Here's the info from the official
DVC web site for those who can't login:
Walt Disney World Annual Pass Discount
Disney Vacation Club Members and their immediate family (living in the same household) are eligible to receive discounts on new and renewed 2005 Walt Disney World® Annual and Premium Annual Passes beginning January 2, 2005.
Enjoy 365 days of magic. Passholders can come and go as they please through all four Theme Parks for an entire year.* Go from Theme Park to Theme Park on the same day, or choose to do even more with a Premium Annual Pass.
Every Walt Disney World Annual Pass provides:
Unlimited admission* for 365 days to the four Walt Disney World Theme Parks
The flexibility to go from Theme Park to Theme Park on the same day
A wide array of Passholder benefits, such as special Passholder events throughout the year
Theme Park parking is included
Every Walt Disney World Premium Annual Pass provides everything a Walt Disney World Annual Pass provides, PLUS:
Unlimited access* for 365 days to Downtown Disney® Pleasure Island; Walt Disney World Water Parks: Blizzard Beach and Typhoon Lagoon; Disney's Wide World of Sports® Complex (days of operation depend on event schedule: some events require a separate admission charge); and DisneyQuest® Indoor Interactive Theme Park (excluding prize play games)
*Excludes separately priced activities and events.
Passes can be purchased online by visiting dvcmember.com or at any Guest Relations location at all four Walt Disney World Theme Parks and the Downtown Disney area beginning January 2, 2005. Your Disney Vacation Club Member ID card must be provided and all adults must present a valid driver's license or state identification card showing they reside in the same household. Limit 8 purchases per household.
When a Walt Disney World Annual or Premium Annual Pass is ordered through dvcmember.com, an exchange certificate will be sent to you via mail. The certificate can be redeemed at any Walt Disney World Theme Park ticket window by presenting the exchange certificate, your Disney Vacation Club Member ID card and all adults must present a valid driver's license or state identification card showing they reside in the same household. The Pass is good for 365 days from exchange certificate redemption. Renewals will be valid for 365 days from original Pass Anniversary Date.
When a Walt Disney World Annual or Premium Annual Pass is purchased through any Walt Disney World Theme Park or the Downtown Disney Guest Relations location, your Disney Vacation Club Member ID card must be provided and all adults must present a valid driver's license or state identification card showing they reside in the same household. The Pass is good for 365 days from the date of purchase. Renewals will be valid for 365 days from the original Pass Anniversary Date.
2005 Member Savings
Walt Disney World® Resort Ticket Product
Discount Off Retail Price
Ages 10 + Ages 3 - 9
Annual Pass $100.00 $85.00
Florida Resident AP $20.00 $17.00
Annual Pass Renewal $75.00 $64.00
Premium Annual Pass $125.00 $106.00
Florida Resident Premium Annual Pass $25.00 $21.00
Premium Annual Pass Renewal $95.00 $80.00