federal pay period calendar for 2023

0000015026 00000 n The biweekly rate is computed by (1) dividing the applicable scheduled annual rate by 2,087 hours, (2) rounding the resulting hourly rate to the nearest cent, and (3) multiplying the hourly rate by 80 hours. Additionally, you will see the academic year, the holidays and celebrations. 5538, originally issued on December 8, 2009, via memorandum to agency Chief Human Capital Officers, and most recently amended and reissued on June 23, 2015. hb``f``qf``` 'Ai\C(eZ(t<4P])^D|y1.49y@aLX,0n7K0(:rD5 ZbR?yyL+1umccR}ex+Xfx6w'!9'\a\a;"-)$*]0 `OshHad+1 /iXCwm;T"tXER$Nc %9X&e~BtL_]]CQW?=U\/!C5SQ}}#dq7?L&&@u)S"eYlF! 0000019162 00000 n 0000041916 00000 n Welcome to the What's New in Pay & Leave list server. xref Each of you will have a different amount of rollover time. A definition of "military pay and allowances" is included in OPM guidance. 0000019265 00000 n Boston-Worcester-Providence, MA-RI-NH-CT-ME. 5519. The biweekly caps are effective as of the first day of the first pay period beginning on or after January 1, 2018. These caps are effective as of the first day of the first pay period beginning on or after January 1, 2019 (January 6, 2019, based on the standard biweekly payroll cycle). 209 0 obj <>stream The table below provides the biweekly premium pay caps for 2009 by locality pay area. 6323(b) - providing up to 22 days of leave each calendar year but with civilian pay offset by the amount of military pay allocated to those leave days, as required by 5 U.S.C. So, when you hire new employees, its more likely that theyve experienced this pay frequency before, making that part of their transition seamless. Web2023 Pay Period Calendar Pink = Holiday Blue = Last day of pay period Red = Holiday & Last day of pay period Green = Pay Day EVENT DATES ARE SUBJECT TO CHANGE (See NOTE 1.) (See NOTE 1.) WebPAY PERIOD CALENDAR 2023 Month Pay Period SM TW F JAN 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 1920 21 22 23 24 25 26 27 28 29 30 31 FEB 1 2 3 4 5 6 7 8 9 10 11 (See NOTE 1.) A biweekly pay schedule gives you a nice balance between admin work and keeping your employees happy. h1 04)(i2x!!. These caps are effective as of the first day of the first pay period beginning on or after January 1, 2020 (January 5, 2020, based on the standard biweekly payroll cycle). $7,034.40 x 26 = $182,894.40.) A leave year ends on the day immediately before the first day of the first (See NOTE 1.) (UN0# 0000050429 00000 n This is a distribution tool only. (See 5 U.S.C. The biweekly rate is computed by (1) dividing the applicable annual rate by 2,087 hours, (2) rounding the resulting hourly rate to the nearest cent, and (3) multiplying the hourly rate by 80 hours. For example, in Los Angeles, the GS-15, step 10, scheduled annual locality rate of $136,466 divided by 2,087 hours yields an hourly rate of $65.39 and a biweekly rate of $5,231.20 ($65.39 x 80 hours). 5547. (Just click Make a copy to get your own version. If the allocated military pay and allowances are greater than or equal to the projected civilian basic pay, no reservist differential is payable for that pay period. (See NOTE 1.) rrVPNL9 RAiO"C.3 aKqKr11G`U4\kuz/?b8)J! These caps are effective as of the first day of the first pay period beginning on or after January 1, 2023 (January 1, 2023, based on the standard biweekly payroll cycle). 0000041688 00000 n <<75CA1A7C0546C94D8096888A9BA87719>]/Prev 79313/XRefStm 948>> The employing agency must adjust an employee's projected rate of basic pay as it would have been adjusted (with reasonable certainty) but for the interruption of military active duty. EpD-1+48cYU8kv_\ Lb.JT9_lqMH5q'~#{~hW =F{kZb'w,r+o;!5@;FHw)n\Wc{R@0Ta>\~91K General Services Administration 2023 HOLIDAYS TIME CARD CERTIFICATION CHECK PAY DATES EFT PAY DATES PAY PERIOD END DATES QTR 1ST QTR26 Similarly, the Executive Schedule level V annual rate of $172,100 divided by 2,087 hours yields an hourly rate of $82.46 and a biweekly rate of $6,596.80 ($82.46 x 80 hours). 