Henry M. Lloyd - Page 53




                                       - 53 -                                         
          calculating the “future income” component of petitioner’s RCP on            
          the basis of the three-year period 2002 through 2004, the second            
          offer specialist first determined petitioner’s average monthly              
          income to be $18,895, consisting of (1) $16,903 of average                  
          monthly wage income calculated by using an average of peti-                 
          tioner’s wage income for the years 2002 through 200433 and                  
          (2) other monthly income totaling $1,992.  The second offer                 
          specialist then calculated petitioner’s “excess” monthly income             
          (i.e., $12,652) by subtracting allowed monthly necessary living             
          expenses (i.e., $6,243) from petitioner’s average monthly income            
          (i.e., $18,895).  Finally, the second offer specialist multiplied           
          petitioner’s “excess” monthly income ($12,652) by 48 months to              
          determine the “future income” component of petitioner’s RCP                 
          (i.e., $607,296).                                                           
               The settlement officer reviewed the second offer special-              
          ist’s determination of petitioner’s RCP and agreed with, inter              


               32(...continued)                                                       
          wage income for 1993 through 2004 is $6,952.03.                             
               33The record does not disclose the basis for the second                
          offer specialist’s calculation of petitioner’s average monthly              
          wage income for 2002 through 2004 (i.e., $16,903).  The monthly             
          average of the wage income that petitioner claims for 2002                  
          through 2004 is $16,694.25.  The Court is unable to reconcile the           
          difference between the monthly average of petitioner’s wage                 
          income for 2002 through 2004 as calculated by the second offer              
          specialist and the monthly average of the wage income that                  
          petitioner claims for 2002 through 2004.  However, it is not                
          necessary to reconcile that difference in order to dispose of               
          respondent’s motion.                                                        





Page:  Previous  46  47  48  49  50  51  52  53  54  55  56  57  58  59  60  Next 

Last modified: March 27, 2008