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2020 09/13/18 18 Monthly Income

Determine one month income: Stable income – Divide actual income earned by the number of paid months; i.e. $1000 earned per May 31st pay stub; divide $1000 by 5 months = $200 Monthly Income. OR

New source of Hourly income (including any tips): Hrly Pay x Hrs/wk = Wkly pay, add in any tips. Wkly Pay x 4.33333 = Monthly Income.

OR

New monthly income with the remaining number of months in the year. (see chart below)

Projected Future Income

Multiply one month’s income by remaining months (see chart below) Annual Income

Add Actual + Projected Future Months Income = Annual Income

DETERMINE REMAINING MONTHS

Check Date (date paid) Months Worked Future Months 5/16 – 5/31

5 7 6/1 – 6/15

5.5 6.5 6/16 – 6/30

6 6 7/1 – 7/15

6.5 5.5

6. CALCULATION OF EC BENEFITS

6.1 The level of benefits for eligible households in public/subsidized housing will be

based on their household size as follows:

Household size 1-2:

$350

Household size 3-5:

$400