Important:
This petition was submitted during the 2010-2015 parliament
Petition Increase Pension Lifetime Allowance
More details
The recent budget reduced the LTA to £1.0M. This means that highly experienced doctors, teachers and other DB scheme members may take immediate/early retirement. This will have a significant detrimental effect on users of the NHS, Education services and beyond which will be felt by users within months. Longer term this is a disincentive to skilled workers staying in work in the UK.
This petition closed early because of a General Election
6 signatures
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10,000 signatures required to get a government response