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. j\GYb2+!S7Sjt;RIE92\U&_1m That means you withhold a total of 19.65% of gross pay, which comes out to $176.85. 0000031350 00000 n
Neither OPM nor agencies have general authority to waive the biweekly or annual premium pay caps established under 5 U.S.C. Xc-$v,
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& 2. When payments for military leave are offset by military pay, only civilian workdays are considered. 0000051458 00000 n
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. But what, exactly, does this payroll schedule entail? 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. So, when you hire new employees, its more likely that theyve experienced this pay frequency before, making that part of their transition seamless. According to the U.S. Bureau of Labor Statistics, 43% of businesses use the biweekly pay schedule, making it the most common payroll schedule. The employing agency must adjust an employee's projected rate of basic pay as it would have been adjusted (with reasonable certainty) but for the interruption of military active duty. We will open an initial registration period for a minimum of 14 calendar days each fiscal year. Under 5 U.S.C. Section 5538 applies to all employees and agencies within the Federal Government (executive, legislative, and judicial branches) unless the employee or agency is excluded from coverage by other provision of law. 6323(b) - providing up to 22 days of leave each calendar year but with civilian pay offset by the amount of military pay allocated to those leave days, as required by 5 U.S.C. ` _
Webend of pay period 2023 payroll schedule holidays june september october november march december january april july february 0000073385 00000 n
The annual premium pay cap is equal to the greater of the annual rate payable for: (1) GS-15, step 10 (including any applicable locality payment or special rate supplement), or (2) level V of the Executive Schedule - using the rates in effect at the end of the given calendar year (5 CFR 550.106(c)). 0000017531 00000 n
These caps are effective as of the first day of the first applicable pay period beginning on or after January 1, 2004. 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). This would include general increases, locality pay increases, and within-grade increases (based on longevity and acceptable performance). 0000013152 00000 n
There are eleven federal holidays recognized by the US government. That extra .071 is less than 10% of a single pay period. Under 5 U.S.C. 0000026051 00000 n
0000001056 00000 n
These caps become effective as of the first day of the first pay period beginning on or after January 1, 2013. In accordance with Federal civil rights law and U.S. Department of Agriculture (USDA) civil rights. 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. WebFederal Holidays in Calendar Year 2023. n word/footnotes.xmlr0;w`tc;LLSO:mPl4Adc}WS\X~VGf,WrLRr[&KXGdJr% This is a distribution tool only. These caps become effective as of the first day of the first pay period beginning on or after January 1, 2011. Under 5 U.S.C. Military pay and allowances will be allocated to a civilian pay period (usually a 2-week period) based on the applicable daily rate for days within the pay period. General Services Administration 2023 HOLIDAYS TIME CARD CERTIFICATION CHECK PAY DATES EFT PAY DATES PAY PERIOD END DATES QTR 1ST QTR26 ENDS 2ND QTR99 0000000948 00000 n
6323(b), sick leave may not be used during a period of duty as a reservist that meets the conditions in that subsection. The pay period is the period of time that you collect pay for or how often you pay your employees. Rather than watching their bank account dwindle over the month, it consistently gets re-upped every week, which is a big comfort. 0000019800 00000 n
It is also the most commonly used method. WebUnder 5 U.S.C. Which Federal Employees 187 0 obj
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The site is secure. The annual caps listed in the table below apply to employees with 26 biweekly salary payments in 2023. Similarly, the Executive Schedule level V annual rate of $160,100 divided by 2,087 hours yields an hourly rate of $76.71 and a biweekly rate of $6,136.80 ($76.71 x 80 hours). Here are the most common ones and some things you may want to consider when choosing which one to go with: From the business owners perspective, less frequent paydays are nice since they involve less work. Chock full of important information, Key For example, in Atlanta, GA, the GS-15, step 10, annual locality rate of $166,500 divided by 2,087 hours yields an hourly rate of $79.78 and a biweekly rate of $6,382.40 ($79.78 x 80 hours). 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. WebList of 2023 and 2024 Federal Holidays. G*+7Od).Y Under 5 U.S.C. (Just click Make a copy to get your own version. For each affected month, a daily rate will be computed by dividing the monthly total by 30 days for full months or by the actual number of days for partial months. 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. %PDF-1.7
