(a) Social security payments and income received from private pension funds by any female 62 years of age or more, or by any male 65 years of age or more, shall be excluded from annual income up to a total maximum amount of $75 per month (Public Housing Law, § 156).

(b) A proportion of income of adult members, other than chief wage earner, may be deducted from annual income in an amount adopted by the authority and approved by the Commissioner of Housing for the purpose of determining eligibility for admission or continued occupancy, or for establishing rental of such family, or for all such purposes (Public Housing Law, § 156). The maximum amount presently approved by the commissioner is $2,000 per secondary wage earner per year per adult member, other than the chief wage earner, per year, but authorities may establish a limit lower than this maximum.

(c) The minor's income above $2,000 (or lower limit that an authority may establish) is to be included in determining the family's aggregate annual income solely for the purpose of establishing the rent to be paid, in accordance with the authority's rent schedule. This income shall not be included in determining the eligibility for admission or continued occupancy of applicants or tenants, as the case may be.