PC lists income which is taken into account. All social security benefits are taken into account as prescribed benefits except for those listed in the SPC regs under 15.1.e of the SPC Act.
Over Age Infirm Allowance is not listed as an exception.
... however ...
is it a social security benefit?
It was around well before the 1948 Act and presumably ( this you need to check!) falls under the War Pensions Acts (probably the Naval and Marine Pay and Pensions Act 1865) which means that you'd need to see if it is "any payment made under article 37 of the Naval, Military and Air Forces etc. (Disablement and Death) Service Pensions Order 1983" (replaced by the Naval, Military and Air Forces Etc. (Disablement and Death) Service Pensions Order 2006).
If it is, then it counts, if not then I suspect that it's disregarded.
I don't have a copy of the original order and only some of the amendments, in none of which does "Over Age Infirm Allowance" appear in the lists of amendments, rate changes etc. so I think it might be worth doing a bit of digging.
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