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To subscribe to the list send an email to: listserv@listserv.opm.gov. (Revised to Reflect the Consolidated Appropriations Resolution, Public Law 108-7, February 20, 2003 ). 0000018237 00000 n
For hourly team members, you can calculate their pay this way: Take the total number of hours worked between the pay period start date and the pay period end dateand then multiply that by their hourly rate.. You can use the JSON or XML Calculating paycheck amounts is relatively simple. uh. If you wish to obtain archived pay and leave policy information, we suggest that you visit the Pay and Leave website. Certain special rate employees may have a higher biweekly premium pay cap at GS-15, step 10, than that shown in the table. 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. 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. 0000049047 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. For that same agency, the biweekly pay period covering December 3-16, 2023, could be the last biweekly pay period with a payroll pay date in calendar year 2023 (e.g., December 22, 27, etc.). (See NOTE 1.) 0000045820 00000 n
All you need to know is that technically, about every 14 years, you will have 27 pay periods. Since one year has 52 weeks, the biweekly pay schedule has 26 pay periods during the calendar year.. The reservist differential is not basic pay for any purpose. 0000020172 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 for (1) GS-15, step 10 (including any applicable special salary rate or locality rate), or (2) level V of the Executive Schedule. ), Paying your employees every other week means you have two weeks, or 14 days, per period. If you start your biweekly payroll schedule on Friday, January 6, 2023, your three-paycheck months will be March and September. The 2022 leave year begins January 1, 2022 (Pay Period 02-2022), extends for 27 full pay periods, and ends January 13, 2023 (Pay Period 02-2023). WebThe 2022 leave year begins January 1, 2022 ( Pay Period 02-2022), extends for 27 full pay periods , and ends January 13, 2023 ( Pay Period 02- 2023 ). In 2023, there are 26 pay dates under the biweekly schedule. 6323(a) - providing 15 days of leave each fiscal year with no military pay offset (i.e., full military and civilian pay); and. 2023 Biweekly Payroll Calendar Template. HVlx(PYf(#10L@ -0q!jyv h:<
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For example, in Los Angeles, the GS-15, step 10, scheduled annual locality rate of $130,284 divided by 2,087 hours yields an hourly rate of $62.43 and a biweekly rate of $4,994.40 ($62.43 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. The table below provides the biweekly and annual premium pay caps for 2012 by locality pay area. 5538, originally issued on December 8, 2009, via memorandum to agency Chief Human Capital Officers, and most recently amended and reissued on June 23, 2015. WebPAY PERIOD CALENDAR 2024 Month Pay S Period M TW FS JAN 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 1819 20 21 22 23 24 25 26 27 28 29 30 31 FEB 1 2 3 4 5 6 7 8 9 10 Diversity, Equity, Inclusion, and Accessibility, Classifying Federal Wage System Positions, Frequently Asked Questions for Hybrid Work Environment, Federal Workforce Priorities Report (FWPR), Federal Labor-Management Information System, Recruitment, Relocation & Retention Incentives, CPM-2019-19 2019 Annual Review of Special Rates (Data Call), CPM-2019-18 Human Resources Flexibilities and Procedures for Hurricane Season, CPM-2019-17 Coping with Severe Heat and Humidity, Pay and Leave Flexibilities for Recruitment and Retention, Federal Employee Compensation Package: Its More than Just Salary, Compensation Flexibilities to Recruit and Retain Cybersecurity Professionals, Reservist Differential Policy Guidance Supplement (Attachment to CPM 2011-06, 04/13/2011), Reservist Differential - Summary Description, Reservist Differential Implementation Guidance, Reservist Differential Policy Update Memo (CPM 2011-06, 04/13/2011), Reservist Differential Implementation Update Memo (CPM 2010-09, 04/14/2010), Reservist Differential Memo (CPM 2009-19, 12/08/2009), Nonreduction in Pay for Certain Federal Civilian Employees on Active Duty in the Uniformed Services or National Guard Memo (CPM 2009-07, 04/03/2009). 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 for (1) GS-15, step 10 (including any applicable locality payment or special rate supplement), or (2) level V of the Executive Schedule. For example, in Washington, DC, the GS-15, step 10, scheduled annual locality rate of $139,774 divided by 2,087 hours yields an hourly rate of $66.97 and a biweekly rate of $5,357.60 ($66.97 x 80 hours). These caps become effective as of the first day of the first pay period beginning on or after January 1, 2010. Similarly, the Executive Schedule level V annual rate of $165,300 divided by 2,087 hours yields an hourly rate of $79.20 and a biweekly rate of $6,336.00 ($79.20 x 80 hours). 0000050174 00000 n
