conversion

conversion Sec. 304. (a) Each employee whose basic salary is paid under the Act of July 6, 1945 (59 Stat. 435), as amended, or under the Classification Act of 1949 (63 Stat. 954), as amended, mid who on or prior to the effective date of this section has earned but has not been credited with a higher automatic salary grade increase, under the Act of July 6, 1945, or a higher within-grade step-increase under the Classification Act of 1949 for his position, or whose basic salary would have been increased on July 1, 1955, by reason of changed postal receipts, shall be given credit for such increase before his basic salary is adjusted under subsection (b) of this section. (b) The basic salary of each employee in effect immediately prior to the effective date of the Postal Field Service Schedule, the Rural Carrier Schedule, and the Fourth-Class Office Schedule, shall be adjusted as of such adjusted date to the basic salary in the schedules in the following manner: (1) If the basic salary of the employee is equal to any step established for his position in the appropriate schedule, such step shall be established as the employee’s new basic salary. (2) If the basic salary of the employee is less than the entrance step established for his position in the appropriate schedule, such entrance step shall be established as the employee’s new basic salary. (3) If the basic salary of the employee falls between any two steps established for his position in the appropriate schedule, the higher step shall be established as the employee’s new basic salary. (4) If the basic salary of the employee is greater than the highest step established for his position in the appropriate schedule, such basic salary shall be established as the new basic salary of the employee.