---
kind: "section"
citation: "5 C.F.R. § 534.407"
title: "5"
number: "534.407"
heading: "Pay computation and aggregate compensation."
url: "https://uscodex.org/cfr/5/534.407"
---

# §534.407. Pay computation and aggregate compensation.

- (a) Except as provided in [paragraph (b)](#b) of this section, pay for members of the SES must be computed in accordance with [5 U.S.C. 5504(b)](/usc/5/5504.md?p=b).
- (b) To determine the hourly rate of pay for members of the SES, divide the annual SES rate of basic pay by 2,087 and round to the nearest cent, counting one-half cent and over as a whole cent. To derive the biweekly rate, multiply the hourly rate by 80.
- (c) Senior executives are subject to the applicable aggregate limitation on pay in [5 CFR part 530](/cfr/5/part530.md), subpart B.

## Notes

### Amendments

[69 FR 70367, Dec. 6, 2004]

### Source

Source: 54 FR 2987, Jan. 23, 1989, unless otherwise noted.

### Authority

Authority: 5 U.S.C. 1104, 3161(d), 5307, 5351, 5352, 5353, 5376, 5382, 5383, 5384, 5385, 5541, 5550a, sec. 1125 of the National Defense Authorization Act for FY 2004, Pub. L. 108-136, 117 Stat. 1638 (5 U.S.C. 5304, 5382, 5383, 7302; 18 U.S.C. 207); and sec. 2 of Pub. L. 110-372, 122 Stat. 4043 (5 U.S.C. 5304, 5307, 5376).

### Amendments

[69 FR 70367, Dec. 6, 2004]