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Who pays for costs of early retirement / voluntary redundancy?

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Who pays for costs of early retirement / voluntary redundancy?

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Trust schools remain local authority maintained schools. As with other categories of school, the local authority will normally pay for early retirement and voluntary redundancy as long as the situation in question meets the criteria set out in the local authoritys policy. The teachers’ pensions regulations require local authority agreement to award premature retirement, whether the employment has been terminated on grounds of redundancy or efficient discharge. The position on decision making and how costs are met should be clearly set out by the authority so that all schools know where they stand. Ill-health retirement costs are met by the scheme and all TPS employers pay the same employer rate.

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