How will the reduction in OSTTB payments for a family be applied?
An eligible family (including single parents) with an income of up to $160,000 will receive three benefit payments: one payment of $330 and two payments of $335 totalling $1,000. The maximum benefits will be reduced by five per cent of adjusted family net income over $160,000. For example, a family with income of $163,000 will receive one benefit payment of $180 and two benefit payments of $185 each. Families with income over $166,700 ($166,600 for the June 2010 benefit) will not receive any benefit payments.
