5 CFR 551.512 : Administrative Personnel (§ 1.1 To Parts 10003-10049) — (§ 1.1 To Parts 631-699) — Office Of Personnel Management (§ 1.1 To Parts 631-699) — Civil Service Regulations (§ 110.101 To Parts 631-699) — Pay Administration Under The Fair Labor Standards Act (§ 551.101 To § 551.710) — Overtime Pay Provisions (§ 551.501 To § 551.541) — Overtime Pay Computations (§ 551.511 To § 551.514) — Overtime pay entitlement.

(a) An employee's overtime entitlement under this subpart includes:

(1) The straight time rate of pay times all overtime hours worked; plus

(2) One-half times the employee's hourly regular rate of pay times all overtime hours worked.

(b) An employee's “straight time rate of pay” is equal to the employee's rate of pay for his or her position (exclusive of any premiums, differentials, or cash awards or bonuses) except for an employee who is authorized annual premium pay under § 550.141 or § 550.151 of this chapter. For an employee who is authorized annual premium pay, straight time rate of pay is equal to basic pay plus annual premium pay divided by the hours for which the basic pay plus annual premium pay are intended.

(c) An employee has been paid in compliance with the overtime pay provisions of this subpart only if the employee has received pay at a rate at least equal to the employee's straight time rate of pay for all nonovertime hours of work in the workweek.