Academies severance payments – GOV.UK

Updated ‘Academy trust severance payments form’ with new wording in line 10.

Updated information relating to special severance payments following guidance issued by HM Treasury.

We have updated this guide with additional requirements following publication of HM Guidance on Public Sector Exit Payments in June 2021.

We have updated the severance payments forms and added the guide for academy trusts seeking approval to make non-contractual payments of or over £50,000 so the information is available on one page.

The Education Funding Agency (EFA) has updated the severance payments form for academy trusts wishing to seek approval for non-contractual payments over £50,000. The main changes to the form are the need to include a financial assessment and the requirement to demonstrate that all alternative options have been explored before deciding to make a non-contractual severance payment.

First published.