Rejected petition Allow earlier access to pensions due to Corona Virus to aid those in need.

Rejected on 24 April 2020

As a result of the current Corona Virus pandemic I wish Parliament to consider exceptional provisions for a period of say 2 years to allow earlier access to pension funds for individuals without penalties at a lower age than the current 55 year limit, e.g.45/50.

With many individuals worried about their physical and financial health, early access to pensions from the age of say 50 or 45 could alleviate financial pressures and consequent mental health concerns. By definition, casual debt (Overdrafts, credit cards and short term loans) are typically associated with lower paid / working class / less affluent households which will provide a high level of targeted benefit to those in most need at this critical time.

Why was this petition rejected?

There’s already a petition about this issue. We cannot accept a new petition when we already have one about a very similar issue.

You are more likely to get action on this issue if you sign and share a single petition.

You may wish to sign this petition calling for the same action: https://petition.parliament.uk/petitions/305886

You can find out more about coronavirus and how you can protect yourself and others here:

www.gov.uk/coronavirus
https://www.nhs.uk/conditions/coronavirus-covid-19/

The Government has also created an online service to help you out what you can do if you’re struggling because of coronavirus: https://www.gov.uk/find-coronavirus-support

You can read NHS tips to help if you are worried about coronavirus here: https://www.nhs.uk/oneyou/every-mind-matters/coronavirus-covid-19-anxiety-tips

You can read impartial analysis of the Government response to coronavirus and policy developments here:
https://commonslibrary.parliament.uk/coronavirus/

You may also be interested to know that because of the large number of petitions that have been started in relation to coronavirus, the Petitions Committee has been questioning the Government about its response to the coronavirus outbreak.
 
Find out more and watch the Committee put questions suggested by petitioners to Government Ministers and the Deputy Chief Medical Officer: https://committees.parliament.uk/committee/326/petitions-committee/news/145767/committee-question-deputy-chief-medical-officer-and-ministers-on-coronavirus-response/
 
Read letters asking further questions of Government Ministers: https://committees.parliament.uk/committee/326/petitions-committee/publications/3/correspondence/

We only reject petitions that don’t meet the petition standards.