5 CFR 534.407 - Pay computation and aggregate compensation.

§ 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.

[ 69 FR 70367, Dec. 6, 2004]

Title 5 published on 09-May-2017 03:44

The following are ALL rules, proposed rules, and notices (chronologically) published in the Federal Register relating to 5 CFR Part 534 after this date.

  • 2017-01-19; vol. 82 # 12 - Thursday, January 19, 2017
    1. 82 FR 6339 - Performance Appraisal System Certification
      GPO FDSys XML | Text
      Office of Personnel Management, Office of Management and Budget
      Proposed rule with request for comments.
      OPM must receive comments on or before February 21, 2017.
      5 CFR Parts 317, 430, and 534