(See NOTE 1.) DN 8X L4 So, for the example above, we would divide $44,200 by 2,080 hours. For example, in Los Angeles, the GS-15, step 10, scheduled annual locality rate of $136,466 divided by 2,087 hours yields an hourly rate of $65.39 and a biweekly rate of $5,231.20 ($65.39 x 80 hours). For example, in Atlanta, GA, the GS-15, step 10, annual locality rate of $170,800 divided by 2,087 hours yields an hourly rate of $81.84 and a biweekly rate of $6,547.20 ($81.84 x 80 hours). For example, in Washington, DC, the GS-15, step 10, annual locality rate of $143,471 divided by 2,087 hours yields an hourly rate of $68.75 and a biweekly rate of $5,500 ($68.75 x 80 hours). If the allocated military pay and allowances are greater than or equal to the projected civilian basic pay, no reservist differential is payable for that pay period. Some months are longer than others, and that means payday may occur three times, instead of two. Similarly, the Executive Level V annual rate of $139,600 divided by 2,087 hours yields an hourly rate of $66.89 and a biweekly rate of $5,351.20 ($66.89 x 80 hours). Reservist differentials are treated as wages for Federal income tax withholding purposes, regardless of the length of the active duty. They often have variable work schedules and find it much easier to see how much theyve earned so far by getting paid weekly. The receipt of a reservist differential does not affect an employees civilian pay and leave status. 0000031350 00000 n 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. (See Comptroller General Opinions: B-178117, May 1, 1973; B-229089, December 28, 1988; and B-240200, December 20, 1990.). If you'd prefer a more detailed version of the calendar you can download the calendar and then print it. For example, in Atlanta, GA, the GS-15, step 10, annual locality rate of $172,500 divided by 2,087 hours yields an hourly rate of $82.65 and a biweekly rate of $6,612.00 ($82.65 x 80 hours). 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. For each civilian pay period, the employing agency must compare the projected civilian basic pay to the allocated military pay and allowances. It gives them an incentive to keep working every week and makes them feel more financially secure. Similarly, the Executive Level V annual rate of $125,400 divided by 2,087 hours yields an hourly rate of $60.09 and a biweekly rate of $4,807.20 ($60.09 x 80 hours). Under 5 U.S.C. A definition of "military pay and allowances" is included in OPM guidance. 0000046173 00000 n The employee is entitled to reemployment rights under the Uniformed Services Employment and Reemployment Rights Act (USERRA - 38 U.S.C. Similarly, the Executive Schedule level V annual rate of $172,100 divided by 2,087 hours yields an hourly rate of $82.46 and a biweekly rate of $6,596.80 ($82.46 x 80 hours). This can help them determine if theyre on track to pay rent, their bills and any other expensesor if they need to pick up more work before the month is over. 0000017531 00000 n The table below provides the biweekly premium pay caps for 2005 by locality pay area. The employee-reservist must provide his or her employing agency with a copy of his monthly military leave and earnings statement for each affected month. The Office of Human Resources Issue Date Sep 19, 2022. If the projected civilian basic pay is greater than the allocated military pay and allowances, the difference represents the unadjusted reservist differential. On July 4, 2023, which falls on a Tuesday, Independence Day will be a federal holiday. WebAccess our federal deposit calendars and payroll calendars to keep you up-to-date on essential deposit dates and filing deadlines. 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. However, the reservist differential will not be counted as part of aggregate compensation in applying the aggregate pay limit in 5 U.S.C. The caps do not match the published annual rates shown on applicable salary schedules. 0000013606 00000 n 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). Lets say the tax withholding for this employee includes 7.65% for Social Security and Medicare (FICA taxes) and 12% for federal income tax. 187 0 obj <> endobj 0000020286 00000 n As the employer, you dont need to plan too much for this since it happens automatically due to your payment schedule. 5307. 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. 5538 for Federal tax purposes: OPM Policy Guidance Regarding Reservist Differential under 5 U.S.C. The table below provides the biweekly and annual premium pay caps for 2021 by locality pay area. 5 U.S.C. (See NOTE 1.) Divide their salary by 2,080 non-overtime hours in a year. These caps are effective as of the first day of the first pay period beginning on or after January 1, 2020 (January 5, 2020, based on the standard biweekly payroll cycle). (If you have, Hourly, however, you can do unlimited payroll runsand pay your employees as often as you want.). Webfederal pay period calendar for 2023 Federal Pay Period Calendar 2024 April 15, 2022 by tamble The academic calendar is for 2024-2025. 