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Current as of January 02, 2025 | Updated by Findlaw Staff
(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.
Cite this article: FindLaw.com - Code of Federal Regulations Title 5. Administrative Personnel § 5.534.407 Pay computation and aggregate compensation - last updated January 02, 2025 | https://codes.findlaw.com/cfr/title-5-administrative-personnel/cfr-sect-5-534-407/
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