[Federal Register Volume 64, Number 249 (Wednesday, December 29, 1999)]
[Rules and Regulations]
[Page 72889]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 99-33583]
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Rules and Regulations
Federal Register
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Federal Register / Vol. 64, No. 249 / Wednesday, December 29, 1999 /
Rules and Regulations
[[Page 72889]]
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OFFICE OF PERSONNEL MANAGEMENT
5 CFR Part 534
RIN 3206-AI59
Pay Under Other Systems
AGENCY: Office of Personnel Management
ACTION: Technical amendment.
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SUMMARY: This document contains a technical amendment to the final
regulations that were originally published in the Federal Register on
Friday, January 2, 1987 (52 FR 1). This technical amendment implements
statutory changes in the total amount of performance awards that may be
granted to career members of the Senior Executive Service in a fiscal
year. These changes were enacted by Public Law 105-277, the Omnibus
Consolidated and Emergency Supplemental Appropriations Act, 1999,
October 21, 1998.
EFFECTIVE DATE: December 29, 1999.
FOR FURTHER INFORMATION CONTACT: Anne Kirby, (202) 606-1610, FAX (202)
606-0557, or email to [email protected].
SUPPLEMENTARY INFORMATION: Public Law 105-277, enacted on October 21,
1998, amends 5 U.S.C. 5384(b)(3) to increase the total amount of SES
performance awards that may be paid during a fiscal year. The public
law changed the award pool configurations to 10 percent (formerly 3
percent) of aggregate career SES basic pay, or 20 percent (formerly 15
percent) of the average annual rates of career SES basic pay. The new
award pool provisions could be used for SES performance awards paid any
time after enactment of the public law.
In accordance with 5 U.S.C. 553, I find that, as these amendments
are mandated by statute, notice and public procedure thereon are
impracticable, unnecessary, and contrary to the public interest.
Regulatory Flexibility Act
I certify that these changes will not have a significant economic
impact on a substantial number of small entities because the
regulations pertain only to Federal employees and agencies.
List of Subjects in 5 CFR Part 534
Government employees, Hospitals, Students, Wages.
Office of Personnel Management.
Janice R. Lachance,
Director.
Accordingly, OPM is amending 5 CFR part 534 as follows:
PART 534--PAY UNDER OTHER SYSTEMS
1. The authority citation for part 534 continues to read as
follows:
Authority: 5 U.S.C. 1104, 5307, 5351, 5352, 5353, 5376, 5383,
5384, 5385, 5541, and 5550a.
Subpart D--Pay and Performance Awards Under the Senior Executive
Service
2. Amend Sec. 534.403 by revising paragraph (b) to read as follows:
Sec. 534.403 Performance awards.
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(b) The total amount of performance awards paid during a fiscal
year by an agency may not exceed the greater of--
(1) Ten percent of the aggregate career SES basic pay for the
agency as of the end of the fiscal year prior to the fiscal year in
which the award payments are made; or
(2) Twenty percent of the average annual rates of basic pay for
career SES appointees of the agency as of the end of the fiscal year
prior to the fiscal year in which the award payments are made.
* * * * *
[FR Doc. 99-33583 Filed 12-28-99; 8:45 am]
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