0000001692 00000 n The calendar link can be used to import federal holidays into any major calendar softwares including Microsoft Outlook, Apple Calendar, Google Calendar. General Services Administration 2023 HOLIDAYS TIME CARD CERTIFICATION CHECK PAY DATES EFT PAY DATES PAY PERIOD END DATES QTR 1ST QTR26 ENDS 2ND QTR99 )5hs word/footer2.xmln0@ xb h@[Cmv,I"aq1-1p"8oW`\4i 5gouispK~l>iCxGnF*l0b,U^LLU|pEe^O?j{4f PK ! This section provides a benefit to certain Federal civilian employees who are (1) absent from employment with the Federal Government because they are ordered to perform active duty in the uniformed services under a provision of law specifically referenced in 10 U.S.C. The table below provides the biweekly and annual premium pay caps for 2022 by locality pay area. 6323(b). WebWeeks in Pay Period 5 Monthly Pay Date July 20, 2023. The amount of the reservist differential depends solely on the amount of civilian basic pay, while the payment for military leave may reflect additional types of civilian pay. $87.93 x 80 = $7,034.40. The new pay rates became effective January 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). The https:// ensures that you are connecting to the official These caps become effective as of the first day of the first pay period beginning on or after January 1, 2016. The reservist differential is not payable for periods during which the employee is receiving civilian basic pay for performing work or using civilian paid leave or other paid time off. 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. (Just click Make a copy to get your own version. Only "basic pay" as defined in OPM guidance is considered. ), If you want to make payroll processing even easier, check out Hourly. The payroll platform automatically calculates wages and pays your workers, and takes care of your payroll taxescutting down on the time, energy, and resources needed to run payroll.. trailer EpD-1+48cYU8kv_\ Lb.JT9_lqMH5q'~#{~hW =F{kZb'w,r+o;!5@;FHw)n\Wc{R@0Ta>\~91K }^K}/Pu.-u5{f9jk>gr-b7Mg For example, in Atlanta, GA, the GS-15, step 10, annual locality rate of $176,300 divided by 2,087 hours yields an hourly rate of $84.48 and a biweekly rate of $6,758.40 ($84.48 x 80 hours). Similarly, the Executive Schedule Level V annual rate of $151,700 divided by 2,087 hours yields an hourly rate of $72.69 and a biweekly rate of $5,815.20 ($72.69 x 80 hours). Under 5 U.S.C. 0000001127 00000 n 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. We will open an initial registration period for a minimum of 14 calendar days each fiscal year. chapter 43 based on such absence. (See NOTE 1.) 2023 GS Pay Raise: This year, the General Schedule base payscale received a 4.1% across-the-board pay raise. A GS-13 Step 3 federal employee would receive an effective raise of $3,552.00 in 2023, from $86,630.00 per year (based on the 2022 GS base table) to $90,182.00 per year. In certain emergency or mission critical situations, an agency may apply an annual premium pay cap instead of a biweekly premium pay cap, subject to the conditions provided in law and regulation. The table below provides the biweekly premium pay caps for 2009 by locality pay area. 0000018323 00000 n General Services Administration 2023 HOLIDAYS TIME CARD CERTIFICATION CHECK PAY DATES EFT PAY DATES PAY PERIOD END DATES QTR 1ST QTR26 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(b) and 5 CFR 550.106-550.107.) Similarly, the EX V annual rate is $172,100, but the corresponding annual premium pay cap based on 26 payments is $171,516.80. 0000051458 00000 n The table below provides the biweekly and annual premium pay caps for 2019 by locality pay area. 0000000948 00000 n That said, a biweekly payroll schedule is one of the most popular options for a reason. Thus, the reservist differential for a pay period will be adjusted to account for any hours of paid time off. 0000041688 00000 n 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. Webpayroll or time and attendance information. Web2023 General Schedule Pay Tables Update The President approved the largest pay raise for federal employees in over twenty years. 5304 and special rates under 5 U.S.C. WebThe General Schedule (GS) payscale is the federal government payscale used to determine the salaries of over 70% of federal civilian employees. If you want to find out when your 27-period year is due, you can speak with a human resources specialist who can look at your previous records and let you know when youll need to add an extra payday to your schedule. 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. Regarding reservist differential will not be counted as part of aggregate compensation in applying the aggregate pay in! By getting paid weekly compensation in applying the aggregate pay limit in U.S.C. 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