27 shell out-periods this year, how does that do the job?
I’ve been through this once before but cannot recall how it works. Is it no head out accrual but also no deductions for benefits?
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Not that it matters but 2 Friday the 13th this year as well.
3 - also Nov
There’s usually multiple Friday the 13th’s a year but this year they were back to back months which is rare
Basically for that extra 27th check you get a premium holiday for your health, dental, vision, and life insurance. so none of those get taken out because they calculate those premiums assuming 26 pay periods a year. Taxes still come out of course, and you still accrue your no...
I agree. My benefits division actually sent me a form letter explaining this a few years ago after I called questioning why certain deductions (medial, etc.) weren’t taken out. They basically said this happens once every 4 years I believe. Therefore, most people don’t even cat...
Kind of unrelated, but if you do a percentage and the percentage adds up to greater than the limit, what happens once you get to the limit?
There was no reason to tell us you switched to a Roth
It’s like a leap year in the pay period calendar. It happens every few years. 26, 14-day pay periods only comes to 364. If a pay period starts in a calendar year it counts in that leave year. Sometimes there are 27.
So, there are 2087.1 hours in a work year. that means that there are 7.1 hours more than the standard 26-hour pay period. that means on average it happens about every 11.27 years. However, I thought that 27 pay periods actually happened in 2023, when the year went from Janu...
Little known fact...you actually get paid less than your stated salary every year there are 26 pay periods and the 27 pay period years catch you up. Google OPM 2087 and it states they calculate hourly rate based on 2087 and typically that's calculated based on 2080 hours.
So the ultimate retirement maximizing strategy is to retire on 31 December of years with 27 pay periods.
What agency do you work for? There are only 26 federal pay periods per the NFC calendars.
You are correct - NFC has a different pay calendar and only has 26 pay checks (different than pay periods) in 2026. DFAS processes checks according to the GSA calendar, so we started 2026 off with a paycheck on 1/2 and end 2026 with a paycheck on 12/31. https://www.gsa.gov/b...
I'm not getting paid anyway so doesn't matter I guess.
Same here. I can't stand it anymore!
You guys are getting paid? 🤣
Same gross pay every two weeks, same basic deductions. Tax withholdings may be higher because the standard deduction is spread over more paychecks. If you are trying to maximize TSP or HSA contributions, you must take care to have the right amount withheld in light of the extr...
We had it last year
I think you mean 27 pay dates this year, there are only 26 pay periods.
Thanks - i thought i had done all my research and math and it was only 26pp -so thanks for lessening my feeling of insanity!
When’s backpay
The earner gets to keep the extra paycheck to do as he/she pleases.
Benefits are always deducted. There’s never been a “free” check in federal service.