I left teaching in October 2015 after 30 years in the profession aged 52. Currently working in another non-teaching job (paying as well as UPS3) but thoughts are now turning to perhaps starting to wind things down, perhaps going 0.6 in my current job and claiming my teachers pension and/or the Prudential AVCs. When I left I was UPS3 (although additionally had been on a TLR for many years up until July 2014 (£2000 ish extra) Therefore a few questions to those more knowledgeable than myself.... 1. As I am still effectively on the old scheme the best last 3 years in 10 applies (I think). Therefore, assuming that my TLR years count then the years 2011/12 to 2013/14 will be my 'best' years? Therefore, is it best to claim prior to 2021 or still wait until 60 when the pension is not actuarially reduced (see below)? 2. If I claim in 2021 (I will be 58 then) then is it right that the pension in reduced by 8% from the 'at 60' level (4% per year) 3. Is it better to claim a bigger lump sum and smaller pension? That might work better for tax purposes if I am still working 0.6 in my current job. I know that dealing with specifics is the job of Teachers Pensions but wondered if anyone had any thoughts on this?