Unclassified Monthly Pay Date for December Earnings is 1/2/2013
Reminder: Unclassified Monthly Pay Date for December Earnings is January 2, 2013
Unclassified employees paid on the 1st of each month will be paid on Wednesday, January 2, 2013 for December earnings since January 1st (New Year’s Day) is a Federal Reserve Holiday.
When a pay date falls on a Federal Reserve holiday or a weekend, the pay date is usually the previous business day. An exception to this is the Unclassified monthly pay date that falls on New Year’s Day, January 1st.
To avoid tax-related issues, the January 1st pay date for December earnings is paid in the new calendar year and must be the first “official banking business day” following the New Year’s holiday. The “official banking business day” is defined as a calendar day other than a Saturday, Sunday or a Federal Reserve holiday. Please contact HR/Payroll at email@example.com or 920-465-2390 if you have any questions.