Category:
Pay & Allowances

Subcategory:
Allotments

Created:
2005-12-12

Modified:
2005-12-12

Allotment Disbursing Schedule

Question

How often are my allotments paid out and when?

Answer

Your allotment is evenly divided between your semimonthly paychecks. For example, if you have an allotment of $100 it will reduce your take-home pay on the 1st and 15th by $50.

Even though both your mid-month and end of month pay are reduced by half the allotted amount, the actual allotment is only disbursed once a month on the 1st. For example, the money that is collected from your pay on the 15th will not be disbursed on the 15th, but only after the full amount has been collected.

Current Viewer Rating for this FAQ 3.5 out of 5

Provide your input by Rating this FAQ - 5 is the best possible rating.