[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: 5CFR550.154] [Page 504] TITLE 5--ADMINISTRATIVE PERSONNEL CHAPTER I--OFFICE OF PERSONNEL MANAGEMENT PART 550--PAY ADMINISTRATION (GENERAL)--Table of Contents Subpart A--Premium Pay Sec. 550.154 Rates of premium pay payable under Sec. 550.151. (a) An agency may pay the premium pay on an annual basis referred to in Sec. 550.151 to an employee who meets the requirements of that section, at one of the following percentages of the employee's rate of basic pay (as defined in Sec. 550.103): (1) A position which requires an average of at least 3 but not more than 5 hours a week of irregular or occasional overtime work--10 percent; (2) A position which requires an average of over five but not more than 7 hours a week of irregular or occasional overtime work--15 percent; (3) A position which requires an average of over seven but not more than 9 hours a week or irregular or occasional overtime work--20 percent; (4) A position which requires an average of over 9 hours a week of irregular or occasional overtime work--25 percent. (b) If an agency proposes to pay an employee premium pay on an annual basis under Sec. 550.151 but unusual conditions seem to make the applicable rate in paragraph (a) of this section unsuitable, the agency may propose a rate of premium pay on an annual basis for OPM approval. The proposal shall include full information bearing on the frequency and duration of the irregular or occasional overtime work required; the nature of the work which prevents hours of duty from being controlled administratively; the necessity for the employee being generally responsible for recognizing, without supervision, circumstances which require him to remain on duty; and any other pertinent conditions. [33 FR 12458, Sept. 4, 1968, as amended at 35 FR 6311, Apr. 18, 1970; 55 FR 41178, Oct. 10, 1990; 57 FR 2435, Jan. 22, 1992; 61 FR 3543, Feb. 1, 1996] General Rules Governing Payments of Premium Pay on an Annual Basis