UK Parliament · Public Bill · No. 3802
Pension (Special Rules for End of Life) Bill
[As Introduced]
A
BILL
to
This bill introduces special pension rules for individuals at the end of their life, likely allowing exceptional access to pension funds or modified withdrawal conditions when someone has a terminal diagnosis or limited life expectancy. The precise measures are not detailed in available information, but such legislation typically permits early pension withdrawal, lumpsum distributions, or relaxed drawdown rules without the usual age restrictions or tax penalties that normally apply. The bill aims to give people facing imminent death greater financial flexibility and control over their accumulated pension savings during their final period.
Presented by Greg Smith.
WithdrawnHybridLords
Official Ballot · The People's Chamber
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The people's count38 votes
3% Aye · 197% No · 37
MPs' voteBill withdrawn
Bill was withdrawn before a Commons vote.
Bill passage
Commons
- 1st reading21 Oct 2024
- 2nd reading
