Semi-Monthly Pay Schedule 2027

24 paydays, two a month. On the 15th-and-last-day schedule, eight 2027 paydays move to the Friday before: six for weekends and two for bank holidays. Monday, February 15 is Presidents Day and Monday, May 31 is Memorial Day, so those checks come on Friday, February 12 and Friday, May 28. Paid on the business day after instead, five month-end checks (January, February, May, July and October) slide into the next month: January, May, July and October get one payday, and March, June, August and November get three.

Paydays If a payday is a weekend or bank holiday

24 paydays in 2027

Every month has two paydays.

#	Payday	Note
1	Fri, Jan 15, 2027
2	Fri, Jan 29, 2027	moved from Sun, Jan 31, 2027 (weekend)
3	Fri, Feb 12, 2027	moved from Mon, Feb 15, 2027 (bank holiday)
4	Fri, Feb 26, 2027	moved from Sun, Feb 28, 2027 (weekend)
5	Mon, Mar 15, 2027
6	Wed, Mar 31, 2027
7	Thu, Apr 15, 2027
8	Fri, Apr 30, 2027
9	Fri, May 14, 2027	moved from Sat, May 15, 2027 (weekend)
10	Fri, May 28, 2027	moved from Mon, May 31, 2027 (bank holiday)
11	Tue, Jun 15, 2027
12	Wed, Jun 30, 2027
13	Thu, Jul 15, 2027
14	Fri, Jul 30, 2027	moved from Sat, Jul 31, 2027 (weekend)
15	Fri, Aug 13, 2027	moved from Sun, Aug 15, 2027 (weekend)
16	Tue, Aug 31, 2027
17	Wed, Sep 15, 2027
18	Thu, Sep 30, 2027
19	Fri, Oct 15, 2027
20	Fri, Oct 29, 2027	moved from Sun, Oct 31, 2027 (weekend)
21	Mon, Nov 15, 2027
22	Tue, Nov 30, 2027
23	Wed, Dec 15, 2027
24	Fri, Dec 31, 2027

Bank holidays follow the Federal Reserve calendar, the one direct deposit settles on. Last updated: October 2026.

Every 2027 move on the 15th and last day

Each scheduled payday that can't settle, and where it lands under each rule.

2027: all 8 moves when paid early. On the 2027 15th-and-last-day schedule, all eight closed-day paydays move to the Friday before, including February 15 to February 12 and May 31 to May 28. All months retain two paydays. — On the 2027 15th-and-last-day schedule, all eight closed-day paydays move to the Friday before, including February 15 to February 12 and May 31 to May 28. All months retain two paydays.

Scheduled	Why	Paid the day before	Paid the day after
Sun, Jan 31	Weekend	Fri, Jan 29	Mon, Feb 1
Mon, Feb 15	Bank holiday	Fri, Feb 12	Tue, Feb 16
Sun, Feb 28	Weekend	Fri, Feb 26	Mon, Mar 1
Sat, May 15	Weekend	Fri, May 14	Mon, May 17
Mon, May 31	Bank holiday	Fri, May 28	Tue, Jun 1
Sat, Jul 31	Weekend	Fri, Jul 30	Mon, Aug 2
Sun, Aug 15	Weekend	Fri, Aug 13	Mon, Aug 16
Sun, Oct 31	Weekend	Fri, Oct 29	Mon, Nov 1

Paid early, every check stays in its own month. Paid late, five month-end checks cross into the next month: Sunday, January 31; Sunday, February 28; Monday, May 31 (Memorial Day); Saturday, July 31 and Sunday, October 31 land in February, March, June, August and November.

2027: 5 month-end checks cross over. On the 2027 15th-and-last-day schedule paid after, January 31 goes to February 1, February 28 to March 1, May 31 to June 1, July 31 to August 2 and October 31 to November 1. These are five month-end checks. — On the 2027 15th-and-last-day schedule paid after, January 31 goes to February 1, February 28 to March 1, May 31 to June 1, July 31 to August 2 and October 31 to November 1. These are five month-end checks.

