Effective January 1, 2018, the Maximum Monthly Maintenance Standard, and the minimum and maximum spousal share amount are increased.
The new Maximum Monthly Maintenance Standard is $3090.00. IM Manual Section 0815.030.10.10.10 and APPENDIX B have been updated to reflect the change effective January 1, 2018.
The Minimum Monthly Maintenance Standard of $2030.00 was announced in Memo IM-#67 dated June 15, 2017.
The new minimum spousal share is $24,720.00. The new maximum spousal share is $123,600.00. Both amounts become effective for any assessment completed on or after January 1, 2018. IM Manual Sections 1030.035.10, 1030.035.20 and 1030.035.25 have been updated to reflect the spousal share increases effective January 1, 2018.
- Review this memorandum with appropriate staff.