If the Start date of the Plan Year is 1/1/2018; first cut-off date lying in the Plan Year will be considered as the 1st cutoff date of the plan Year with corresponding 1st paycheck date. So, for the calendar shown with frequency Bi-Weekly, 1st Pay Date= 1/19/2018 (Friday); 1st Cut Off Date= 1/11/2018 (8), then if any change happens on:
- 1/2/2018, will be considered in 1st cut-off date 1/11/2018. So, Balance pay period as per cut off days=26-0=26.
- 1/12/2018, will be considered in 2nd cut-off date 1/25/2018. So, Balance pay period as per cut off days=26-1=25.
- 26/12/2018, will be considered in 26th cut-off date 1/25/2018. So, Balance pay period as per cut off days=26-25=1.