FAA4.I Earned Income (EAIN EAIC) : 06 Budgeting Income - Overview : F Budgeting Contract Income - Overview
F Budgeting Contract Income - Overview
 
(10/01/13 – 12/31/13)
When the contract does not provide clear information on how the participant is paid, it may be necessary for the EI to complete one or both of the following to determine how to budget the income:
 
Request additional verifications.
Ask the participant additional questions. The following are example of questions that may assist the EI:
Is the participant paid only for the number of hours worked?
Is the participant guaranteed to receive the full amount listed in the contract regardless of how many hours worked?
Is the participant paid for overtime or differential pay?
Is the participant paid a lump sum payment at the start, end or anytime during the contract period?
Is the participant paid when the school is not in session?
 
Policy and procedures regarding budgeting contract income are outlined as follows: