15 AAC 125.668. Calculation of monthly payment amount

(a) Unless the agency finds good cause to require a different amount, the agency will calculate the amount of the monthly payment required by the forgiveness agreement by adding the following amounts:

(1) the monthly ongoing support obligation;

(2) the monthly interest charge on any arrears owed to the custodial parent; and

(3) a monthly amount to be collected and applied to any arrears owed to the custodial parent, as determined using the applicable arrears amortization chart set out in 15 AAC 125.545.

(b) In calculating the amount to be paid under the forgiveness agreement, the agency will give credit to the parent for one-half of the cost to the parent of medical and dental insurance premiums for the children and educational payments for the children to the extent that the health insurance coverage and educational payments are required by the applicable support order and are actually paid for by the parent, unless the order provides for a different allocation of these costs.

(c) If payments are made in accordance with an income withholding order under AS 25.27.062 or 25.27.250 but those payments are not sufficient to cover the monthly payment amount set under (a) of this section, the parent must pay the difference between the amount withheld and the monthly payment amount set under (a) of this section by submitting direct payments to the agency in the form of cash, a personal, cashier's, or certified check, a money order, an electronic funds transfer, or payment by wire service.

(d) Good cause for varying the monthly payment amount under (a) of this section will be determined under 15 AAC 125.540(d) .

History: Eff. 4/1/2005, Register 173

Authority: AS 25.27.020

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