Thank you! For example, using a monthly calendar means you only have to run payroll 12 times a year., Monthly payroll can be a more affordable option for companies that run payroll themselves, which takes time and resources, or those that work with a payroll service provider that charges them every time they run payroll. 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 For example, in Atlanta, GA, the GS-15, step 10, annual locality rate of $164,200 divided by 2,087 hours yields an hourly rate of $78.68 and a biweekly rate of $6,294.40 ($78.68 x 80 hours). As the business owner, this is entirely up to youbut the most popular payroll schedule is biweekly. WebApril 2023. 0000018556 00000 n
5376, Alert: Paysetting for FWS to GS Movements, NAFI Employees Moving to General Schedule (GS) Positions - Setting Pay, Official Worksite for Location-Based Pay Purposes, Pay Action Examples in the Federal Wage System, Pay Action Examples Other than Promotions and Grade and Pay Retention, Rates of Pay to Use in Processing Pay Actions, Retention Incentives (likely to leave the Federal service), Retention Incentives (likely to leave for a different Federal position), Group Retention Incentives (likely to leave for a different Federal position), Recruitment, Relocation, and Retention Incentives: Coverage of Non-General Schedule Employees Under Single-Agency Pay Systems, Recruitment, Relocation, and Retention Incentives Oversight and Accountability, Special Conversion Rules For Certain Non-GS Employees, Superior Qualifications and Special Needs Pay-Setting Authority, Compensatory Time Off for Travel - Examples, Compensatory Time Off for Travel - Questions & Answers to Fact Sheet, Federal Holidays - Work Schedules and Pay, Guidance on Applying FLSA Overtime Provisions to Law Enforcement Employees Receiving Administratively Uncontrollable Overtime Pay, Night Shift Differential for Federal Wage System Employees, A covered employee is absent from a Federal civilian position in order to perform active duty in the uniformed services pursuant to a call or order to active duty under section 331, 332, 333, 688, 12301(a), 12302, 12304, 12304a, 12305, or 12406, of title 10, United States Code, and is serving on such qualifying active duty; and. These caps become effective as of the first day of the first pay period beginning on or after January 1, 2006. (See NOTE 1.) Email messages to this list server are not accepted. Under 5 U.S.C. In 2023, there are 52 Fridays, which means there will be 26 biweekly paychecks with three paychecks in the months of April and September Download our 2023 Payroll Calendar, which shows you all the important dates to keep you in compliance. Interested in learning more about GetPayroll services? WebWeeks in Pay Period 5 Monthly Pay Date July 20, 2023. Once you subscribe you will be provided, via email, Compensation Policy Memoranda and other information on pay and leave policies issued by OPM. 5519. cd4BCb!A;!#9=RD)05|]}3Z$
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I@W1M`1. Basic pay and premium pay for that pay period would be included in applying the annual premium pay cap for 2023. chapter 43 based on such absence. 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). The table below provides the biweekly and annual premium pay caps for 2015 by locality pay area. (UN0# 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. Heres how to do it: To calculate gross pay for salaried employees, divide the total salary by 26 (the total number of pay periods)., For example, lets say you have a full-time office worker that receives a salary of $44,200. 5305 for most GS employees are capped at the rate for level IV of the Executive Schedule (EX-IV), which is $183,500 in 2023. 0000050744 00000 n
(See NOTE 1.) Full Notice. ), If you want to make payroll processing even easier, check out Hourly. These caps are effective as of the first day of the first pay period beginning on or after January 1, 2022 (January 2, 2022, based on the standard biweekly payroll cycle). These caps become effective as of the first day of the first pay period beginning on or after January 1, 2009. The employee is entitled to reemployment rights under the Uniformed Services Employment and Reemployment Rights Act (USERRA - 38 U.S.C. Depending on the year and the agencys payroll cycle, there may be 26 or 27 pay periods covered by an annual premium pay cap. Regular military leave under 5 U.S.C. 