[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: 5CFR550.142]

[Page 500-501]
 
                    TITLE 5--ADMINISTRATIVE PERSONNEL
 
                CHAPTER I--OFFICE OF PERSONNEL MANAGEMENT
 
PART 550--PAY ADMINISTRATION (GENERAL)--Table of Contents
 
                         Subpart A--Premium Pay
 
Sec. 550.142  General restrictions.

    An agency may pay premium pay under Sec. 550.141 only if that 
premium pay, over a period appropriate to reflect the full cycle of the 
employee's duties and the full range of conditions in his position, 
would be:
    (a) More than the premium pay which would otherwise be payable under 
this subpart for the hours of actual work customarily required in his 
position, excluding standby time during which he performs no work; and
    (b) Less than the premium pay which would otherwise be payable under 
this subpart for the hours of duty required

[[Page 501]]

in his position, including standby time during which he performs no 
work.