Home Assignment Information
| Allowance Information (July 2007-June 2008) HOME ASSIGNMENT ALLOWANCE Single missionary = $ 937.30/month Married couple = $1,442.00/month HOME ASSIGNMENT RENT ALLOWANCE • Single missionary = up to a maximum of $550/month • Married couple = up to a maximum of $625/month • Married couple with . . . -1 or 2 children = up to a maximum of $700/month -3 or more children = up to a maximum of $770/month CHILDREN'S ALLOWANCES On the field: • 50 percent of gross adult allowance up to 18 years of age or until completion of high school in the 19th year • 50 percent of gross adult allowance upon entering approved college = $360.50/month On home assignment: • 50 percent of $721 up to 18 years of age or until completion of high school in 19th year = $360.50/month • 50 percent of $721 upon entering college approved by International Ministries for any 24 months prior to the 23rd birthday = $360.50/month SERVICE INCREMENTS 5 percent for 10-14 years of service = $ 36.05 per adult/month 10 percent for 15-19 years of service = $ 72.10 per adult/month 15 percent for 20-24 years of service = $108.15 per adult/month 20 percent for 25-29 years of service = $144.20 per adult/month 25 percent for 30 or more years of service = $180.25 per adult/month (Note: This is based on the home assignment allowance of $700/month.U.S.) SOCIAL SECURITY GRANT FOR 2007-2008 7.3412 percent of allowance paid for 2006 |
