Conversion to Monthly Amounts
(a)Income received weekly, bi-weekly, or semi- monthly,…#
(a) Income received weekly, bi-weekly, or semi- monthly, shall be converted to a monthly amount by multiplying by the following factors:
(1) For weekly amounts, multiply by 4.33;
(2) For bi-weekly amounts, multiply by 2.17; and
(3) For semi-monthly amounts, multiply by 2.
(b)The result shall be carried out to 2 decimal places and…#
(b) The result shall be carried out to 2 decimal places and not be rounded up or down.
Source. #13856, eff 1-23-24