June pay date shifted back to June

For the first time in 15 years, CSU employees who are paid once a month will receive their June paycheck on the last business day of June, instead of on the first business day of July. June paychecks for salaried employees who are paid monthly will hit personal bank accounts the last business day of June.

The change comes with recent guidance from the state controller’s office that the one-day pay date shift, as required by state statute, no longer applies to institutions of higher education. This allows the university to reestablish a June pay date for employees.

The pay date was shifted in 2003, when legislation (SB 03-197) signed by then Gov. Bill Owens changed the last pay date of the fiscal year, which fell on the last business day of June, to the first business day of July, for budgetary reasons.

This guidance allows the university to return to a consistent pay schedule by switching the June pay date back to the last business day of June, the same as all other monthly pay dates.

Pay dates for employees paid twice a month will not be impacted by the change.

For more information, contact Human Resources at myhr@colostate.edu or (970) 491-MyHR (6947).