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### Computing Hourly Rates of Pay Using the 2,087-Hour …

Hourly and biweekly rates of pay for most Federal civilian employees are computed as required by 5 U.S.C. 5504(b). 1. Hourly rates of basic pay are computed by dividing an employee's annual rate of basic pay by 2,087 hours. Rates must be rounded to the nearest cent, counting one-half cent and over as the next higher cent (e.g., round \$18.845 to \$18.85). 2. Biweekly rates of basic pay are computed by mul…

### 2087 Work Hours - hoursfinder.com

https://hoursfinder.com/0-9-hours/2087-work-hours.html
Oct 11, 2006 · The 2,087 divisor is derived from the following formula: (2,096 hours*4 years) + (2,088 hours*17 years) + (2,080 hours*7 years) / 28 years = 2,087.143 hours. Using 2,087 as the average number of work hours in a calendar year reasonably accommodates the year-to-year fluctuations in …

### FPCD-81-60 Alternatives to the Current Method of …

A second alternative would be to use 2,087 work hours every year as the divisor to determine hourly rates. This method would not reflect the actual number of work hours in a calendar year, but would be more precise than the current method because it rep- resents the average number of work hours over a 28-year perpetual ...

### How Many Work Hours in a Year | Indeed.com

Total work hours a year. There are 2,087 average work hours in a calendar year, based on year-to-year fluctuations in working days over a 28-year period, rounded down from 2,087.143 hours. It’s a common mistake to assume there are 2,080 work hours in a year (40 hours multiplied by 52 work weeks), but there aren’t exactly 52 weeks (362 days ...

### Sick Leave Conversion Chart - USGS

If the sick leave balance is greater than 2,087, subtract 2,087 from your balance and calculate the amount of time in addition to the one year of credit you will receive. NOTE: For retirement credit purposes, sick leave days are generally six hours long. By law there are 2,087 hours in a work year. Since OPM calculates annuities on a 360-day ...

### Hour pay rate does not match Annual Salary - IRS ...

https://forum.federalsoup.com/default.aspx?g=posts&t=76693
The 2,087 divisor is derived from the following formula: (2,096 hours*4 years) + (2,088 hours*17 years) + (2,080 hours*7 years) / 28 years = 2,087.143 hours. Using 2,087 as the average number of work hours in a calendar year reasonably accommodates the year-to-year fluctuations in …

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