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Proposed Legislation

Stay informed on proposed federal legislation that could impact federal employees and retirees. Explore updates on newly introduced Congressional bills, workforce policy proposals, retirement and benefits legislation, pay and leave reforms, and agency‑specific measures under consideration in Congress. Find clear summaries, analysis, and tracking of bills that may affect FERS, CSRS, FEHB, TSP, pay raises, labor relations, and other key aspects of federal employment. Keep up with the latest developments as lawmakers debate changes that shape the federal workforce.

Extending Federal Employee Probation to Two Years?

FedSmith.com author Ralph R. SmithBy Ralph R. SmithNov 20, 2017 2:36 PM Categories Human Resources Leave a comment
Cartoon person smiling and checking a box next to a big smiling face among three possible choices: big smiling face indicating positive performance, neutral face indicating average performance, and a frowning face indicating negative performance

A bill has been favorably reported by committee to significantly increase the length of a probationary period for a federal employee.

Bill Would Require Agencies to Pay Accrued Interest Resulting from Veterans’ Pension Payment Errors

FedSmith.com author Ian SmithBy Ian SmithNov 17, 2017 5:20 PM | Updated: Nov 27, 2017 3:56 PM Categories Pay & Benefits Leave a comment

Recently introduced legislation would protect veterans from having to pay back interest resulting from agency mistakes in the calculation of certain benefits.

Hatch Drops Catch-Up Contributions Amendment from Senate Tax Bill

FedSmith.com author Ian SmithBy Ian SmithNov 16, 2017 6:17 PM Categories Pay & Benefits Leave a comment

An amendment to the Senate’s tax reform bill that had the potential to impact federal employees who invest in the TSP has been taken off the table.

Proposed Amendment Would Eliminate Current TSP Catch Up Contributions

FedSmith.com author Ian SmithBy Ian SmithNov 13, 2017 11:23 AM | Updated: Jun 30, 2019 5:03 PM Categories Pay & Benefits, Retirement Leave a comment

A proposed amendment to the Senate’s tax reform bill would eliminate current retirement savings catch-up contributions.

Bill Would Allow Veterans to Contribute Disability Compensation to the TSP

FedSmith.com author Ian SmithBy Ian SmithNov 11, 2017 1:38 PM | Updated: Nov 17, 2017 5:24 PM Categories Pay & Benefits Leave a comment
Female military veteran on crutches

Recently introduced legislation would give disabled veterans a new option for saving for retirement utilizing the TSP.

Medical Malpractice Coverups at VA Lead to New Legislation

FedSmith.com author Ian SmithBy Ian SmithNov 9, 2017 1:13 PM Categories Agency News Leave a comment

A media investigation highlighting serious problems at the VA has led to introduction of yet another reform bill aimed at fixing some of the agency’s problems.

VA Facing Fallout from Publicity and Scandals

FedSmith.com author Ralph R. SmithBy Ralph R. SmithNov 7, 2017 3:15 PM Categories Agency News Leave a comment

A bill to change how care is provided for American veterans could substantially alter the role of the VA.

TSP Modernization Act Passes Congress; Heads to Trump’s Desk

FedSmith.com author Ian SmithBy Ian SmithNov 7, 2017 7:20 AM | Updated: Nov 20, 2017 4:47 PM Categories Pay & Benefits Leave a comment
Coins in a glass jar labeled 'retirement' sitting next to a retro alarm clock

Congress has passed the TSP Modernization Act and it is now on its way to the White House.

Legislation Would Extend Probationary Period for New Feds to Two Years

FedSmith.com author Ian SmithBy Ian SmithNov 5, 2017 8:50 AM Categories Human Resources Leave a comment

Legislation has been introduced that would extend the probationary period for new federal employees to two years. Would this benefit new employees?

The Political Appointee Burrowing Prevention Act – Good Idea or Not?

By Jeff NealNov 1, 2017 4:10 PM | Updated: Mar 15, 2018 3:01 PM Categories Human Resources Leave a comment
3D person holding two scales: one labeled 'good' and the other labeled 'bad'

A bill under consideration aims to curtail political “burrowing.” The author provides details about the bill along with suggestions for improving it.

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Daily TSP Performance

April 16, 2026

Fund Last % YTD
G Fund $19.8298 +0.01% +1.24%
F Fund $20.9970 -0.14% +0.55%
C Fund $113.0459 +0.26% +3.23%
S Fund $106.8240 +0.28% +6.39%
I Fund $61.4234 +0.02% +10.69%
L Income $30.0174 +0.05% +2.65%
L 2030 $60.4213 +0.10% +4.00%
L 2035 $18.4846 +0.11% +4.56%
L 2040 $71.0648 +0.12% +4.84%
L 2045 $19.7088 +0.13% +5.08%
L 2050 $43.7636 +0.14% +5.32%
L 2055 $22.7589 +0.18% +6.21%
L 2060 $22.7562 +0.18% +6.20%
L 2065 $22.7534 +0.18% +6.20%
L 2070 $13.4856 +0.18% +6.20%
L 2075 $11.7797 +0.18% +6.20%
Get detailed TSP data at TSPDataCenter.com

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