846
PUBLIC LAW 87.793-OCT. 11, 1962
[76 STAT.
leaves his position, or (ii) he is entitled to receive aggregate compensation at a higher rate by reason of the operation of this Act or any other provision of law; but, when such position becomes vacant, the aggregate rate of compensation of any subsequent appointee thereto shall be fixed in accordance with applicable provisions of law. Subject to clauses (i) and (ii) of the immediately preceding sentence of this paragraph, the amount of the increase provided by this section shall be held and considered for the purpose of section 208(b) of such Act of September 1, 1954, to constitute a part of the existing rate of compensation of such employee. Compensation (c) The rates of basic compensation of officers and employees to ad^uttment^'of"'^^ 7^^^ Compensation Schedule II of the General Schedule set forth rates. lu subsection" (a) of this section applies shall be initially adjusted, effective as of the first day of the first pay period beginning on or after January 1, 1964, as follows: (1) If the officer or employee is receiving basic compensation immediately prior to the first day of the first pay period which begins on or after January 1, 1964, at one of the rates of a grade in the General Schedule of the Classification Act of 1949, as amended, he shall receive a rate of basic compensation at the corresponding rate in effect on and after such date. Rate between (2) If the officer or employee is receiving basic compensation two rates. immediately prior to the first day of the first pay period which begins on or after January 1, 1964, at a rate between two rates of a grade in the General Schedule of the Classification Act of 1949, as amended, he shall receive a rate of basic compensation at the higher of the two corresponding rates in effect on and after such date. Maximum rate of (3) If the officer or employee is receiving basic compensation grade. immediately prior to the first day of the first pay period which begins on or after January 1, 1964, at a rate in excess of the maximum rate for his grade, as in effect on and after such date, he shall receive (A) the rate of the new schedule prescribed for employees at the maximmn rate for his grade, or (B) his existing rate of basic compensation if such existing rate is higher. (4) If the officer or employee, immediately prior to the first^ day of the first pay period which begins on or after January 1, 1964, is receiving, pursuant to paragraph (4) of section 2(b) of 69 Stat. 173. the Federal Employees Salary Increase Act of 1955, an existing 5 USC 1113 aggregate rate of compensation determined under section 208(b) note. of the Act of September 1, 1954 (68 Stat. 1111; Public Law 763, 5 USC 926 note. Eighty-third Congress), plus the amount of the increase provided by section 2 of the Federal Employees Salary Increase Act of 1955, by section 2 of the Federal Employees Salary Increase Act of 1958, and by section 112 of the Federal Employees Salary Increase Act of 1960, and the amount of the initial increase pro72 Stat. 20o 74 Stat. 298. vided by this section, he shall receive an aggregate rate of com5 USC 1113 an4 pensation equal to the sum of (A) his existing aggregate rate of note. compensation determined under such section 208(b) of the Act of September 1, 1954, (B) the amount of the increase provided by section 2 of the Federal Employees Salary Increase Act of 1955, (C) the amount of the increase provided by section 2 of the Federal Employees Salary Increase Act of 1958, (D) the amount of the increase provided by section 112 of the Federal Employees Salary Increase Act of 1960, and (E) the amount of the increase made by this section in the maximum rate of his grade, until (i) he leaves his position, or (ii) he is entitled to receive aggregate compensation at a higher rate by reason of the operation of this
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