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Allow early access to private pensions during the Coronavirus outbreak

Submitted on Monday 30th March 2020

Rejected on Thursday 14th May 2020

Current status: Rejected

Rejection code: duplicate (see below for details)

Petition Action

Allow early access to private pensions during the Coronavirus outbreak

Petition Details

Following closely in line with Australia's recent economic rescue package, notably allowing applicable citizens to withdraw up to $10,000 from private pensions, thus supporting individuals in the UK during the COVID-19 pandemic.

Additional Information

Should the government sanction such an exception in unprecedented times, people who require financial aid and support when other means are unavailable would alleviate some of the pressure and on a case-by-case basis. For example, my partner are both self employed and have only been trading for six months; we do not meet the criteria for support from the government's recent scheme, only Universal Credit is available however this amount falls far short from what we need and would like to survive.


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This petition was rejected

The Government e-Petitions Team gave the following reason:

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.

petition.parliament.uk/petitions/305886

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