Pay Administration. Under 5 U. S. C. 5. CFR 5. 50. 1. 05, General Schedule GS employees and other covered employees may receive certain types of premium pay for a biweekly pay period only to the extent that the sum of basic pay and premium pay for the pay period does not exceed the greater of the biweekly rate payable for 1 GS 1. V of the Executive Schedule. See NOTE 1. The biweekly rate is computed by 1 dividing the applicable annual rate by 2,0. For example, in Atlanta, GA, the GS 1. Similarly, the Executive Schedule Level V annual rate of 1.
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November 2017
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