Rejected petition Allow people to access their pensions during the Coronavirus crisis

Allow people to take money out of their pensions without the normal punitive taxation.

More details

Many people need to dip into their savings during this crisis, but the normal pension rules impose a large tax on money taken out of pensions. If people could access their pension savings, it would be easier to stay afloat for many households, and there would be some more money going into the economy.

This petition was rejected

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 either or both of the following petitions which call for very similar actions:

https://petition.parliament.uk/petitions/305886
https://petition.parliament.uk/petitions/304996.

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

NHS website: https://www.nhs.uk/conditions/coronavirus-covid-19/
UK Government website: https://www.gov.uk/coronavirus

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 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 correspondence with Government Ministers asking further questions: https://committees.parliament.uk/committee/326/petitions-committee/publications/3/correspondence/

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

Date submitted 18 March 2020
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