Prospective Budgeting of Stable Income
(1) Stable income
(see OAR 461-001-0000) in prospective budgeting
(see OAR 461-001-0000) and eligibility
(see OAR 461-001-0000) is treated so that the monthly amount is used to anticipate the income of the financial group
(see OAR 461-110-0530). The amount of stable income for each month is determined as follows:
(a)If paid once per month, that amount is used.#
(a) If paid once per month, that amount is used.
(b)If paid twice per month or semi-monthly, that amount is…#
(b) If paid twice per month or semi-monthly, that amount is converted to a monthly amount by multiplying it by two.
(c)If paid once every other week or biweekly, that amount…#
(c) If paid once every other week or biweekly, that amount is converted to a monthly amount by multiplying it by 2.15.