Academies severance payments
Guide and form for academy trusts considering and seeking approval for special severance payments.
Applies to England
Documents
Details
This guide is for academy trusts considering making special severance payments. It explains what you must consider before making any such payments, and how to seek approval from the Education and Skills Funding Agency (ESFA).
ESFA enquiries
Contact form https://form.education...
For all enquiries for the Education and Skills Funding Agency
Updates to this page
Published 11 March 2014Last updated 5 October 2021 + show all updates
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We have updated this guide with additional requirements following publication of HM Guidance on Public Sector Exit Payments in June 2021.
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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.
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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.
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First published.