[Code of Federal Regulations]
[Title 5, Volume 1]
[Revised as of January 1, 2002]
From the U.S. Government Printing Office via GPO Access
[CITE: 5CFR550.114]

[Page 502]
 
                    TITLE 5--ADMINISTRATIVE PERSONNEL
 
                CHAPTER I--OFFICE OF PERSONNEL MANAGEMENT
 
PART 550--PAY ADMINISTRATION (GENERAL)--Table of Contents
 
                         Subpart A--Premium Pay
 
Sec. 550.114  Compensatory time off.

    (a) At the request of an employee, the head of an agency (or 
designee) may grant compensatory time off from an employee's tour of 
duty instead of payment under Sec. 550.113 for an equal amount of 
irregular or occasional overtime work.
    (b) At the request of an employee, as defined in 5 U.S.C. 2105, the 
head of an agency (or designee) may grant compensatory time off from an 
employee's basic work requirement under a flexible work schedule under 5 
U.S.C. 6122 instead of payment under Sec. 550.113 for an equal amount of 
overtime work, whether or not irregular or occasional in nature.
    (c) The head of an agency may provide that an employee whose rate of 
basic pay exceeds the maximum rate for GS-10 (including any applicable 
special rate of pay for law enforcement officers or special pay 
adjustment for law enforcement officers under section 403 or 404 of the 
Federal Employees Pay Comparability Act of 1990 (Pub. L. 101-509), 
respectively; a locality-based comparability payment under 5 U.S.C. 
5304; and any applicable special rate of pay under 5 U.S.C. 5305 or 
similar provision of law) shall be compensated for irregular or 
occasional overtime work with an equivalent amount of compensatory time 
off from the employee's tour of duty instead of payment under 
Sec. 550.113 of this part.
    (d) The head of a department may fix a time limit for an employee to 
request or take compensatory time off and may provide that an employee 
who fails to take compensatory time off to which he is entitled under 
paragraph (a) or (b) of this section before the time limit fixed, shall 
lose his right both to compensatory time off and to overtime pay unless 
his failure is due to an exigency of the service beyond his control.
    (e) The dollar value of compensatory time off when it is liquidated, 
or for the purpose of applying pay limitations, is the amount of 
overtime pay the employee otherwise would have received for the hours of 
the pay period during which compensatory time off was earned by 
performing overtime work.

[33 FR 12458, Sept. 4, 1968, as amended at 56 FR 20342, May 3, 1991; 57 
FR 2434, Jan. 22, 1992; 61 FR 3542, Feb. 1, 1996; 62 FR 28307, May 23, 
1997; 64 FR 69175, Dec. 10, 1999]

                                Night Pay