Alyson Jones
Joined: 4/15/2024
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Voluntary redeployment ndancycand LGPS lump sum
Hi, I will be taking voluntary redundancy and have to take my LGPS pension straight away. I believe that I can have up to £30,000 tax free redundancy payout. I will actually receive around £21000. If I take the maximum lump sum from my pension, around £36000. Will all that be tax free as well or is there a maximum amount of combined redundancy and pension lump sum?