Examples of GM 2001 Pay Computations Who Receive Special Salary Rates
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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)
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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
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$71,000
$55,837
$15,163
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($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
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$72,586
$55,837
$16,749
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(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
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$78,281
$60,212
$18,069
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(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]
Location: Washington-Baltimore, DC-MD-VA-WV
IT Special Salary Rate: Table 999C
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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.) |
Last Modified: 3:17:54 PM on Thursday, September 04, 2003
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