Pay computation and aggregate compensation.

5 C.F.R. § 534.407
in effectEffective: 2024-07-01
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(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.

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