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DEPARTMENT FOR AGING AND REHABILITATIVE SERVICES AUXILIARY GRANT PROGRAM NON-SSI RESOURCE ELIGIBILITY 11/18 CHAPTER E PAGE 91 47. Mutual Funds A mutual fund is a company whose primary business is buying and selling securities and other investments. Shares in a mutual fund represent ownership in the investments held by the fund. Mutual funds shares are a form of “stock” and are evaluated as such. They are resources. See Stocks Chapter E – 60.
48. Nazi Persecution, Payments to Victims of The governments of Germany, Austria, and the Netherlands make payments to victims of Nazi persecution. 48.1. Exclusion Payments received from any source by individuals because of their status as victims of Nazi persecution are excluded from income and resources. Retained funds must be identifiable in order to be excluded. See Chapter E - 26 if funds excluded under this provision are commingled with other funds. 48.1.1. Interest Interest earned on unspent payment to victims of Nazi persecution is excluded from income. If retained, the interest is a countable resource the month following the month of receipt. 48.2. Verification If an individual reports receiving payments as a result of being a victim of Nazi persecution, accept a signed allegation of the amount(s) involved and the date(s) these payments were received. No further development or documentation is required.
49. Netherlands WUV Payments to Victims of Persecution The Netherlands' Act on Benefits for Victims of Persecution 1940–1945, WUV (Wet Uitkering Vervlgingsslachtoffers), provides payments to individuals who, during the German and Japanese occupation of the Netherlands and the Netherlands East Indies (now the Republic of Indonesia), were victims of persecution during World War II because of their race, religion, belief or homosexuality and, as a result of that persecution presently are suffering from illnesses or disabilities. There are 4 types of payments