[Code of Federal Regulations]
[Title 5, Volume 1, Parts 1 to 699]
[Revised as of January 1, 2001]
From the U.S. Government Printing Office via GPO Access
[CITE: 5CFR550.141]

[Page 500]
 
                    TITLE 5--ADMINISTRATIVE PERSONNEL
 
                CHAPTER I--OFFICE OF PERSONNEL MANAGEMENT
 
PART 550--PAY ADMINISTRATION (GENERAL)--Table of Contents
 
                         Subpart A--Premium Pay
 
Sec. 550.141  Authorization of premium pay on an annual basis.

    An agency may pay premium pay on an annual basis, instead of the 
premium pay prescribed in this subpart for regularly scheduled overtime, 
night, holiday, and Sunday work, to an employee in a position requiring 
him or her regularly to remain at, or within the confines of, his or her 
station during longer than ordinary periods of duty, a substantial part 
of which consists of remaining in a standby status rather than 
performing work. Premium pay under this section is determined as an 
appropriate percentage, not in excess of 25 percent, of that part of the 
employee's rate of basic pay which does not exceed the minimum rate of 
basic pay for GS-10 (including any applicable locality-based 
comparability payment under 5 U.S.C. 5304 or special rate of pay under 5 
U.S.C. 5305 or similar provision of law).

[56 FR 20342, May 3, 1991, as amended at 61 FR 3542, Feb. 1, 1996]