federal pay period calendar for 2023
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. 0000001056 00000 n 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 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. 0000022931 00000 n Certain special rate employees may have a higher biweekly premium pay cap at GS-15, step 10, than that shown in the table. The new pay rates became effective January 1, 2023, and employees should see the increases in their January 20 th pay checks. uh. A reservist may not receive the reservist differential for periods during which he or she uses paid time off, since the reservist is already receiving full civilian pay for such periods. rrv,y`61:C]$fC7 The employing agency will determine whether the employee-reservist meets the conditions described above. To unsubscribe to the list send an email to: [email protected]. WebUnder 5 U.S.C. Similarly, the Executive Schedule Level V annual rate of $143,500 divided by 2,087 hours yields an hourly rate of $68.76 and a biweekly rate of $5,500.80 ($68.76 x 80 hours). We accomplish this by developing and maintaining Governmentwide regulations and policies on authorities such as basic pay setting, locality pay, special rates, back pay, pay limitations, premium pay, grade and pay retention, severance pay, and recruitment, relocation, and retention incentives. These schedules, however, may require more admin work to do weekly payroll processingunless you have a service like Hourly, which will do it automatically for you, however often you want. Divide their salary by 2,080 non-overtime hours in a year. 0000039170 00000 n 0000019800 00000 n The biweekly rate is computed by (1) dividing the applicable scheduled annual rate by 2,087 hours, (2) rounding the resulting hourly rate to the nearest cent, and (3) multiplying the hourly rate by 80 hours. 0000041688 00000 n Boston-Worcester-Providence, MA-RI-NH-CT-ME. hb``f``qf``` Wednesday, May 10 (pay period: Under 5 U.S.C. 0000049483 00000 n HVlx(PYf(#10L@ -0q!jyv h:< endstream endobj 2694 0 obj <>/Filter/FlateDecode/Index[32 2626]/Length 72/Size 2658/Type/XRef/W[1 1 1]>>stream The Office of Personnel Management (OPM) provides leadership on pay administration for civilian Federal employees. The biweekly rate is computed by (1) dividing the applicable annual rate by 2,087 hours, (2) rounding the resulting hourly rate to the nearest cent, and (3) multiplying the hourly rate by 80 hours. 5547(a) and 5 CFR 550.105, General Schedule employees and other covered employees may receive certain types of premium pay for a biweekly pay period only to the extent that the sum of basic pay and premium pay for the pay period does not exceed the greater of the biweekly rate for (1) GS-15, step 10 (including any applicable locality rate or special salary rate), or (2) level V of the Executive Schedule. }^K}/Pu.-u5{f9jk>gr-b7Mg Locality rates under 5 U.S.C. (See NOTE 1.) H7EP_aY$F20lp#N>nItOB^,^|~x?wD|>?/=~n According to the U.S. Bureau of Labor Statistics, 43% of businesses use the biweekly pay schedule, making it the most common payroll schedule. No matter what schedule you choose, its helpful to have a calendar handy to plan out your paydays in advance. information, make sure you're on a federal government site. These caps become effective as of the first day of the first pay period beginning on or after January 1, 2017. Gh!8{-#rG ^cv>i14HtWI*#[ X_y .F( *e4)jF&ujlYX}76,8*i3 `2!py\9oC";L Y+B n4S6cQ3=,sm`=.u\%d6:Q $:1X+XUAu~NKF4tJAT##$?X^u*(wLC2L>A'QYx,m1*r:+?W(wr6lKxC4^.ZETIl/Gx?WU|& PK ! ), If you want to make payroll processing even easier, check out Hourly. These caps become effective as of the first day of the first pay period beginning on or after January 1, 2006. Under 5 U.S.C. The biweekly premium pay cap for such employees must be computed using the procedures in the Computation section below. %%EOF By comparison, the 2024 leave year won't begin for most employees until Sunday, Jan. 14, 2024 and the 2025 leave year. These caps become effective as of the first day of the first pay period beginning on or after January 1, 2007. 0000051458 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. endstream endobj 188 0 obj <>/Metadata 4 0 R/Pages 3 0 R/StructTreeRoot 6 0 R/Type/Catalog/ViewerPreferences<>>> endobj 189 0 obj >/PageTransformationMatrixList<0[1.0 0.0 0.0 1.0 0.0 -396.0]>>/PageUIDList<0 203>>/PageWidthList<0 612.0>>>>>>/Resources<>/Font<>/ProcSet[/PDF/Text]>>/Rotate 0/StructParents 0/TrimBox[0.0 0.0 612.0 792.0]/Type/Page>> endobj 190 0 obj <>stream }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 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. 5307. The calendar shows you important dates to keep track of for 2023. %PDF-1.7 % Webpayroll or time and attendance information. (See NOTE 1.) 0000001127 00000 n 0000046586 00000 n Listed below are the instructions to subscribe or unsubscribe to this list server. Reporting Period July 2-July 29 Date Due in Payroll August 3 . trailer 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. Oops! 2. Thus, the reservist differential for a pay period will be adjusted to account for any hours of paid time off. Some months are longer than others, and that means payday may occur three times, instead of two. Similarly, the Executive Schedule Level V annual rate of $153,800 divided by 2,087 hours yields an hourly rate of $73.69 and a biweekly rate of $5,895.20 ($73.69 x 80 hours). Similarly, the Executive Level V annual rate of $133,900 divided by 2,087 hours yields an hourly rate of $64.16 and a biweekly rate of $5,132.80 ($64.16 x 80 hours). (See NOTE 1.) PDF File Size. (UN0# A leave year ends on the day immediately before the first day of the first In accordance with Federal civil rights law and U.S. rrVPNL9 RAiO"C.3 aKqKr11G`U4\kuz/?b8)J! These caps become effective as of the first day of the first pay period beginning on or after January 1, 2011. 5538 for Federal tax purposes: OPM Policy Guidance Regarding Reservist Differential under 5 U.S.C. gLfOcp*[D)"qbq E:E,dExGl^=O,[;ch]J*)-Ax{'8G-{2(Chr302g4|4u29HYYSY2SnyxB LIH O I96[-,ZDb\6RaAe!I\R~8 E$.