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the calculation method, enter the hourly rate of pay and number of hours to be worked in the pay period and “weekly” for the pay frequency.
See section 4080-2 G. 4. Not a Full Month’s Income Due to Employment Change.
2. Twice-Monthly Income When income is received in two (2) monthly payments, typically on the same dates each month, such as the fifth (5th) and twentieth (20th), the conversion factor to be used depends on if the individual is paid salary or hourly. Twice-monthly is often confused with bi-weekly income, but they can be different. The pay dates on the income verification are to be compared against a calendar to confirm they are paid twice-monthly.
a. Paystub are Received: When paystubs are received, use the average method option in the ICCIS budget screen during income calculation. Enter paystubs that are reflective of the income and select conversion factor for twice monthly (X2). b. Employment Statement or Collateral Contact Received: When an employment statement is received, or a collateral contact is made with an employer, ask for the average weekly hours and use the normal method option in the ICCIS budget screen during income calculation. Enter the hourly rate and number of hours per week and select conversion factor for weekly (X 4.3).
3. Bi-weekly Income The estimated amount of income per pay period is multiplied by the conversion factor of two point one five (2.15) to arrive at the monthly income. For example: if a parent reports they are paid every other Friday the pay dates on the income verification are to be compared against a calendar to confirm the pay is bi-weekly.
In the Budget and Copay screen in ICCIS, the Designee will select “Averaging” as the calculation method, enter the pay stub amounts and pay dates, and select “Every 2 weeks” forthe pay frequency.
If an employment statement or letter of employment is the verification received, in the Budget and copay screen in ICCIS the Designee will in the Budget and Copay screen in ICCIS, the Designee will select “Normal” as the calculation method enter