Which of the following is NOT a factor in determining the amount of a No Fault income benefit?

When determining the amount of a No Fault income benefit, various factors are taken into account, including the 7-day waiting period, previous gross income, and employment status. The purpose of these elements is to provide a structured and fair assessment of an individual’s income loss due to an accident.

The 7-day waiting period establishes a threshold for when benefits begin, ensuring that only meaningful income disruptions are compensated. Previous gross income is used to calculate the amount of benefit based on what the individual was earning before the incident, reflecting the income they are now missing out on. Employment status is also crucial, as it affects the ability to earn an income post-accident.

In contrast, the number of dependents does not influence the calculation of No Fault income benefits directly. While having dependents might impact one’s overall financial planning or needs, it is not a determining factor in the actual computation of the benefits. Hence, it is correct to conclude that the number of dependents is not a relevant factor in this context.