Regulations last checked for updates: May 18, 2024

Title 5 - Administrative Personnel last revised: May 15, 2024
All TitlesTitle 5Chapter IPart 534Subpart D - Subpart D—Pay and Performance Awards Under the Senior Executive Service
View all text of Subpart D [§ 534.401 - § 534.408]
§ 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]
authority: 5 U.S.C. 1104,3161,5307,5351,5352,5353,5376,5382,5383,5384,5385,5541,5550a,sec. 1125 of the National Defense Authorization Act for FY 2004, Pub. L. 108-136, 117 Stat. 1638 (5 U.S.C. 5304,5382,5383,7302; 18 U.S.C. 207); and sec. 2 of Pub. L. 110-372, 122 Stat. 4043 (5 U.S.C. 5304,5307,5376
cite as: 5 CFR 534.407
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