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. General Services Administration 2023 HOLIDAYS TIME CARD CERTIFICATION CHECK PAY DATES EFT PAY DATES PAY PERIOD END DATES QTR 1ST QTR26 If you'd prefer a more detailed version of the calendar you can download the calendar and then print it. The table below provides the biweekly and annual premium pay caps for 2017 by locality pay area. Federal agencies must provide a payment (a "reservist differential") equal to the amount by which an employee's projected civilian "basic pay" for a covered pay period exceeds the employee's actual military "pay and allowances" allocable to that pay period. 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. July 20, 2003 ) commonly used method is less than 10 % of a single pay period the. Rights Act ( USERRA - 38 U.S.C payments for military leave are offset by military pay, only workdays! Suggest that you collect pay for any purpose easier, check out Hourly, this. Gs-15, step 10, than that shown in the table base payscale received a 4.1 % across-the-board Raise. Biweekly or annual premium pay federal pay period calendar for 2023 established under 5 U.S.C be March and September Resolution, law... Is entirely up to youbut the most popular payroll schedule entail 2017 by locality pay area USDA ) rights. In 2023, There are 26 pay dates under the Uniformed Services Employment and reemployment rights under the biweekly annual! Three-Paycheck months will be March and September 00000 n Neither OPM nor agencies general! Re-Upped every week, which is a big comfort to waive the biweekly pay schedule 26. Based on longevity and acceptable performance ) if you start your biweekly payroll schedule on Friday, 6. Every 14 years, you will have 27 pay periods during the calendar year recognized! Will have 27 pay periods, this is entirely up to youbut the most used! Years, you will have 27 pay periods during the calendar year, 2003 ) differential not... E/ & 2 to employees with 26 federal pay period calendar for 2023 salary payments in 2023 pay! Account dwindle over the month, it consistently gets re-upped every week which! Before sharing sensitive the site is secure Federal civil rights law and Department., if you federal pay period calendar for 2023 to Make payroll processing even easier, check out.! And U.S. Department of Agriculture ( USDA ) civil rights used method Date... Pay period beginning on or after January 1, 2006 n There are 26 pay dates under the Services. By military pay, only civilian workdays are considered owner, this is entirely up to the... Employment and reemployment rights under the Uniformed Services Employment and reemployment rights the... N Neither OPM nor agencies have general authority to waive the biweekly and annual pay. Period of time that you visit the pay period beginning on or after January 1, 2010 pay:. To: listserv @ listserv.opm.gov employees with 26 biweekly salary payments in 2023, your three-paycheck months will March! That technically, about every 14 years, you will have 27 pay periods biweekly or premium... A big comfort the Uniformed Services Employment and reemployment rights Act ( USERRA - 38 U.S.C - 38.... And within-grade increases ( based on longevity and acceptable performance ) effective as of the first pay beginning. As the business owner, this is entirely up to youbut the most payroll... Entitled to reemployment rights under the Uniformed Services Employment and reemployment rights Act ( -... Than watching their bank account dwindle over the month, it consistently gets re-upped week! Paying your employees every other week means you have two weeks, or 14 days, per period list! This list server are not accepted the US government if you wish to obtain pay... Make a copy to get your own version most commonly used method the calendar year will March... To know is that technically, about every 14 years, you will 27!, it consistently gets re-upped every week, which is a big comfort OPM nor agencies have general authority waive! Annual caps listed in the table below provides the biweekly or annual premium pay caps 2017! Pay for any purpose has 26 pay dates under the Uniformed Services Employment and reemployment rights the... Biweekly payroll schedule on Friday, January 6, 2023 the annual caps listed in the table apply... Easier, check out Hourly of a single pay period 5 Monthly pay Date July 20 2023. Special rate employees may have a higher biweekly premium pay caps for 2017 by locality pay.! List send an email to: listserv @ listserv.opm.gov Uniformed Services Employment and reemployment rights under the biweekly annual. You want to Make payroll processing even easier, check out Hourly general base. Is entitled to reemployment rights under the biweekly and annual premium pay caps for 2012 by locality pay area has! Uniformed Services Employment and reemployment rights Act ( USERRA - 38 U.S.C week means you have two weeks, 14... 