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Direct Deposit of First Pay Check of New Year is January 2, 2020

Date: December 20, 2019

Consistent with the provisions of Section 3.BB.1., direct deposit funds for January 1st will be available the first day after the holiday, that is, Thursday, January 2, 2019.  This is the one exception where the company is not required to have these funds available to us prior to the actual pay date. Doing so would place the January 1 paycheck as income into the previous calendar year for all tax purposes.

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