TA 17-02, Net Salary Payment Date Changes for Calendar Year 2018
Published: November, 27, 2017
Effective: Pay Period 25, 2017
Summary
National Finance Center (NFC) customers are being reminded of changes to the net salary payment dates for calendar year 2018.
Implementation
The first business day after payroll processing weekend is the official payment date for direct deposit and paper check net salary payments. Generally, net salary payments are processed with Monday's date. However, when a Federal holiday falls on payroll Monday, these payments are processed with Tuesday's date. The table below reflects the pay periods impacted by this change in calendar year 2018.
Pay Period |
Revised Direct Deposit/Paper Check Date |
Reason for Change(s) |
PP25/2017 |
Tuesday, January 2, 2018 |
Due to the New Year's Day holiday occurring on Monday, January 1, 2018. |
PP26/2017 |
Tuesday, January 16, 2018 |
Due to Martin Luther King, Jr. Day holiday occurring on Monday, January 15, 2018. |
PP19/2018 |
Tuesday, October 9, 2018 |
Due to the Columbus Day holiday occurring on Monday, October 8, 2018. |
By regulation, financial institutions are not obligated to post funds earlier than the official payment date. NFC customers should not rely on their financial institution providing an earlier "memo posting" of their net salary payment prior to the above official payment date.
Inquiries
For questions about NFC processing, authorized Servicing Personnel Office representatives should contact the NFC Contact Center at
or via the customer service portal.