University of Colorado employees who are paid monthly will receive their June paycheck on Friday, July 1. There is no change for employees who are paid biweekly.
CU employees have been paid in this manner since 2003, when Gov. Bill Owens signed into law Senate Bill 03-197, which delayed all monthly paid state employees’ June pay to the first business day in July. The change eliminated one of the state’s 12 monthly pay cycles during fiscal year 2002-03, saving the state $90 million in general fund expenditures, according to the Colorado Office of State Planning and Budgeting.