Cornwall: what their redundancy policy pays
Sourced from Cornwall's own published policy, retrieved 2026-08-19.
Cornwall's own policy
Published as Cornwall Pension Fund - Redundancy and Efficiency (member guidance page).
Cornwall's policy confirms it pays statutory redundancy pay only, with no locally discretionary enhancement on top.
"If your age is 55 or over and have at least 2 years pensionable membership in the scheme, you will be entitled to the unreduced payment of your pension and lump sum that you have earned up to the date of leaving employment."
Like every local authority, Cornwall sets this policy under its own discretion (regulation 6 of the 2006 Regulations, below) and can amend it. Read the document itself rather than relying on this summary alone: Cornwall Pension Fund - Redundancy and Efficiency (member guidance page), retrieved 2026-08-19.
A note on this figure: This page confirms the LGPS 55+ position but does not state the council's redundancy/discretionary compensation multiplier or pay basis; the underlying 2006 Regulations policy statement or discretionary compensation multiplier document was not located in this pass.
A note on these figures: the policy details below are published fromCornwall's own linked source document and are correct to our knowledge as at 2026-08-19. Treat them as indicative, read the source document for yourself, and check your own offer against it. Read how our figures are checked.
How this compares with the statutory minimum
Every employee with at least two years' service is entitled to statutory redundancy pay regardless of what their employer's own policy says. As at 6 April 2026, that is calculated using a week's pay capped at £751, up to a maximum of £22,530 for 20 years' service at age 41 or over.
What Cornwall pays on top of the statutory floor, if anything, depends on the route out: several councils apply different terms to voluntary and compulsory redundancy, or to different staff groups. Read the council's own wording quoted above and the source document rather than relying on a single figure, and check your own offer against both.
LGPS and early pension access
Under regulation 30(7) of the Local Government Pension Scheme Regulations 2013, an LGPS member aged 55 or over who is dismissed for redundancy or business efficiency is entitled to immediate payment of their pension, rather than waiting until normal pension age. This is separate from, and on top of, any redundancy payment above.
Cornwall's own policy adds: Age 55+ with at least 2 years' pensionable membership: unreduced payment of pension and lump sum earned up to date of leaving, on redundancy or efficiency retirement. Minimum pension age rising 55 to 57 from 6 April 2028 (transitional protections may apply).
Source: LGPS Regulations 2013 (SI 2013/2356), regulation 30(7). Read the regulations. This does not compute a pension figure; it states the rule only, and does not replace advice from your pension fund.
Settlement agreements at Cornwall
Where a council wants to agree enhanced terms, confirm the LGPS position, or resolve a related dispute alongside a redundancy, it is often documented in a settlement agreement rather than a plain redundancy letter. A settlement agreement is only legally binding once you have received advice on its terms from a relevant independent adviser such as a solicitor, and your employer is usually required to contribute to the cost of that advice.
Before you sign anything, work out what Cornwall's own policy and the statutory minimum add up to on their own, so you can see what a settlement offer is actually adding.
Related
Get your redundancy offer reviewed
A relevant independent adviser, such as a solicitor, can check how Cornwall's offer compares with your statutory entitlement and their own policy before you sign anything. Your employer is usually required to contribute to the cost.