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Current as of January 02, 2025 | Updated by Findlaw Staff
(a) Notwithstanding §§ 536.304(b)(3) and 536.306(a), an employee who is receiving a retained rate in excess of Executive Schedule level IV on January 1, 2012, consistent with the Non–Foreign Retirement Equity Assurance Act of 2009 (subtitle B of title XIX of Pub.L. 111–84), may continue to receive a retained rate higher than Executive Schedule level IV until—
(1) The retained rate becomes equal to or falls below Executive Schedule level IV; or
(2) The employee ceases to be entitled to pay retention under § 536.308.
(b) Notwithstanding 5 U.S.C. 5361(1) and § 536.102(b)(2), an employee who is employed on a temporary or term basis is not barred from receiving a retained rate if such employee—
(1) Is receiving a special rate above Executive Schedule level IV on January 1, 2012, and is covered by paragraph (a) of this section; or
(2) Is receiving a special rate incorporating an additional adjustment under section 1915(b)(1) of the Non–Foreign Retirement Equity Assurance Act (subtitle B of title XIX of Pub.L. 111–84) at the time the employee's special rate schedule is reduced or terminated.
Cite this article: FindLaw.com - Code of Federal Regulations Title 5. Administrative Personnel § 5.536.310 Exceptions for certain employees in nonforeign areas - last updated January 02, 2025 | https://codes.findlaw.com/cfr/title-5-administrative-personnel/cfr-sect-5-536-310/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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