Annuity and Pension Payments - Connecticut
CONNECTICUT DEPARTMENT OF SOCIAL SERVICES
UNIFORM POLICY MANUAL
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Date: 10-1-93 Transmittal: UP-94-21 5050.09
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Section: Type:
Treatment of Income POLICY
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Chapter: Program: AFDC
Treatment of Specific Types AABD
_______________________________________________________________ MA
Subject: FS
Annuity, Pension and Trust Payments
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5050.09 A. Payments received by the assistance unit from annuity plans, pensions and trusts are considered unearned income.
B. When the payments are received less frequently than monthly, each payment is averaged forward over the number of months for which it was intended to obtain an amount of gross monthly income. (Cross Reference: 5050.53 - Intermittent Income)
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