A minimum payment of $250 was introduced for the program years 2018-2022. Essentially, if a producer’s benefit calculates to less than $250, it will not be paid to the producer.

Example:
Version 1 of a benefit calculates to $150. No benefit is paid.

Version 2 is processed and the benefit amount is now $300. $300 is paid to the participant.

Version 3 is processed and the new benefit amount is $350. An additional $50 is paid to the producer. Note that the net benefit on version 3 is less than $250 but the gross benefit is greater than $250.