[Code of Federal Regulations]
[Title 5, Volume 1, Parts 1 to 699]
[Revised as of January 1, 2001]
From the U.S. Government Printing Office via GPO Access
[CITE: 5CFR550.203]

[Page 511]
 
                    TITLE 5--ADMINISTRATIVE PERSONNEL
 
                CHAPTER I--OFFICE OF PERSONNEL MANAGEMENT
 
PART 550--PAY ADMINISTRATION (GENERAL)--Table of Contents
 
                       Subpart B--Advances in Pay
 
Sec. 550.203  Advances in pay.

    (a) The head of an agency may provide for the advance payment of 
basic pay, in one or more installments covering not more than 2 pay 
periods, to an employee who is newly appointed to a position in the 
agency.
    (b) The maximum amount of pay that may be advanced to an employee 
shall be based on the rate of basic pay to which the employee is 
entitled on the date of his or her new appointment with the agency, 
reduced by the amount of any allotments or deductions that would 
normally be deducted from the employee's first regular paycheck.
    (c) An advance in pay may be made to an employee no earlier than the 
date of appointment with the agency and no later than 60 days after the 
date of appointment.
    (d) An advance in pay under this subpart may not be made to any 
employee when an agency expects to make an advance in pay to the same 
employee under 5 U.S.C. 5927 within 2 pay periods after the employee's 
appointment.
    (e) An advance in pay may not be made to the head of an agency or to 
an employee appointed to a position in the expectation of receiving an 
appointment as the head of an agency.

[56 FR 12837, Mar. 28, 1991; 56 FR 40360, Aug. 14, 1991; 58 FR 41625, 
Aug. 5, 1993]