- a) All currently available, unearned income which is not specified as exempt shall be considered in the determination of eligibility.
- b) Unearned income is all income other than that received in the form of salary for services performed as an employee or profits from self-employment. Unearned income includes any amount of interest earned from assets disregarded by Section 120.382(a)(3) and (a)(4).
- c) When the amount of unearned income to be considered is determined, the cents are dropped from each payment amount.
- d) For payments received weekly, the weekly amount is multiplied by 4.33 to determine the countable monthly income.
- e) For payments received bi-weekly, the bi-weekly amount is multiplied by 2.16 to determine the countable monthly income.
(Source: Amended at 21 Ill. Reg. 13638, effective October 1, 1997)