To explain the 27th paycheck for employees on the Administration cycle for tax year 2002.
Administration payroll cycle employees
Checks dated December 31, 2002
The Administration cycle payday of Wednesday, January 1, 2003 will be paid on Tuesday December 31, 2002 due to the New Year holiday, creating a 27th paycheck. As the check date is in the 2002 calendar year, the applicable wage and tax information will be applied in the employee's 2002 W-2. In year 2003, there will be 26 paychecks.
Notify Administration cycle employees.
Questions regarding this bulletin may be directed to the Payroll Deductions mailbox.