3.2.2.2 Estimating Monthly Income
To determine the best estimate of monthly earned income for individuals paid an hourly rate, and unearned income for the W-2 Group, a FEP Financial and Employment Planner must use the following table:
Payment Frequency Calculation If paid weekly Earned : (hourly rate) x (average hours per week) x (4.3 weeks per month) Unearned : (weekly amount) x (4.3 weeks per month) If paid biweekly Earned : (hourly rate) x (average hours biweekly) x (2.15 weeks per month) Unearned : (biweekly amount) x (2.15 weeks per month) If paid monthly Earned and Unearned : monthly amount (this includes self-employment and other averaged income) If paid twice monthly Earned and Unearned : (amount) x (2 times per month)
The FEP must not adjust the prospective income estimate due to missed work or an irregular increase in work hours. A W-2 Group must be prospectively ineligible for two consecutive months before the case closes.
The W-2 Group’s income affects eligibility only and does not affect the amount of the W-2 payment. The payment amount is determined solely by the employment position in which the adult is participating.