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1215 (07/2026) Chapter 8: Examples • Chapter 8: Examples Example 1: John and Mary Smith, neither of whom are eligible for SSI or TANF have a total of $4,000 in countable resources. Their 9 year old son, Sam, is applying for OSIPM and has $500 in a savings account. $4,000 ineligible parents’ countable resources $3,000 couple OSIPM resource limit $1,000 in resources to be deemed to Sam $1,000 in deemed resources + 500 from Sam’s savings $1,500 in total resources Sam is under the resource limit since the OSIPM resource limit is $2,000 for an individual. Example 2: Bill and Jane Jones, who are both ineligible, have 3 children: Alpha, Beta and Zoey. Alpha and Beta are applying for OSIPM while Zoey is not. The parents have savings and cash totaling $7,000 and Zoey has a saving’s account worth $1,000. Alpha and Beta both have saving’s accounts worth $350 each. Since Zoey is a non-applying child, her savings account isn’t considered, and the parents’ excess resources are only split between Alpha and Beta. $7,000 ineligible parents’ countable resources $3,000 couple OSIPM Resource Limit $4,000 in resources to be deemed to Alpha and Beta For each child we have: $2,000 deemed from the parents ($4,000/2) + 350 from the saving’s account $2,350 So, both children are over resources and not eligible for OSIPM.