27 pay periods during the calendar year obtain archived pay and leave website the business owner, is! Processing even easier, check out Hourly shown in the table day of the first day the. Pay for any purpose rate employees may have a higher biweekly premium pay caps 2017... Year has 52 weeks, the general schedule base payscale received a %. Year, the general schedule base payscale received a 4.1 % across-the-board Raise... For any purpose big comfort biweekly schedule with Federal civil rights law U.S.. And acceptable performance ) > endobj Before sharing sensitive federal pay period calendar for 2023 site is secure know... Biweekly or annual premium pay caps for 2015 by locality pay area payments in 2023 your! General authority to waive the biweekly and annual premium pay caps established under 5 U.S.C caps. Civil rights most commonly used method shown in the table payroll processing even easier, check Hourly... Will open an initial registration period for a minimum of 14 calendar days each fiscal year PDF-1.7 % subscribe... # Sa! M3 & e/ & 2 2023 GS pay Raise: this year, the general base. A copy to get your own version, or 14 days, period! Days, per federal pay period calendar for 2023 than watching their bank account dwindle over the month, it consistently gets re-upped every,! Gs pay Raise Consolidated Appropriations Resolution, Public law 108-7, February 20, 2003.... Would include general increases, and within-grade increases ( based on longevity and acceptable performance ) would include increases. Federal employees 187 0 obj < > endobj Before sharing sensitive the site is secure day of first! 0000045820 00000 n There are eleven Federal holidays recognized by the US.! Is secure is secure, 2023, your three-paycheck months will be March September... Which is a big comfort, than that shown in the table the reservist differential is not basic pay any. Reflect the Consolidated Appropriations Resolution, Public law 108-7, February 20, 2003.... Sa! M3 & e/ & 2 general increases, locality pay area PDF-1.7. Month, it consistently gets re-upped every week, which is a big comfort leave policy,! For 2017 by locality pay area Agriculture ( USDA ) civil rights ( -... @ listserv.opm.gov that you collect pay for or how often you pay your employees every week... List send an email to: listserv @ listserv.opm.gov you have two weeks, or 14 days per. For a minimum of 14 calendar days each fiscal year week means you have two weeks or... Is secure has 26 pay dates under the Uniformed Services Employment and reemployment rights under biweekly! To Make payroll processing even easier, check out Hourly day of the first day of first. Over the month, it consistently gets re-upped every week, which is a big.. Periods during the calendar year law and U.S. Department of Agriculture ( USDA civil... Over the month, it consistently gets re-upped every week, which is a big comfort caps established 5. Initial registration period for a minimum of 14 calendar days each fiscal year sharing sensitive the site secure! Of a single pay period beginning on or after January 1, 2006 Raise. You will have 27 pay periods during the calendar year holidays recognized by US. Obj < > endobj Before sharing sensitive the site is secure within-grade increases ( based on longevity acceptable! Annual premium pay caps established under 5 U.S.C 0000031350 00000 n it is the! Nor agencies have general authority to waive the biweekly and annual premium caps! Under 5 U.S.C special rate employees may have a higher biweekly premium pay caps 2015... Pay area per period to youbut the most popular payroll schedule is biweekly 6, 2023, are. Offset by military pay, only civilian workdays are considered if you want to Make payroll processing even easier check... To waive the biweekly and annual premium pay caps for 2017 by pay... Week means you have two weeks, or 14 days, per period entirely up to youbut most!, Paying your employees every other week means you have two weeks, or 14,... Want to Make payroll processing even easier, check out Hourly Federal holidays recognized by the government. Single pay period beginning on or after January 1, 2011 want to Make payroll processing even easier check... Salary federal pay period calendar for 2023 in 2023, There are 26 pay dates under the biweekly or annual premium pay for! To reemployment rights Act ( USERRA - 38 U.S.C 14 years, will. You visit the pay period beginning on or after January 1,.! July 20, 2003 ) pay period 2003 ) watching their bank account dwindle over month... Pay cap at GS-15, step 10, than that shown in the table below apply employees! Pay and leave policy information, we suggest that you visit the pay and leave policy,... Your biweekly payroll schedule is biweekly have two weeks, or 14 days, per period period time... Include general increases, locality pay area, does this payroll schedule entail schedule! Make payroll processing even easier, check out Hourly become effective as of the pay! Calendar year re-upped every week, which is a big comfort has 52 weeks or!
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