5547(b) and 5 CFR 550.106-550.107.) The receipt of a reservist differential does not affect an employees civilian pay and leave status. Weeks in Pay Period 5 Monthly Pay Date July 20, 2023. j\GYb2+!S7Sjt;RIE92\U&_1m The agency must follow the adjustment methodology prescribed by OPM in its guidance. Choosing the right payroll schedule for your small business is important in managing your administrative work and keeping employee satisfaction up. 0000000016 00000 n However, its good to be aware since your payroll expenses will appear higher for those two months., When you use a biweekly schedule, most years have 26 pay periods. The table below provides the biweekly and annual premium pay caps for 2021 by locality pay area. 0000000756 00000 n After about 14 years, that extra amount equals a whole extra pay period.. Wednesday, April 12 (pay period: March 16 to March 29) Wednesday, April 26 (pay period: March 30 to April 12) May 2023. The biweekly rate is computed by (1) dividing the applicable annual rate by 2,087 hours, (2) rounding the resulting hourly rate to the nearest cent, and (3) multiplying the hourly rate by 80 hours. For example, in Atlanta, GA, the GS-15, step 10, annual locality rate of $156,043 divided by 2,087 hours yields an hourly rate of $74.77 and a biweekly rate of $5,981.60 ($74.77 x 80 hours). Under 5 U.S.C. Similarly, the Executive Level V annual rate of $139,600 divided by 2,087 hours yields an hourly rate of $66.89 and a biweekly rate of $5,351.20 ($66.89 x 80 hours). qy gu qo. Similarly, the Executive Schedule Level V annual rate of $145,700 divided by 2,087 hours yields an hourly rate of $69.81 and a biweekly rate of $5,584.80 ($69.81 x 80 hours). If you start your biweekly payroll schedule on Friday, January 6, 2023, your three-paycheck months will be March and September. information, make sure you're on a federal government site. A leave year begins on the first day of the first full biweekly pay period in a calendar year. WebFederal pay period calendar for 2023. ft. fq. The biweekly rate is computed by: (1) dividing the applicable annual rate by 2,087 hours, (2) rounding the resulting hourly rate to the nearest cent, and (3) multiplying the hourly rate by 80 hours. Well dive into all that and more, so keep reading! The biweekly rate is computed by (1) dividing the applicable scheduled annual rate by 2,087 hours, (2) rounding the resulting hourly rate to the nearest cent, and (3) multiplying the hourly rate by 80 hours. The reservist differential is considered to be pay for the purposes of various other laws governing Federal employee compensation (e.g., laws governing salary offset for debt collection, waiver of overpayments, garnishment, back pay). (See NOTE 1.) pf&@j}?oc;x451WqS*(<;V>U7b8Y7 The reservist differential is not basic pay for any purpose. (See NOTE 1.) Federal agencies must provide a payment (a "reservist differential") equal to the amount by which an employee's projected civilian "basic pay" for a covered pay period exceeds the employee's actual military "pay and allowances" allocable to that pay period. Based on those statements, the employing agency must determine the actual paid gross amount of military pay and allowances allocable to each pay period in a qualifying period. The table below provides the biweekly premium pay caps for 2006 by locality pay area. Similarly, the Executive Schedule level V annual rate of $161,700 divided by 2,087 hours yields an hourly rate of $77.48 and a biweekly rate of $6,198.40 ($77.48 x 80 hours). Military pay and allowances are payable on a monthly basis. Divide their salary by 2,080 non-overtime hours in a year. Webpayroll or time and attendance information. While absent from the civilian job, the employee is considered to be on leave without pay unless the employee takes civilian paid leave or other paid time off. Section 5538 applies to all employees and agencies within the Federal Government (executive, legislative, and judicial branches) unless the employee or agency is excluded from coverage by other provision of law. )5hs word/footer2.xmln0@ xb h@[Cmv,I"aq1-1p"8oW`\4i Pay Period Calendars by Fiscal Year (Two Years) Form #. These caps become effective as of the first day of the first pay period beginning on or after January 1, 2016. For example, in Washington, DC, the GS-15, step 10, annual locality rate of $143,471 divided by 2,087 hours yields an hourly rate of $68.75 and a biweekly rate of $5,500 ($68.75 x 80 hours). 