Hi Sorry to start a new thread (I have another one on 'Opting out of Pension' going), but I'd just like people to run through my calculations for the amount I can expect from a phased retirement and I didn't want it burying in there. Just got off a long call to TP which has left me very confused. I thought I had my head around this, but clearly not. I'm going to round the figures off to make it a bit clearer, but here goes. I will have 28 years in on August 31 2019 I took 25% phased retirement 4 years ago and had this calculated on 6 years service. My plan was to take a further 50% on August 31 2019 I thought I would be claiming 50% of the years I had left after the 6 years had been deducted ie 50% 0f 22 = 11 years TP are telling me that I have to follow these steps to calculate how many years I use: Total service (28) divided by 2 = 14 years Then deduct how many years I have already claimed, so 14 - 6 = 8 years So a further 50% of phased retirement is 8 years. I had been using: Total service (28) subtract years already claimed, so 28 - 6 = 22 Then 50% of that = 11 years. That would give a total of 6 + 11 years = 17 years, which is 60% of my total service The initial 6 years for the 25% phased + the 8 years for the further 50% phased = 14 years, which is exactly 50% of my total service. I thought they had misunderstood and were giving me the figures for 50% in total and not a further 50%. Their method seems a bit weird to me (especially the divide by 2 bit right at the start), but TP were adamant that that is how it is calculated. If it is, fair enough, but I'd appreciate thoughts on this. If I'm right, what happens next?