Attachment to Compensation Memorandum 2001-3
United States Office of Personnel Management |
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8a. GM employee at grade GS-13 on the IT special rate schedule IT Special Rate Conversion 2000 Locality Rate: $77,426 ($71,000 x 1.0905) Reference: 5 CFR 530.306(a)(3) and 531.205(a)(2) | ||
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Step 1: Subtract the GS-13, step 1, rate from the employees basic rate in 2000. (Use the 2000 GS basic schedule). | ||
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2000 GM basic rate 2000 GS basic rate Difference |
$71,000 $55,837 $15,163 |
($71,000 - $55,837) |
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Step 2: Subtract the GS-13, step 1, rate from the GS-13, step 10, rate. (Use the 2000 GS basic schedule). | ||
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2000 GS basic rate 2000 GS basic rate Difference |
$72,586 $55,837 $16,749 |
(GS-13, step 10) (GS-13, step 1) ($72,586 - $55,837) |
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Step 3: Divide the results of step 1 by the results of step 2. Carry the result to the seventh decimal place and truncate. | ||
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$15,163 $16,749 = 0.9053077 | ||
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Step 4: Subtract the GS-13, step 1, rate from the GS-13, step 10, rate. (Use the 2001 IT special salary rate table, 999C). | ||
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2001 IT special rate 2001 IT special rate Difference |
$78,281 $60,212 $18,069 |
(GS-13, step 10, Table 999C) (GS-13, step 1, Table 999C) ($78,281 - $60,212) |
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Step 5: Multiply the results in step 3 by the results in step 4. | ||
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0.9053077 x $18,069 = $16,358.00483 | ||
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Step 6: Add the results of step 5 to the GS-13, step 1, IT special rate from Table 999C and round to the next whole dollar. | ||
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$16,358.00483 + $60,212 = $76,571 | ||
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The employees GM IT special rate in 2001 is $76,571. | ||
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8b. GM employee at grade GS-13 on the IT special rate schedule Locality Rate Determination
Basic Rate for GS-334-13: $71,000 (December 2000)[between steps 9 and 10] | ||
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Step 1: Subtract the GS-13, step 1, GS basic rate in 2000 from the employees rate of basic pay in 2000. (Use the 2000 GS basic schedule.) | ||
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2000 GM basic rate 2000 GS-13 basic rate Difference |
$71,000 $55,837 $15,163 |
($71,000 - $55,837) |
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Step 2: Subtract the GS-13, step 1, GS basic rate in 2000 from the GS-13, step 10, GS basic rate in 2000. (Use the 2000 GS basic schedule.) | ||
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2000 GS-13 basic rate 2000 GS-13 basic rate Difference |
$72,586$55,837 $16,749 |
(GS-13, step 10) (GS-13, step 1) ($72,586 - $55,837) |
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Step 3: Divide the result of step 1 by the result of step 2. Carry the result to the seventh decimal place and truncate. | ||
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$15,163 / $16,749 = .9053077 | ||
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Step 4: Subtract the GS-13, step 1, rate in 2001 from the GS-13, step 10, rate in 2001. (Use the 2001 GS basic schedule.) | ||
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2001 GS-13 basic rate 2001 GS-13 basic rate Difference |
$74,553 $57,345 $17,208 |
(GS-13, step 10) (GS-13, step 1) ($74,553 - $57,345) |
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Step 5: Multiply the results of step 3 by the results of step 4. | ||
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.9053077 x $17,208 = $15,578.5349 | ||
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Step 6: Add the results of step 5 to the GS-13, step 1, GS basic rate in 2001 and round to the next whole dollar. | ||
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$15,578.5349 + $57,345 = $72,924 [Note that $72,924 exceeds the employees former GM basic rate of $71,000 by approximately 2.7%, which was the amount of the GS across-the-board increase in January 2001.] | ||
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Step 7: Multiply the results of step 6 by the DC locality rate in 2001. | ||
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2001 GM basic rate 2001 GM locality rate |
$72,924 $80,384 |
(2001 GM basic rate, determined in step 6) ($72,924 x 1.1023) |
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The employees locality pay rate in 2001 is $80,384. The employees IT special rate ($76,571) is the underlying rate of basic pay used for some pay administration purposes. (IT special rate table 999C provides a 5 percent special rate supplement at grade 13. Note that the employees IT special rate of $76,571 is approximately 5 percent above the GM basic rate of $72,924.) | ||
Page created on February 15, 2001