Lots of useful (if scary) info posted - lots of people benefitting besides the OP - thanks. I think I need to phone TP asap! I've already resigned (from Aug 31st) but was planning to delay taking my Teachers' Pension until about March, before the value would fall (in, as I thought, April). However, it now seems that the date I need to starting taking pension from would be before revaluation in September? Does anyone know if the date 2006 will drop off is the beginning of September, or later in the month? Thanks.