Income and Employment Supports Regulations

Published Date: August 01, 2011
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Income Support, Training and Health Benefits Regulation

Section 1 Excess amounts

The following are the excess of certain assets:
  1. holdings in a Registered Education Savings Plan to the extent they are available to a learner member of the learner household unit;

  2. holdings in a Registered Retirement Savings Plan by a member of a learner household unit to an amount that exceeds an amount determined by the Minister at the commencement of a training service plan;

  3. funds from an award or prize received by a member of a household unit for outstanding academic or community achievement to an amount that exceeds the maximum amount per academic year as determined under section 1(2) of Schedule 2;

  4. holdings in a life insurance plan by a member of the learner household unit to an amount that the cash surrender value exceeds $1500.