Recurring Lump-sum Payments 400-19-55-10-20-10

(Revised 6/1/10 ML #3218)

View Archives

IM 5232

Amended IM 5232

 

Unearned income received on a recurring or regular basis is considered recurring lump sum payments. This income is countable and must be prorated over the period the payment is intended to cover.

 

Recurring lump sum payments received after application for TANF are prorated over the number of months the payment is intended to cover.

Note: The prorated lump sum payment must continue to be counted if the case closes and then reopens during the prorate period or within the following prorate period. This prevents cases from being closed temporarily to avoid using the lump sum income.

 

Examples of recurring lump sum payments include, but are not limited to:

 

For treatment of Earned income lump sum payments, see Section 400-19-55-15-10, Earned Income - When Received