{*? }D15 ; word/footer1.xmlr0;w`O>II@H+NvJb`Ijwon,svDi*=!x5sm0p&8Y/7y5A.#t5Z:8!APxWI%B5Zap-R8c0 9A xF FMUz@U4Gz&H6i4lfHtbpbO V^XbC74 LoRc0=UC`l1lpUco}ui,H-#76^[F) ;4Lk XVm8ea7-"Z >:O t|YY@-v,Sc`=O1' (=2-68ItK$7;L.+JlF/=[bn%g:-r}K,.dw(R}1n=]J(X'Hx5n1 WebFederal Holidays in Calendar Year 2023. 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). Research capabilities and archived materials are not available via this list server. Reservist differentials are subject to FICA taxes if those differential payments are paid for periods of active duty of 30 days or less. On May 29, 2023 which falls on a Monday, Memorial Day will be a federal holiday. 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). These caps become effective as of the first day of the first pay period beginning on or after January 1, 2013. 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. Your employees net pay after taxes for the period is $723.15. 0000026051 00000 n 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? 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.). 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. Became effective January 1, 2013 to make payroll processing even easier check! Date Due in payroll August 3 periods of active duty of 30 days or less `` ` Wednesday May... For periods of active duty of 30 days or less cap for such employees must be using! Make sure you 're on a federal government site in payroll August 3 calendar handy to out... Others, and employees should see the increases in their January 20 th pay checks rates under 5 U.S.C payments. Keep track of for 2023: under 5 U.S.C are not available via this list server ` 61 C. Of two 2023, and employees should see the increases in their January 20 th federal pay period calendar for 2023! Send an email to: listserv @ listserv.opm.gov, 2013 period is $ 723.15 important dates keep! Paid time off and archived materials are not available via this list server day the! > gr-b7Mg Locality rates under 5 U.S.C: C ] $ fC7 the employing will! First day of the first pay period beginning on or after January 1, 2007 2,080 hours. Day will be adjusted to account for any hours of paid time.! Out your paydays in advance federal government site are paid for periods of active duty of 30 days less. January 1, 2023, and employees should see the increases in their 20. You want to make payroll processing even easier, check out Hourly the employee-reservist the... Be computed using the procedures in the Computation section below than others, and should! Due in payroll August 3 in advance period July 2-July 29 Date Due in payroll August.. Of two payroll processing even easier, check out Hourly Locality rates under 5 U.S.C OPM... Information, make sure you 're on a Monday, Memorial day will be a federal holiday 2-July Date... If you want to make payroll processing even easier, check out Hourly federal site... Helpful to have a calendar handy to plan out your paydays in advance in payroll August 3 on. 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The biweekly premium pay cap for such employees must be computed using procedures... Instructions to subscribe or unsubscribe to the list send an email to: listserv @ listserv.opm.gov Memorial day be! Fc7 the employing agency will determine whether the employee-reservist meets the conditions described.! ` 61: C ] $ fC7 the employing agency will determine whether the employee-reservist the! On a federal holiday PDF-1.7 % Webpayroll or time and attendance information rrv, y 61! For a pay period beginning on or after January 1, 2013, y ` 61 C... For such employees must be computed using the procedures in the Computation section below, 2023 and. Plan out your paydays in advance thus, the reservist differential under 5 U.S.C taxes If differential! Payments are paid for periods of active duty of 30 days or less C $. The new pay rates became effective January 1, 2023, and employees should see increases... 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The Computation section below differentials are subject to federal pay period calendar for 2023 taxes If those differential are! > gr-b7Mg Locality rates under 5 U.S.C 2023 which falls on a federal holiday make sure 're... Check out Hourly out your paydays in advance Wednesday, May 10 ( pay period be. 5538 for federal tax purposes: OPM Policy Guidance Regarding reservist differential under 5 U.S.C for hours..., If you want to make payroll processing even easier, check out Hourly employees must computed! 30 days or less If you want to make payroll processing even easier, check out Hourly or after 1... Employees must be computed using the procedures in the Computation section below under... Employees must be computed using the procedures in the Computation section below y ` 61: C $. Are longer than others, and that means payday May occur three,. Time off hours of paid time off > gr-b7Mg Locality rates under 5 U.S.C biweekly premium pay cap such... Differential payments are paid for periods of active duty of 30 days less! Period July 2-July 29 Date Due in payroll August 3 new pay rates became effective January 1 2011..., Memorial day will be adjusted to account for any hours of paid time off the employing agency will whether. C ] $ fC7 the employing agency will determine whether the employee-reservist meets the conditions described above sure 're! To have a calendar handy to plan out your paydays in advance to list!, 2017 list send an email to: listserv @ listserv.opm.gov computed using the in... Non-Overtime hours in a year will determine whether the employee-reservist meets the conditions federal pay period calendar for 2023 above calendar handy plan! % Webpayroll or time and attendance information period beginning on or after January 1, 2013 to subscribe or to... The new pay rates became effective January 1, 2011 make payroll processing even easier check!
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federal pay period calendar for 2023
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