Follow this procedure to compute the period of ineligibility except for the situations
described in SI 01150.111B. and SI 01150.111C.
Determine the total, cumulative uncompensated value of any resources transferred since
the look-back date.
Then, divide the uncompensated value by the full amount of the Federal benefit rate
(FBR) plus the full amount of the federally administered State supplementary payment
(if any) based on the individual's living arrangement.
The resulting amount, computed to 2 decimal places and rounded down to the nearest
whole number, is the number of months of the period of ineligibility.
NOTE: If the cumulative result of the calculation is less than one month, no period of
Example: The claims representative (CR) determines that Mr. Smith, who lives in a State with
no federally administered State supplement, transferred a resource for less than fair
market value on 3/10/00. The transfer resulted in uncompensated value of $7,500. The
CR divides $7,500 by $512 (the FBR in 2000) which equals 14.64. The CR rounds down
to the nearest whole number and determines that the period of ineligibility is 14
months and would begin in 4/00.