receipt of income from dividends, estates and trusts, and rents (net); total annual other asset income;
receipt of income from veterans’ benefits, unemployment insurance, and workers’ compensation; total annual veterans’/work-related benefits income; and
receipt of income from alimony and child support, other regular cash contributions, and all other cash income; total annual other cash income.
All of the models allocate the aggregated unearned annual income totals to specific sources based on responses to the more detailed recipiency questions. This allocation is performed before the conversion of annual to monthly income amounts.5
TRIM2
The MONTHS routine allocates annual income from unemployment compensation and workers’ compensation evenly across all weeks that are simulated to be not working, that is, unemployed or out of the labor force. It allocates asset income (the sum of interest, dividends, net rents, and income from estates and trusts) evenly across all 12 months, and all other unearned income (the sum of pension income, social security income, railroad retirement income, veterans’ benefits, alimony and child support, other regular contributions, and all other cash income) evenly across all 12 months.
MATH
The ALLOY routine first allocates unemployment compensation, constructing an average monthly amount that is the reported annual amount divided by weeks of receipt times 4.333. Weeks of receipt is a variable calculated in another MATH routine based on observed relationships in administrative data for the unemployment insurance program between duration and total amount and on regulations regarding the maximum weekly benefits and maximum weeks of receipt. Then ALLOY constructs a monthly recipiency array for unemployment benefits. If the person experienced the same or longer period of unemployment compared with the period of benefit receipt, then months of receipt (equal to weeks of receipt divided by 4.333) are allocated to fall within
