Semi-Monthly Payroll Schedule

Compare: 2027 Biweekly Calendar →

Semi-Monthly Pay Period Calendar 2027

Official 2027 schedule for semi-monthly payroll (24 pay periods). Review standard 1st and 15th paydates, weekend roll-backs to Friday, and federal banking holiday adjustments.

2027 Semi-Monthly Payroll Summary

Total Periods:

24 Pay Periods (Fixed)

Monthly Frequency:

Exactly 2 per Month

Standard Alignment:

1st – 15th & 16th – End

Weekend Rule:

Preceding Friday Rollback

Complete 2027 Semi-Monthly Pay Schedule

Table showing all 24 periods for a standard 1st–15th / 16th–month-end cycle with actual observed banking paydays (weekend paydays roll back to preceding Friday).

Showing all 24 periods for 2027 with Friday bank rollbacks.

#Pay Period RangeNominal PaydayObserved Bank Payday (Friday Rollback)
1Jan 1 – Jan 15Jan 15, 2027 (Fri)Jan 15, 2027 (Fri)
2Jan 16 – Jan 31Feb 1, 2027 (Mon)Feb 1, 2027 (Mon)
3Feb 1 – Feb 15Feb 15, 2027 (Presidents Day)Feb 12, 2027 (Fri)
4Feb 16 – Feb 28Mar 1, 2027 (Mon)Mar 1, 2027 (Mon)
5Mar 1 – Mar 15Mar 15, 2027 (Mon)Mar 15, 2027 (Mon)
6Mar 16 – Mar 31Apr 1, 2027 (Thu)Apr 1, 2027 (Thu)
7Apr 1 – Apr 15Apr 15, 2027 (Thu)Apr 15, 2027 (Thu)
8Apr 16 – Apr 30May 1, 2027 (Sat)Apr 30, 2027 (Fri)
9May 1 – May 15May 15, 2027 (Sat)May 14, 2027 (Fri)
10May 16 – May 31Jun 1, 2027 (Tue)Jun 1, 2027 (Tue)
11Jun 1 – Jun 15Jun 15, 2027 (Tue)Jun 15, 2027 (Tue)
12Jun 16 – Jun 30Jul 1, 2027 (Thu)Jul 1, 2027 (Thu)
13Jul 1 – Jul 15Jul 15, 2027 (Thu)Jul 15, 2027 (Thu)
14Jul 16 – Jul 31Aug 1, 2027 (Sun)Jul 30, 2027 (Fri)
15Aug 1 – Aug 15Aug 15, 2027 (Sun)Aug 13, 2027 (Fri)
16Aug 16 – Aug 31Sep 1, 2027 (Wed)Sep 1, 2027 (Wed)
17Sep 1 – Sep 15Sep 15, 2027 (Wed)Sep 15, 2027 (Wed)
18Sep 16 – Sep 30Oct 1, 2027 (Fri)Oct 1, 2027 (Fri)
19Oct 1 – Oct 15Oct 15, 2027 (Fri)Oct 15, 2027 (Fri)
20Oct 16 – Oct 31Nov 1, 2027 (Mon)Nov 1, 2027 (Mon)
21Nov 1 – Nov 15Nov 15, 2027 (Mon)Nov 15, 2027 (Mon)
22Nov 16 – Nov 30Dec 1, 2027 (Wed)Dec 1, 2027 (Wed)
23Dec 1 – Dec 15Dec 15, 2027 (Wed)Dec 15, 2027 (Wed)
24Dec 16 – Dec 31Jan 1, 2028 (Sat, New Year)Dec 31, 2027 (Fri)

Frequently asked questions

How many pay periods are in a semi-monthly payroll in 2027?
A semi-monthly payroll schedule always contains exactly 24 pay periods per calendar year (2 pay periods per month × 12 months), regardless of leap years or day-of-week alignment.
What is the difference between biweekly and semi-monthly?
Biweekly payroll occurs every two weeks (every 14 days), producing 26 paychecks per year (or 27 in select years). Semi-monthly payroll occurs twice per month on specific dates (such as the 1st and 15th, or the 15th and the last day of the month), producing exactly 24 paychecks every year.
What happens if a semi-monthly payday falls on a weekend or federal holiday?
Under standard payroll banking rules, if a scheduled payday falls on a Saturday, Sunday, or Federal Reserve banking holiday, funds are typically disbursed on the preceding business day (usually Friday).
Can I export this 2027 semi-monthly calendar?
Yes. You can click 'Copy table' above to copy all 24 periods directly to your clipboard for Excel and Google Sheets, or click 'Download CSV' to save a spreadsheet file. For custom recurring ICS feeds and dynamic date offsets, use our Biweekly or Weekly Pay Period generators.