A friend, retired in 2015 from the public sector opted for increased pension and no lump sum. He has also worked part time in the private sector and subject to PAYE for 30 years. He has paid personal pension contributions on this second income. This salary is not pensionable from this employer . As he has not claimed a tax free lump sum can he organise his private pension to draw down more than the 25% tax free. He will continue to work for this employer for another 5 years. He has considered forming a company to avail of retirement relief but he will not be working for the next 10 years so this may not be suitable.