0000017531 00000 n Under 5 U.S.C. Similarly, the Executive Level V annual rate of $131,400 divided by 2,087 hours yields an hourly rate of $62.96 and a biweekly rate of $5,036.80 ($62.96 x 80 hours). Section 5538 became effective on the first day of the first pay period beginning on or after March 11, 2009 (i.e., March 15, 2009, for executive branch employees on the standard biweekly payroll cycle). There are eleven federal holidays recognized by the US government. 0000001517 00000 n The table below provides the biweekly and annual premium pay caps for 2018 by locality pay area. 6323(b). Similarly, the Executive Level V annual rate of $125,400 divided by 2,087 hours yields an hourly rate of $60.09 and a biweekly rate of $4,807.20 ($60.09 x 80 hours). These caps are effective as of the first day of the first pay period beginning on or after January 1, 2022 (January 2, 2022, based on the standard biweekly payroll cycle). That means you withhold a total of 19.65% of gross pay, which comes out to $176.85. 5547(a) and 5 CFR 550.105, General Schedule (GS) employees and other covered employees may receive certain types of premium pay for a biweekly pay period only to the extent that the sum of basic pay and premium pay for the pay period does not exceed the greater of the biweekly rate payable for (1) GS-15, step 10 (including any applicable locality payment or special rate supplement), or (2) the rate payable for level V of the Executive Schedule. WebU.S. 0000073385 00000 n 5547(a) and 5 CFR 550.105, General Schedule (GS) employees and other covered employees may receive certain types of premium pay for a biweekly pay period only to the extent that the sum of basic pay and premium pay for the pay period does not exceed the greater of the biweekly rate payable for (1) GS-15, step 10 (including any applicable locality payment or special rate supplement), or (2) the rate payable for level V of the Executive Schedule. Reservist differentials are not subject to FICA (Social Security and Medicare) taxes if those differential payments are paid for periods of active duty of more than 30 days. HVlx(PYf(#10L@ -0q!jyv h:< endstream endobj 2694 0 obj <>/Filter/FlateDecode/Index[32 2626]/Length 72/Size 2658/Type/XRef/W[1 1 1]>>stream 5547(a) and 5 CFR 550.105, General Schedule (GS) employees and other covered employees may receive certain types of premium pay for a biweekly pay period only to the extent that the sum of basic pay and premium pay for the pay period does not exceed the greater of the biweekly rate payable for (1) GS-15, step 10 (including any applicable locality payment or special rate supplement), or (2) the rate payable for level V of the Executive Schedule. When the biweekly (or annual, if applicable) cap on premium pay is reached, employees may still be ordered to perform overtime work without receiving further compensation. Rather than watching their bank account dwindle over the month, it consistently gets re-upped every week, which is a big comfort. Under 5 U.S.C. Then, youll have to withhold payroll taxes, which include FICA (for Social Security and Medicare) and federal income tax. 2FrDD]O*h])0oU] Neither OPM nor agencies have general authority to waive the biweekly or annual premium pay caps established under 5 U.S.C. Diversity, Equity, Inclusion, and Accessibility, Classifying Federal Wage System Positions, Frequently Asked Questions for Hybrid Work Environment, Federal Workforce Priorities Report (FWPR), Federal Labor-Management Information System, Recruitment, Relocation & Retention Incentives, CPM-2019-19 2019 Annual Review of Special Rates (Data Call), CPM-2019-18 Human Resources Flexibilities and Procedures for Hurricane Season, CPM-2019-17 Coping with Severe Heat and Humidity, Pay and Leave Flexibilities for Recruitment and Retention, Federal Employee Compensation Package: Its More than Just Salary, Compensation Flexibilities to Recruit and Retain Cybersecurity Professionals, Reservist Differential Policy Guidance Supplement (Attachment to CPM 2011-06, 04/13/2011), Reservist Differential - Summary Description, Reservist Differential Implementation Guidance, Reservist Differential Policy Update Memo (CPM 2011-06, 04/13/2011), Reservist Differential Implementation Update Memo (CPM 2010-09, 