Benefit Amount Per Hour
This is the dollar value of the benefit per pay hour.
Pay in Lieu of Benefits is calculated as follows:
Pay in Lieu of Benefits Rate = Health and Welfare Benefit rate from Wage Determination Profile - Benefits Amount per Pay Period from Person Profile >> Benefits Value / Number of SCA Hours Worked in Pay Period
If the Pay in Lieu of Benefits rate is greater than zero:
If the Wage Determination is odd-numbered (i.e., Wage Determination identifier is 2005-2019), then Pay in Lieu of Benefits Amount = (Pay in Lieu of Benefits rate) * (Hours worked for the project in the specified time up to the maximum number of hours noted on the Wage Determination)
If the Wage Determination is even-numbered (i.e., Wage Determination identifier is 2005-2022), then Pay in Lieu of Benefits Amount = (Pay in Lieu of Benefits rate) * (all Hours worked for the project in the specified time)