FAA6.N Examples : 26 Earned Income (EAIN/EAIC) Examples : K Semi-Monthly Income Example 3
K Semi-Monthly Income Example 3
 
Arta applied for benefits on May 15. Her employment is ongoing, and she is paid semi-monthly on the 15th and 30th of each month.
 
Arta was interviewed on May 18th and provided the following paystubs:
 
Date Paid
Hours
Gross Amount
04/30
60
$390
05/15
82
$533
 
Arta stated that her 04/30 gross income was not normal because she was on leave without pay. Collateral contact with Arta’s employer verified that Arta is expected to work 38 to 40 hours per week at $6.50 per hour.
 
Manually calculate Arta’s gross income for 05/30 as follows:
 
38 + 40 = 78 divided by 2 = 39 averaged hours per week
39 X 2.15 = 83.85 hours per pay period
83.85 X $6.50 = $545.02 projected gross
 
Key the following on EAIC:
 
INC TYPE: WA
FREQ: SM
NUMBER OF PERIODS:
PERIOD
DATE PAID
HOURS
HR. RATE
GROSS AMOUNT
01
05/15
82
6.50
533.00
02
05/30
83.85
6.50
545.02