04/14/2010), Reservist Differential Memo (CPM 2009-19, 12/08/2009), Nonreduction in Pay for Certain Federal Civilian Employees on Active Duty in the Uniformed Services or National Guard Memo (CPM 2009-07, 04/03/2009). Under 5 U.S.C. ,W:7 The amount of the reservist differential depends solely on the amount of civilian basic pay, while the payment for military leave may reflect additional types of civilian pay. WebList of 2023 and 2024 Federal Holidays. When payments for military leave are offset by military pay, only civilian workdays are considered. We accomplish this by developing and maintaining Governmentwide regulations and policies on authorities such as basic pay setting, locality pay, special rates, back pay, pay limitations, premium pay, grade and pay retention, severance pay, and recruitment, relocation, and retention incentives. Similarly, the Executive Schedule level V annual rate of $156,000 divided by 2,087 hours yields an hourly rate of $74.75 and a biweekly rate of $5,980.00 ($74.75 x 80 hours). The calendar shows you important dates to keep track of for 2023. We will issue a separate memorandum with additional information on this authority and other recent legislative changes. However, if employees instead have 27 biweekly salary payments during 2023, for those employees, the applicable annual cap is equal to the applicable biweekly rate multiplied by 27. On September 4, October 9, both days falling on Mondays, Labor Day and Columbus Day will be federal holidays. 5376, Alert: Paysetting for FWS to GS Movements, NAFI Employees Moving to General Schedule (GS) Positions - Setting Pay, Official Worksite for Location-Based Pay Purposes, Pay Action Examples in the Federal Wage System, Pay Action Examples Other than Promotions and Grade and Pay Retention, Rates of Pay to Use in Processing Pay Actions, Retention Incentives (likely to leave the Federal service), Retention Incentives (likely to leave for a different Federal position), Group Retention Incentives (likely to leave for a different Federal position), Recruitment, Relocation, and Retention Incentives: Coverage of Non-General Schedule Employees Under Single-Agency Pay Systems, Recruitment, Relocation, and Retention Incentives Oversight and Accountability, Special Conversion Rules For Certain Non-GS Employees, Superior Qualifications and Special Needs Pay-Setting Authority, Compensatory Time Off for Travel - Examples, Compensatory Time Off for Travel - Questions & Answers to Fact Sheet, Federal Holidays - Work Schedules and Pay, Guidance on Applying FLSA Overtime Provisions to Law Enforcement Employees Receiving Administratively Uncontrollable Overtime Pay, Night Shift Differential for Federal Wage System Employees, A covered employee is absent from a Federal civilian position in order to perform active duty in the uniformed services pursuant to a call or order to active duty under section 331, 332, 333, 688, 12301(a), 12302, 12304, 12304a, 12305, or 12406, of title 10, United States Code, and is serving on such qualifying active duty; and. *.FL$*o;C_'I7aW?? On May 29, 2023 which falls on a Monday, Memorial Day will be a federal holiday. On July 4, 2023, which falls on a Tuesday, Independence Day will be a federal holiday. On September 4, October 9, both days falling on Mondays, Labor Day and Columbus Day will be federal holidays. According to the U.S. Bureau of Labor Statistics, 43% of businesses use the biweekly pay schedule, making it the most common payroll schedule. 5547(a) and 5 CFR 550.105, General Schedule (GS) employees and other covered employees may receive certain types of premium pay for a biweekly pay period only to the extent that the sum of basic pay and premium pay for the pay period does not exceed the greater of the biweekly rate payable for (1) GS-15, step 10 (including any applicable locality payment or special rate supplement), or (2) the rate payable for level V of the Executive Schedule. These caps become effective as of the first day of the first pay period beginning on or after January 1, 2011. Issue Date Sep 19, 2022. If you look at how many pay periods there should be in a year, it turns out its a little over 26., In other words, when you take the 365 days in a year and divide by the 14 days per period, you