Attachment to Compensation Memorandum 2001-3

United States Office of Personnel Management

Examples of GM 2001 Pay Computations Who Receive Special Salary Rates


8a. GM employee at grade GS-13 on the IT special rate schedule

IT Special Rate Conversion
Basic Rate for GS-334-13, step 00 (not on step):$71,000 (December 2000)
Location: Washington-Baltimore, DC-MD-VA-WV
IT Special Rate: Table 999C

2000 Locality Rate: $77,426 ($71,000 x 1.0905)

Reference: 5 CFR 530.306(a)(3) and 531.205(a)(2)


Step 1: Subtract the GS-13, step 1, rate from the employees basic rate in 2000. (Use the 2000 GS basic schedule).

2000 GM basic rate

2000 GS basic rate

Difference

$71,000

$55,837

$15,163

 

 

($71,000 - $55,837)


Step 2: Subtract the GS-13, step 1, rate from the GS-13, step 10, rate. (Use the 2000 GS basic schedule).

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)


Step 3: Divide the results of step 1 by the results of step 2. Carry the result to the seventh decimal place and truncate.

$15,163 $16,749 = 0.9053077


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).

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)


Step 5: Multiply the results in step 3 by the results in step 4.


0.9053077 x $18,069 = $16,358.00483


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.

$16,358.00483 + $60,212 = $76,571

The employees GM IT special rate in 2001 is $76,571.

 


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]
Location: Washington-Baltimore, DC-MD-VA-WV
IT Special Salary Rate: Table 999C


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.)

2000 GM basic rate

2000 GS-13 basic rate

Difference

$71,000

$55,837

$15,163

 

 

($71,000 - $55,837)


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.)

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)


Step 3: Divide the result of step 1 by the result of step 2. Carry the result to the seventh decimal place and truncate.

$15,163 / $16,749 = .9053077


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.)

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)


Step 5: Multiply the results of step 3 by the results of step 4.

.9053077 x $17,208 = $15,578.5349


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.

$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.]


Step 7: Multiply the results of step 6 by the DC locality rate in 2001.

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)


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