Pay-offs for jaded heads;News;News amp; Opinion
Heads aged between 55 and 59 will be eligible for the packages which could boost pension accounts by up to pound;50,000.
Other teachers will not benefit and heads who are deemed to be leading failing schools will be excluded. Local authorities will pay half the costs.
John Dunford, general secretary of the Secondary Heads Association, said: "This scheme is very limited and for headteachers only. Nevertheless this is very welcome."
The National Association of Head Teachers said 250 heads had enquired in two days about the scheme.