Is the lump sum from a pension scheme taxable?

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If a private DB or DC pension scheme pays a lump sum on retirement, is that taxable under the Taxation of Lump Sums on cessation of employment rules, or does it depend on the pension scheme rules?

Thank you.
 
The max lump sum is 25% of the fund (DC) or 150% of Salary (DB, assuming a minimum of 20 years service).
The first €200,000 is tax-free. Next @300,000 is taxable at 20%.
 
There may be a difference if you have been ever received a redundancy payment. I'm not sure of the exact complication, but there is one.
 
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