January 3, 2016 is a Sunday and the 1st is a Federal holiday. As a result, the first
banking day before the 3rd is December 31, 2015. Therefore, beneficiaries in Payment
Cycle 1 receive a 13th payment in 2015. However, for tax purposes, the check issued December 31 is treated
as if issued in 2016, i.e., the current tax year.