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1236 (07/2026) Chapter 8: Examples • Chapter 8: Examples Bill will deem income of $871.00. Less the $20.00 deduction, the adjusted income is $851 and is eligible for OSIPM. Example 2: Parents have only unearned income Nancy Weaver is a child applying for OSIPM who lives with both parents and a 10-year- old brother who is not applying for OSIPM. One parent receives a pension of $1,400.00 per month and the other parent receives a pension of $800.00 per month. Nancy’s brother receives $100.00 per month in unearned income. Parents’ Unearned Income $2,200.00 Allocation for 1 non-OSIPM Applicant Children [$494 - $100 (amount of the child’s own income)] - $394.00 Remaining Unearned Income $1,806.00 Unearned Income Exclusion - $20.00 Remaining Unearned Income $1,786.00 Parental Living Allowance - $1,491.00 Deemed income $295.00 Nancy’s income is $295.00. Less the $20.00 deduction, the adjusted income is $275.00 and is eligible for OSIPM. Example 3: Multiple children applying Note: When multiple children apply, the deemed income is divided evenly between them. If the deemed income puts one of the children over income, only deem that amount to them that equals the one-person SSI amount. Any excess is split between the other children applying. In order to be considered an applying child at application or redetermination, a child must meet all OSIPM eligibility requirements except for excess income. James and Janet Johnson are children applying for OSIPM. James receives $790 per month of unearned income. They live with their mother who receives $1,642 in unemployment compensation. Parents’ Unearned Income $1,642.00 Unearned Income Exclusion - $20.00 Remaining Unearned Income $1,622.00 Parental Living Allowance - $994.00 Deemed income $628.00