I was looking for some advice on this. I left my full time position a year ago - and as I was just turned 60 I drew my pension. I considered holding off until I was 65 but on doing the calculations I reckoned I would be in my mid 70s before I was worse off taking it now. I was then offered a part-time position equivalent to one day a week whcih I started about a year ago. This academic year it will be upped to about 2 days a week. I am contributing to the teachers 2015 scheme. I'm not sure how long I will keep this part-time position going for, probably until end of session 2020-21 by which time I will be 63. My query is - is it worth paying into the pension scheme or should I not bother and reduce the deductions from my part-time salary? I was thinking of it as building up a small saving but when the time comes will I be able to collect it as a lump sum if I do this?