Introduction
As we move towards the end of 2023, it’s time to start thinking about the pay calendar for federal employees in 2024. This is an important topic for anyone who works for the federal government, as it determines when you will receive your paychecks throughout the year. In this article, we’ll take a closer look at the federal pay calendar for 2024 and answer some common questions about how it works.
What Is the Federal Pay Calendar?
The federal pay calendar is a schedule that determines when federal employees will receive their paychecks throughout the year. This calendar is set by the Office of Personnel Management (OPM) and is based on a biweekly pay period. There are 26 biweekly pay periods in a year, which means that federal employees receive 26 paychecks per year.
How Does the Federal Pay Calendar Work?
The federal pay calendar is divided into 26 pay periods, each of which lasts for two weeks. The first pay period of the year is usually the first two weeks of January, and the last pay period of the year is usually the last two weeks of December. Each pay period has a specific start date and end date, and federal employees are paid on the payday that falls within that pay period.
What Are the Paydays for 2024?
The paydays for 2024 are as follows:
- January 12
- January 26
- February 9
- February 23
- March 8
- March 22
- April 5
- April 19
- May 3
- May 17
- May 31
- June 14
- June 28
- July 12
- July 26
- August 9
- August 23
- September 6
- September 20
- October 4
- October 18
- November 1
- November 15
- November 29
- December 13
- December 27
What Happens If a Payday Falls on a Holiday?
If a payday falls on a federal holiday, employees will receive their pay on the business day before the holiday. For example, if a payday falls on Monday, January 15th (Martin Luther King Jr. Day), employees will receive their pay on Friday, January 12th.
Conclusion
Now that you know more about the federal pay calendar for 2024, you can plan your finances accordingly. Remember that federal employees receive 26 paychecks per year, with each pay period lasting for two weeks. If you have any further questions about the pay calendar or your specific pay schedule, be sure to contact your HR representative for more information.
Question and Answer
Q: How do I know which pay period I’m in?
A: You can find your pay period dates on your Leave and Earnings Statement (LES), which is available through your agency’s payroll office.
Q: What happens if I miss a payday?
A: If you miss a payday, you should contact your HR representative immediately. They can help you resolve any issues and ensure that you receive your pay as soon as possible.
Q: Can I change my pay schedule?
A: No, federal employees cannot change their pay schedule. The pay calendar is set by the Office of Personnel Management and applies to all federal employees.