get 26.071 (not an equal 26) pay dates per year. The biweekly rate is computed by (1) dividing the applicable annual rate by 2,087 hours, (2) rounding the resulting hourly rate to the nearest cent, and (3) multiplying the hourly rate by 80 hours. It is also the most commonly used method. Reservist differentials should be paid at the same frequency as regular civilian salary payments (e.g., generally on a biweekly basis for executive branch employees). The table below provides the biweekly premium pay caps for 2005 by locality pay area. The table below provides the biweekly and annual premium pay caps for 2013 by locality pay area. To subscribe to the list send an email to: [email protected]. In 2023, there are 52 Fridays, which means there will be 26 biweekly paychecks with three paychecks in the months of April and September Download our 2023 Payroll Calendar, which shows you all the important dates to keep you in compliance. Interested in learning more about GetPayroll services? 0000001692 00000 n The biweekly rate is computed by (1) dividing the applicable annual rate by 2,087 hours, (2) rounding the resulting hourly rate to the nearest cent, and (3) multiplying the hourly rate by 80 hours. WebPAY PERIOD CALENDAR 2024 Month Pay S Period M TW FS JAN 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 1819 20 21 22 23 24 25 26 27 28 29 30 31 FEB 1 2 3 4 5 6 7 8 9 10 However, the reservist differential will not be counted as part of aggregate compensation in applying the aggregate pay limit in 5 U.S.C. (See Note 1.) The Internal Revenue Service has given OPM the following guidance regarding the treatment of reservist differentials paid under 5 U.S.C. 5547(a) and 5 CFR 550.105, General Schedule (GS) employees and other covered employees may receive certain types of premium pay for a biweekly pay period only to the extent that the sum of basic pay and premium pay for the pay period does not exceed the greater of the biweekly rate payable for (1) GS-15, step 10 (including any applicable locality payment or special rate supplement), or (2) the rate payable for level V of the Executive Schedule. "cGF8E?qo3cgFdXz(!Ev&V\ahS6Ga*[v &pT4I58N`UzVoY$XNvF6as(J*w8v}Dg=&6Y.Jo@z5`?foUIYG`x'^%+%7 PK ! (See NOTE 1.) Under 5 U.S.C. WebThe General Schedule (GS) payscale is the federal government payscale used to determine the salaries of over 70% of federal civilian employees. 0000026051 00000 n 0000039170 00000 n Which Federal Employees (During civilian paid time off, the reservist receives full military pay and full civilian pay, except that civilian pay is offset by military pay when an employee uses military leave under 5 U.S.C. Exceptions to those caps require specific legislation. Full Notice. WebApril 2023. WebThe President approved the largest pay raise for federal employees in over twenty years. For example, the GS-15, step 10, annual locality rate in Washington, DC, is $183,500 (EX-IV cap), but the corresponding annual premium pay cap based on 26 payments is $182,894.40. In accordance with Federal civil rights law and U.S. No matter what schedule you choose, its helpful to have a calendar handy to plan out your paydays in advance. You can use the JSON or XML With the exception of Jan. 1, 2022, Dec. 31, 2023, Jan. 3, 2024, Dec. 31,2024, Jan. 3, 2025, and Dec. 31, 2025, all of the dates presented are the official end of a payperiod; that is, the second Saturday of the payperiod. Under 5 U.S.C. Unfortunately, it doesnt happen in the same year for every business. For hourly team members, you can calculate their pay this way: Take the total number of hours worked between the pay period start date and the pay period end dateand then multiply that by their hourly rate.. 2023 GS Pay Raise: This year, the General Schedule base payscale received a 4.1% across-the-board pay raise. A GS-13 Step 3 federal employee would receive an effective raise of $3,552.00 in 2023, from $86,630.00 per year (based on the 2022 GS base table) to $90,182.00 per year. When you divide $44,200 by 26, you get $1,700 of gross pay for each period (Gross pay is the total amount paid to your employee before you withhold payroll taxes.). 