The Student Room Group

Pensions - student finance

One of my parents gets a lump sum pension this year thats roughly equal to their salary.

Does this become part of the annual household income for this year, even though they've stopped working and no longer have an annual salary any more.

If it does that's out of order.
I think it does, might be under unearned income

"If you’re the parent or partner of a student, you may need to send in evidence of your income from the previous tax year. This might include your P60, a pension book, or a copy of your tax return to HMRC. Find out what evidence you may need to send in."

So it says pension book meaning they must count it as income. BUT phone them, they might just ask you to declare how much you think they will get. Soz, its probably a phonecall question
Lump sums are taken into account, yes. You'll need to provide proof of the full amounts that were paid in the 2009/10 tax year, usually by a statement from the pension provider. It has to show the amount actually received, and not just show what they were due to receive or it won't be accepted.

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