Find Laws Find Lawyers Free Legal Forms USA State Laws

CFR

534.407—Pay computation and aggregate compensation.

(a) Except as provided in paragraph (b) of this section, pay for members of the SES must be computed in accordance with 5 U.S.C. 5504(b).
(b) To determine the hourly rate of pay for members of the SES, divide the annual SES rate of basic pay by 2,087 and round to the nearest cent, counting one-half cent and over as a whole cent. To derive the biweekly rate, multiply the hourly rate by 80.
(c) Senior executives are subject to the applicable aggregate limitation on pay in 5 CFR part 530, subpart B.

Code of Federal Regulations

[69 FR 70367, Dec. 6, 2004]
Tips