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283 (07/2026) Chapter 2:Eligibility • Section 5: Financial eligibility of the animal or its products are counted as unearned income. The fair market value of these animals is excluded. Note: If some of the eggs and milk are consumed by the family and the excess is sold, the chickens and cows are still excluded; however, the income from selling the eggs and milk is counted as unearned income. For HSD medical programs and MSP, resources are not considered in eligibility determination. Oregon Administrative Rule(s) 461-145-0010 — Animals 410-200-0015 (54) and (55) — General Definitions 414-175-0035 — Specific Financial Requirements Annuities For the purposes of this policy: • “Actuarially sound” means commercial annuities [see subsection (d) of this section] that pay principal and interest out in equal monthly installments over the actuarial life expectancy of the annuitant, with no deferral and no balloon payments. This definition establishes actuarial life expectancy by the Periodic Life Table of the Office of the Chief Actuary of the Social Security Administration. For transactions (including the purchase of an annuity) occurring on or after July 1, 2008, the payout period must be within twelve months of the actuarial life expectancy, measured at the time of purchase. • An annuity does not include benefits that are set up and accrued in a regularly funded retirement account while an individual is working, whether maintained in the original account or used to purchase an annuity if the Internal Revenue Service recognizes the account as dedicated to retirement or pension purposes. • “Child” means a biological or adoptive child who is:
Under age 21; or
Any age and meets the Social Security Administration criteria for blindness or disability. • “Commercial annuities” means contracts or agreements (not related to employment) by which an individual receives annuitized payments on an investment for a lifetime or specified number of years. In ONE, payments and benefits from annuities are coded on the Unearned Income screen: • Unearned Income Category – Annuities • Unearned Income Type – there are two types to choose from, select the one which is applicable to the type being reported:
Annuity - Non-Taxable
Annuity - Taxable For all programs except MSP and HSD medical programs, an annuity is counted as a resource if the annuity does not make regular payments for a lifetime or specified number of years.; or For OSIPM: