I have signed a Deed of Release but have not yet separated from the State Service. What does this mean for me?

The Government recognises that employees who have signed Deeds of Release may have made personal and financial decisions based on the expected taxation treatment and net financial outcome of their separation.

Your agency will provide you with a proposed variation to your existing Deed of Release to reflect the revised arrangements, including the taxation treatment that will apply and any additional payment approved by the Head of Agency.

Your agency will explain the proposed variation, what it means for you and the options available to you before you are asked to make a decision.