This petition was submitted during the 2020-2024 Conservative government

Rejected petition Terminally ill can claim state pension up until death before pensionable age

After Death Nominated Beneficaries recieve a % lump sump from the monies left in the pension pot
For example :- a £100,000 pot with 4 named Benefiaries each would recieve £25,000 Tax Free

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In my case I would nominate my two Daughter's as Beneficiaries aged 25 & 21 this payment would go a long way to enable them to get a mortgage and on the Property ladder, which in turn would give the housing Market a boost

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.

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You may wish to sign this petition which calls for a similar action: https://petition.parliament.uk/petitions/631017

The state pension gives people an entitlement to a weekly payment once they reach state pension age. Individuals do not have a personal "pension pot", which could be distributed to inheritors.

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