PHILADELPHIA INQUIRER: Pennsylvania plans to make the amount of food stamps that people receive contingent on the assets they possess – an unexpected move that bucks national trends and places the commonwealth among a minority of states.
Specifically, the Department of Public Welfare said that as of May 1, people under 60 with more than $2,000 in savings and other assets would no longer be eligible for food stamps. For people over 60, the limit would be $3,250.
Houses and retirement benefits would be exempt from being counted as assets. If a person owns a car, that vehicle also would also be exempt, but any additional vehicle worth more than $4,650 would be considered a countable asset… (more)