Every 2027 move on the 1st and 15th

Scheduled	Why	Paid the day before	Paid the day after
Fri, Jan 1	Bank holiday	Thu, Dec 31, 2026	Mon, Jan 4
Mon, Feb 15	Bank holiday	Fri, Feb 12	Tue, Feb 16
Sat, May 1	Weekend	Fri, Apr 30	Mon, May 3
Sat, May 15	Weekend	Fri, May 14	Mon, May 17
Sun, Aug 1	Weekend	Fri, Jul 30	Mon, Aug 2
Sun, Aug 15	Weekend	Fri, Aug 13	Mon, Aug 16
Sat, Jan 1, 2028	Weekend	Fri, Dec 31	Mon, Jan 3, 2028

This schedule meets New Year's Day at both ends. Its January 1, 2027 check, paid early, lands on December 31, 2026, in last year; its January 1, 2028 check, a Saturday, is paid on Friday, December 31, 2027. One leaves, one arrives, and 2027 still has 24. Paid late, both stay in their own January and nothing crosses.

2027: every 1st + 15th move. Every 2027 adjustment on the 1st-and-15th schedule, under both employer rules. February 15 moves to February 12 or February 16. Paying early moves the opening January check outside 2027 and pulls the next January check into December 31, 2027; the annual total stays 24. — Every 2027 adjustment on the 1st-and-15th schedule, under both employer rules. February 15 moves to February 12 or February 16. Paying early moves the opening January check outside 2027 and pulls the next January check into December 31, 2027; the annual total stays 24.

Months with one or three paydays

Schedule and rule	One payday	Three paydays
15th and last, paid before	None	None
15th and last, paid after	Jan, May, Jul, Oct	Mar, Jun, Aug, Nov
1st and 15th, paid before	Jan, May, Aug	Apr, Jul, Dec
1st and 15th, paid after	None	None

If you budget by the month, the rule your employer uses matters more than the schedule. The same 24 checks can arrive two a month all year, or bunch into four three-check months.

2027: months with 1 or 3 paydays. In 2027, the 15th-and-last schedule paid after has one payday in Jan, May, Jul and Oct and three in Mar, Jun, Aug and Nov. The 1st-and-15th schedule paid before has one in Jan, May and Aug and three in Apr, Jul and Dec. The other two policies keep two paydays every month. — In 2027, the 15th-and-last schedule paid after has one payday in Jan, May, Jul and Oct and three in Mar, Jun, Aug and Nov. The 1st-and-15th schedule paid before has one in Jan, May and Aug and three in Apr, Jul and Dec. The other two policies keep two paydays every month.

December 31, 2027 stays a payday

New Year's Day 2028 falls on a Saturday, so federal offices close on Friday, December 31, 2027. The Federal Reserve Banks don't: the Federal Reserve's K.8 holiday list says they "are open, but the Board of Governors is closed on … December 31, 2027." Direct deposits settle that day, and the last check of the 15th-and-last schedule isn't moved. The 2026 version of this page is the semi-monthly pay schedule 2026; paid every other week instead, see the biweekly pay schedule 2027.

2027: Dec 31 has two payroll roles. December 31, 2027 stays a regular payday on the 15th-and-last-day schedule under either rule. On the 1st-and-15th schedule paid early, it instead receives the next January check, giving December three actual paydays; paid after, December has two. — December 31, 2027 stays a regular payday on the 15th-and-last-day schedule under either rule. On the 1st-and-15th schedule paid early, it instead receives the next January check, giving December three actual paydays; paid after, December has two.

Questions

How many semi-monthly paydays are in 2027?

24, on either schedule and under either rule.

Is February 15, 2027 a payday?

It's scheduled as one on both common schedules, but it is Presidents Day and the Federal Reserve is closed. The check comes on Friday, February 12 or Tuesday, February 16.

What happens to the May 31, 2027 payday?

May 31 is Memorial Day. Paid early it lands on Friday, May 28; paid late, on Tuesday, June 1.

When is the first payday of 2027 on the 1st and 15th?

Monday, January 4 if your employer pays after holidays. If it pays before, the January 1 check went out on December 31, 2026, and the first 2027 payday is Friday, January 15.

What if I'm paid once a month?

See the monthly pay schedule 2027: 12 paydays, and which month each one lands in.

Which way a payday moves when it lands on a holiday or weekend, by employer and pay frequency, is on pay schedule.

What each check comes to, on a salary or by the hour, is on semi-monthly paycheck.

Paydays are computed in your browser from the two days of the month you choose, using the Federal Reserve holiday schedule (Federal Reserve Board K.8, 2026–2030) and U.S. federal holidays in 5 U.S.C. 6103. A payday set for the 29th, 30th or 31st falls on the last day of shorter months. Your employer's written payroll policy decides which way a payday moves.