N.H. Admin. Code § He-W 744.01

Current through Register No. 50, December 12, 2024

Section He-W 744.01 - Averaging Income

Income received on a weekly, biweekly, or semi-monthly basis shall be converted to a monthly amount as follows:

(a) The income amount shall be multiplied by a factor of 4.33 for weekly amounts, 2.17 for biweekly amounts, and 2 for semi-monthly amounts; and

(b) The result shall be carried out to 2 decimal places and shall not be rounded up or down.

N.H. Admin. Code § He-W 744.01

(See Revision Note at chapter heading for He-W 700) #5133, eff 5-2-91; ss by #6507, INTERIM, eff 5-1-97, EXPIRES: 8-29-97; ss by #6549, eff 8-1-97; ss by #8388, eff 7-8-05; ss by #10368, eff 7-8-13

The amended version of this section by New Hampshire Register Number 19, eff. 4/26/2023 is not yet available.