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Treasury Changes Timing for Processing Direct Deposits

2024 Calendar Year End Processing - SSA

MEMORANDUM

DATE: Friday, November 15, 2024
TO: Federal Personnel & Payroll System and Finance User Group Representatives
FROM: Christine Zertuche-Rocha, Chief, Payroll Operations Division
SUBJECT: 2024 Calendar Year End Processing - SSA


Please share this information with all appropriate staff. The final pay period (PP) for this year is 2024-26, which ends on December 14, 2024. The Accounting Feeder File for this PP will be available on December 18, 2024.

The PP 2024-99, year-end processing, will occur between December 18-27, 2024. This ensures accurate reporting for the 2024 Form W-2, Wage and Tax Statements. Please note the important information and dates below related to the associated Accounting Feeder File, FPPS Summary Reconciliation Report, and Intra-Governmental Payment and Collection (IPAC) charge:

  • The Accounting Feeder File will be available no later than January 2, 2025.
  • It is uniquely identified by A672024 in the last qualifier of the file name.
  • The FPPS Summary Reconciliation Report will be available in Datamart no later than January 3, 2025.
  • The report should be run for PP 2024-99.
  • The IPAC charge will be processed no later than January 10, 2025.
  • The description will reflect “Total Charge to Appropriation for Pay Period 2024-99 Year End Adjustments.”
  • Please note that PP 2024-99 year-end charges must be included in January processing, along with other bi-weekly payroll charges, to ensure that month’s financial reconciliation.

If you have any questions, contact Adrian Hafner, Branch Chief, Review and Analysis Branch, at Adrian_P_Hafner@ibc.doi.gov or 303-969-7375.

 

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