As we approach the year 2024, it is important for federal employees to be aware of the GS pay period calendar. This calendar outlines the pay periods for the General Schedule (GS) employees, which includes most white-collar employees in the federal government. In this article, we will go over everything you need to know about the GS pay period calendar for 2024.
What is the GS Pay Period Calendar?
The GS pay period calendar is a schedule that outlines the pay periods for federal employees who are paid on the General Schedule. This calendar is used by most white-collar employees in the federal government, and it determines when they will receive their paychecks throughout the year.
The pay period calendar is important for federal employees because it helps them plan their finances and budget accordingly. By knowing when they will receive their paychecks, employees can better manage their expenses and avoid any financial hardships.
When Does the 2024 GS Pay Period Calendar Begin?
The 2024 GS pay period calendar begins on Sunday, December 22, 2023. This is the first day of the first pay period for the year. The pay period will end on Saturday, January 4, 2024, and employees will receive their first paycheck of the year on Friday, January 11, 2024.
How Many Pay Periods Are There in 2024?
There are 26 pay periods in 2024 for federal employees who are paid on the General Schedule. This means that employees will receive two paychecks per month for most of the year.
However, there are two months in 2024 where employees will receive three paychecks. These months are June and December.
What Are the Dates for the 2024 Pay Periods?
The dates for the 2024 pay periods are as follows:
- Pay Period 1: December 22, 2023 – January 4, 2024
- Pay Period 2: January 5, 2024 – January 18, 2024
- Pay Period 3: January 19, 2024 – February 1, 2024
- Pay Period 4: February 2, 2024 – February 15, 2024
- Pay Period 5: February 16, 2024 – February 29, 2024
- Pay Period 6: March 1, 2024 – March 14, 2024
- Pay Period 7: March 15, 2024 – March 28, 2024
- Pay Period 8: March 29, 2024 – April 11, 2024
- Pay Period 9: April 12, 2024 – April 25, 2024
- Pay Period 10: April 26, 2024 – May 9, 2024
And so on…
How Can Employees Access the GS Pay Period Calendar?
The GS pay period calendar is available on the Office of Personnel Management (OPM) website. Employees can also access the calendar through their agency’s human resources department.
What Happens if a Payday Falls on a Holiday or Weekend?
If a payday falls on a federal holiday or weekend, employees will receive their paycheck on the last business day before the holiday or weekend. For example, if a payday falls on a Saturday, employees will receive their paycheck on Friday.
Can Employees Change Their Pay Schedule?
Most federal employees are paid on a biweekly basis, but some employees may be eligible for a different pay schedule. However, changing a pay schedule is not a simple process and requires approval from the employee’s agency.
Conclusion
The GS pay period calendar is an important tool for federal employees who are paid on the General Schedule. By knowing when they will receive their paychecks, employees can better manage their finances and avoid any financial difficulties. If you are a federal employee, be sure to familiarize yourself with the GS pay period calendar for 2024.