Overtime pay calculator?

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Q: I am a GS-11 who has my overtime hourly rate capped at $38.31. Is there a calculator available that will help me decide how many overtime hours to take pay for as opposed to taking compensatory time? At a certain point, it is not worthwhile to take overtime pay because of the increase in the amount of federal tax withdrawn?

A: I’m not aware of any such calculator. However, if anyone out there is, please let me know and I’ll share the information with our readers.

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Reg Jones was head of retirement and insurance policy at the Office of Personnel Management. Email your retirement-related questions to fedexperts@federaltimes.com.

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