5 C.F.R. · Administrative Personnel
5 C.F.R. § 451.304

Payment of Rank Awards.

Title 5 C.F.R. ● ACTIVE Primary Source
Regulatory Text

5 C.F.R. § 451.304 — Payment of Rank Awards.

§ 451.304 Payment of Rank Awards. (a) Receipt of the Distinguished rank by an SES career appointee or a senior career employee entitles the individual to a lump-sum payment of an amount equal to 35 percent of annual basic pay, which shall be in addition to the basic pay paid under 5 U.S.C. 5376 or 5382, or any award paid under 5 U.S.C. 5384. (b) Receipt of the Meritorious rank by an SES career appointee or a senior career employee entitles such individual to a lump-sum payment of an amount equal to 20 percent of annual basic pay, which shall be in addition to the basic pay paid under 5 U.S.C. 5376 or 5382, or any award paid under 5 U.S.C. 5384. (c) Payment of rank awards must comply with the restrictions on annual aggregate compensation at 5 U.S.C. 5307. [67 FR 52596, Aug. 13, 2002, as amended at 72 FR 44367, Aug. 8, 2007]

Source: ecfr.gov · govinfo.gov — public domain Official Source ↗
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5 C.F.R. § 451.304
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The regulatory text of 5 C.F.R. § 451.304 is reproduced from the official Code of Federal Regulations as published by the Office of the Federal Register and the National Archives and Records Administration.
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