Petition · past parliament

Allow people to access their pensions during the Coronavirus crisis

Rejected 14 signatures

What the petition asks

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

Why it was rejected

There was already a petition about this issue. Duplicates are rejected so signatures collect in one place.

You may wish to sign either or both of the following petitions which call for very similar actions:

Give all UK citizens access to their pension pots immediately tax free.
Reduce restrictions on access to private pensions during coronavirus.

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/

Timeline

18 Mar 2020 Petition opened for signatures
20 Apr 2020 Rejected by the Petitions Committee

Key facts

Signatures 14
Status Rejected
Rejected 20 Apr 2020

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Source: the official petition page. Last checked 15 Jul 2026.