Voluntary early retirement at 60 with reduced state pension

Closed 35 signatures

What the petition asks

Allow people who would like to retire early at 60 to access a reduced state pension, increasing to the full amount when they reach 67 or 68. This would release jobs for younger people and provide a huge amount of potential childcare from grandparents now able to look after grandchildren.

The plan would release jobs for younger people, and money currently spent on unemployment benefits for non-working younger people could be paid as a reduced state pension at 60. People wishing to retire at 60 would be more available to help with child care of grandchildren which we already know is a huge and money-saving help to working parents, thereby benefitting the younger workforce and the economy. Potential for huge benefits to family life, mental and physical health, and quality of life.

Timeline

12 Oct 2020	Petition opened for signatures
12 Apr 2021	Closed to new signatures

Key facts

Signatures 35

Status Closed

Department Department for Work and Pensions

Opened 12 Oct 2020

Closed 12 Apr 2021

Follow this petition