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TANF/NMW Fact Sheet updated 1.26.17 Page 3 of 5
5. TANF Federal Requirements ► Cash assistance time limit of 60 months. ► Work requirement for most cash recipients. ► Recipients face payment sanctions and termination of benefits for not meeting work requirements. ► Individual Responsibility Plans required for all cash recipients. ► Teen parents have a live-at-home and stay-in-school requirement. ► Annual state plan required. ► 15% cap on administrative costs. ► Allows up to 30% of the TANF block grant to be transferred to Child Care and Social Services Block Grant Program. ► State MOE requirements: o 75% of 1995 spending when meeting work participation rates o 80% of 1995 spending when not meeting work participation rates ► Funding penalties if fail to meet Federal requirements.
6. Cash Assistance Eligibility
Non-Financial Eligibility Requirements Financial Eligibility Requirements Resident of New Mexico Gross Income o 85% of the Federal Poverty Guideline U.S. Citizen or Qualified Legal Immigrant Resources o $1,500 or less in liquid resources, such as a bank account o $2,000 or less in non-liquid resources, such as real property Families with Dependent Children Social Security Number Cooperation with work programs and child support enforcement
7. Cash Assistance Standards
Cash Assistance & Support Services October 1, 2016 – September 30, 2017 House- hold Size Federal Poverty Guidelines (FPG) Monthly Income Standards Maximum Monthly Benefit 100% FPG Limit 85% FPG Gross Limit NM Works Cash Net Income *7.5% NMW Budgetary Adjustment Maximum Monthly Benefit General Assistance 1 $990 $842 $266 $22 $244 $245 2 $1,335 $1,135 $357 $30 $327 $329 3 $1,680 $1,428 $447 $38 $409 $412 4 $2,025 $1,721 $539 $46 $493 $496 5 $2,370 $2,015 $630 $54 $576 $580 6 $2,715 $2,308 $721 $62 $659 $664 7 $3,061 $2,602 $812 $69 $743 $748 8 $3,408 $2,897 $922 $79 $843 $849 + 1 +$347 +$295 +$91 +$8 +$83 +$84 DEDUCTIONS WORK INCENTIVES Dependent Care: Earned Income Disregard: For a child under age 2 = $200 For a child age 2 and over = $175 Single parent = $125 & 1/2 remainder Two-parent = $225 & 1/2 remainder *7.5% Budgetary Adjustment is subtracted from the eligible NMW amount to determine maximum monthly benefit. ISD 017 Revised 08/11/2016