609 CONVERSION TO MONTHLY AMOUNTS (MAM) |
Previous Policy |
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Convert income, disregards, and deductions that are not received or paid monthly to a monthly amount. Use one of the following methods:
. multiply weekly amounts by 4.33;
. multiply biweekly amounts by 2.17;
. multiply semimonthly amounts by 2; or
. average amounts received for a period of more than one month e.g., divide yearly income by 12.