* Officers' and other Board appointees' salaries are determined by the Corporation's Board of Directors. The passage of the Federal Employees Pay Comparability Act of 1990, Public Law 101-509, eliminated the reference to GS-18 under federal pay system and under other statues including Neighborhood Reinvestment's enabling legislation. The GS-18 reference has been replaced with a reference to the maximum rate not greater than the rate of basic pay payable for level IV of the Executive Service, currently $115.700. However, no Officer or employee has a salary higher than $97,462. |