Ill. Admin. Code tit. 89 § 120.361

Current through Register Vol. 48, No. 25, June 21, 2024

Section 120.361 - Budgeting Earned Income

a) Budgeting is the method by which nonexempt income is compared to the applicable MANG Standard (as contained in Sections 120.20, 120.30 and 120.31 ).

b) For persons who are paid weekly, the average gross weekly payment is multiplied by 4.33 to determine the countable gross monthly income.

c) For persons who are paid bi-weekly, the average gross bi-weekly payment is multiplied by 2.16 to determine the countable gross monthly income.

Ill. Admin. Code tit. 89, § 120.361

Amended at 20 Ill. Reg. 15993, effective December 9, 1996