Guidance

Mutually Agreed Resignation or Voluntary Severance schemes

This provides an update on Mutually Agreed Resignation (MAR) or Voluntary Severance (VS) schemes for foundation trusts.

Documents

Details

Foundation trusts no longer require explicit authorisation from HM Treasury (HMT) to run a MAR / VS scheme and now have the delegated authority to implement local MAR schemes within the 2015/16 financial year subject to set conditions. The guidance outlines these conditions and what to do if a proposed scheme does not meet them.

Published 3 June 2015