HR, Payroll and Benefits News

Unclassified Monthly Pay Date for December Earnings is January 3, 2012
November 14, 2011

If you are an Unclassifed employee paid on the 1st of each month, this is a reminder that the Unclassified monthly pay date for December earnings is Tuesday, January 3, 2012.

January 3, 2012 is the pay date since January 1 (New Year's Day) is a Sunday, and Monday, January 2 is the Federal Reserve Holiday observing the Sunday, New Year's Day holiday.

When a pay date falls on a Saturday, Sunday or Federal Reserve holiday the pay date is usually the previous business day or non-Federal Reserve holiday. An exception to this normal pay date provision is the Unclassified monthly pay date that falls on New Year's Day, January 1.

To avoid tax-related issues, the January pay date for December earnings must be the "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.

Source: UW Service Center
Categories: Payroll