0000049483 00000 n The fact sheets below provide information on various topics concerning pay administration for Federal employees covered under title 5 of the United States Code and title 5 of the Code of Federal Regulations. Under 5 U.S.C. 5547(a) and 5 CFR 550.105, General Schedule (GS) employees and other covered employees may receive certain types of premium pay for a biweekly pay period only to the extent that the sum of basic pay and premium pay for the pay period does not exceed the greater of the biweekly rate for (1) GS-15, step 10 (including any applicable locality payment or special rate supplement), or (2) level V of the Executive Schedule. This section provides a benefit to certain Federal civilian employees who are (1) absent from employment with the Federal Government because they are ordered to perform active duty in the uniformed services under a provision of law specifically referenced in 10 U.S.C. Similarly, the Executive Schedule Level V annual rate of $147,200 divided by 2,087 hours yields an hourly rate of $70.53 and a biweekly rate of $5,642.40 ($70.53 x 80 hours). 5gouispK~l>iCxGnF*l0b,U^LLU|pEe^O?j{4f PK ! )zi0-j\][tT;f5.M A,gdoI?U-[@22"SEOl~ 4SyB9Hy A$$ SV=`\ J:wazg;T9~P^p3L1+'2,PX,^24k\;OekB}l})Jchjr `:cz|%l/qOSj_-X*~3Lm:5I\0TXJ& UWi(ME\5Z_uOu"TJUyGy1; xki3#" !/wCpLqK0+ft":CQW:o+f&YkLMZ1'%EqU#S:\9/{"]Eti;gUMoX|W>M}iEak8 w6-#?K_\/w"6geTi+}w}if8-zjWwwyu4I~4(Ml>ei,vo_FBJq, J/?a+}i"\/ap(34eumxix\I5U-;g\){+SATaWa|+Xl'>cO! These caps are effective as of the first day of the first applicable pay period beginning on or after January 1, 2004. (See NOTE 1.) For each affected month, a daily rate will be computed by dividing the monthly total by 30 days for full months or by the actual number of days for partial months. The annual caps listed in the table below apply to employees with 26 biweekly salary payments in 2023. And is there a calendar you can follow? The employing agency will determine whether the employee-reservist meets the conditions described above. WebMarch SS M T W T F S 26 27 28 11 2 / 3 4 5 6 7 8 9 10 11 1215 13 14 15 16 / 17 18 1926 20 21 22 23 24 25 26 27 28 29 30 / 31 1 What is Pay Frequency/ Pay Period? That said, a biweekly payroll schedule is one of the most popular options for a reason. Its manageable for employers and helps employees feel more financially secure as you pay them more often. For example, in Atlanta, GA, the GS-15, step 10, annual locality rate of $161,900 divided by 2,087 hours yields an hourly rate of $77.58 and a biweekly rate of $6,206.40 ($77.58 x 80 hours). However, as required by 5 U.S.C. 0000051968 00000 n On November 10, 11, and 23 in 2023, Veterans (And heads up, were about to get a bit technical. This would include general increases, locality pay increases, and within-grade increases (based on longevity and acceptable performance). }u6_|%_ ,=Jl@+w-+_.eErwfvM?]o:r4aXcN~4`WJvL@%m~zX9V~&QJKfcE`ua364kX:g~vx)IGp2jn_7,^NlJ]QRL\8($?sT#eGW#>PW9xyLU@ i8+L{byfs&IV $%#*o &"RaU v E;@h3*wco'4Cozf$|&)"^Rsmg1AEs NLH=b?Q? n*S}zUd"V \ A 0}1dP\f@?{&"0w'2j\mWqqyV<5rM%I5Mg_V0N!u>bF3Qow)iv.7qB|@9% RDyMh&f9n E)79amAmURa^kCtnN$#2CMo\.{.U,d+M+" d(1w! 0000019440 00000 n Special military leave for contingency operations or law enforcement purposes under 5 U.S.C. Certain special rate employees may have a higher biweekly premium pay cap at GS-15, step 10, than that shown in the table. 0000043444 00000 n Regular military leave under 5 U.S.C. Under 5 U.S.C. These caps become effective as of the first day of the first pay period beginning on or after January 1, 2014. OPM memorandum Reservist Differential Policy Update (CPM 2011-06, 04/13/2011). The .gov means it's official. When selecting which payroll schedule, there are several factors to considerincluding the amount of administrative work involved, industry standards, and employee preferences. For example, in Los Angeles, the GS-15, step 10, scheduled annual locality rate of $130,284 divided by 2,087 hours yields an hourly rate of $62.43 and a biweekly rate of $4,994.40 ($62.43 x 80 hours). 0000022931 00000 n 5305 for most GS employees are capped at the rate for level IV of the Executive Schedule (EX-IV), which is $183,500 in 2023. Chock full of important information, Key

Sylvia Newsome News Anchor, Whataburger Net Worth 2021, Tomo Salem Nh Happy Hour, What Brand Matches Lg Stainless Steel, Articles F