Net Salary Payment Dates for Calendar Year 2023

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Net Salary Payment Dates for Calendar Year 2023

December 22, 2022
Reference Number: NFC-1671635109

Dear Customer:

The schedule below is provided to inform customers of the number of paychecks that will be received in Calendar Year (CY) 2023. The schedule also indicates the dates that the Direct Deposit net salary payment will post to personal bank accounts, and dates when paper paychecks will be mailed each pay period.

The official payment date is the Thursday following payroll weekend. The first business day after payroll processing weekend is the payment date for Direct Deposit and paper check net salary payments. The date on the payments will be the Monday following payroll except when Monday is a holiday, then the payment date is Tuesday.

Net Salary Payment Dates for CY 2023

There will be 26 paychecks reported on the 2023 W-2, with payment dates as listed below:

Pay Period Direct Deposit/Paper Check Mailing
PP 26/2022 Monday, January 9, 2023
PP 01/2023 Monday, January 23, 2023
PP 02/2023 Monday, February 6, 2023
PP 03/2023 Tuesday, February 21, 2023
PP 04/2023 Monday, March 6, 2023
PP 05/2023 Monday, March 20, 2023
PP 06/2023 Monday, April 3, 2023
PP 07/2023 Monday, April 17, 2023
PP 08/2023 Monday, May 1, 2023
PP 09/2023 Monday, May 15, 2023
PP 10/2023 Tuesday, May 30, 2023
PP 11/2023 Monday, June 12, 2023
PP 12/2023 Monday, June 26, 2023
PP 13/2023 Monday, July 10, 2023
PP 14/2023 Monday, July 24, 2023
PP 15/2023 Monday, August 7, 2023
PP 16/2023 Monday, August 21, 2023
PP 17/2023 Tuesday, September 5, 2023
PP 18/2023 Monday, September 18, 2023
PP 19/2023 Monday, October 2, 2023
PP 20/2023 Monday, October 16, 2023
PP 21/2023 Monday, October 30, 2023
PP 22/2023 Monday, November 13, 2023
PP 23/2023 Monday, November 27, 2023
PP 24/2023 Monday, December 11, 2023
PP 25/2023 Tuesday, December 26, 2023

NOTE: Some financial institutions may credit Direct Deposit funds to personal bank accounts prior to the above payment date. When this occurs, the bank will process the net salary payment as “pending” or “memo posting” transactions with an effective date as Monday or Tuesday (if Monday is a federal holiday). This earlier posting to personal bank accounts is a courtesy by some financial institutions, not all.

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 payment date.

Authorized Agency representatives with questions concerning this notification should contact the NFC Contact Center at 1-855-632-4468 or the ServiceNow Customer Service Portal at: