The £95,000 Exit Payment Cap

Please note that the below is relevant for active members of The London Borough of Southwark Pension Fund only.

We’ve added a new page to the website in the ‘Fund information’ section for members who might be affected by the £95,000 cap as the statutory provisions governing exit payments to local government workers are in the process of reform.

Head over to The £95,000 Exit Payment Cap page which includes a detailed explanation and a Q&A.