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Do not increase the minimum age for accessing private pensions from 55 to 57

Submitted by Mark Preston on Wednesday 9th September 2020

Published on Wednesday 16th September 2020

Current status: Closed

Closed: Tuesday 16th March 2021

Signatures: 44

Relevant Departments

Tagged with

Access ~ INCREASE ~ Pensions

Petition Action

Do not increase the minimum age for accessing private pensions from 55 to 57

Petition Details

In 2014 the government announced it would increase the minimum pension age to 57 from 2028, but people have planned on the basis that they will be able to access their private pensions from the age of 55, and this should not be increased.

Additional Information

Many people are working hard to pay into a pension with a view to being able to access this from the age of 55. Increasing this age would not be fair, and the Government should not take this action.


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