New Holiday

On June 17th, “Juneteenth” became the 11th federal holiday. With June 19th falling on a Saturday this year, Feds got a day off on the 18th.

The first federal holiday to be added since 1983, when Martin Luther King, Jr.’s birthday was commemorated, became official last week. Juneteenth, named by combining June with nineteenth, is also known by some as “emancipation day” because it recognizes an event that occurred at the end of the Civil War. On June 19, 1865, Major General Gordon Granger of the Union Army informed slaves in Galveston, TX of their freedom- more than two years after Lincoln’s emancipation proclamation on January 1, 1863.

The day was first recognized as a state holiday by Texas in 1980. The new federal law that makes the date a federal holiday 41 years later was propelled by the Black Lives Matter movement, which gained momentum across the country last year. Similar movements in the past decades have attempted (unsuccessfully) to make new federally recognized days- such as March 31st becoming Cesar Chavez Day and February 15th becoming Susan B. Anthony (or Women’s Suffrage) Day.

Although the law was signed by the President on Thursday the 17th, OPM still gave “most” federal workers the day off the following day (because the 19th fell on a Saturday.) For employees who had already scheduled leave for that day, OPM announced the leave could not be restored.

Here’s a List of All 11 Federal Holidays

  • January 1st- New Year’s Day
  • 3rd Monday of January- MLK day
  • 3rd Monday of February- Washington’s Birthday (or President’s Day)
  • Last Monday in May- Memorial Day
  • *June 19th- Juneteenth* (or Emancipation Day)
  • July 4th- Independence Day (observed in 2021 on Monday, July 5th)
  • 1st Monday in September- Labor Day
  •  2nd Monday in October- Columbus Day
  • November 11th- Veteran’s Day
  • 4th Thursday in November- Thanksgiving
  • December 25th- Christmas

 

Until Next Time,

Benefits Ben, STWS

**Written by Benjamin Derge, Financial Planner. The information has been obtained from sources considered reliable but we do not guarantee that the foregoing material is accurate or complete. Any opinions are those of Benjamin Derge and not necessarily those of RJFS or Raymond James. Links are being provided for information purposes only. Expressions of opinion are as of this date and are subject to change without notice. Raymond James is not affiliated with and does not endorse, authorize, or sponsor any of the listed websites or their respective sponsors.

New Holiday

New Holiday, Juneteenth, Federal Government