As things stand at the moment TPS is widely regarded as probably one of the best pension schemes around. However, in spite of leaks and rumours, no-one is totally sure just what the forthcoming changes will be, other than we will have to "pay more, for longer, to get less." The scheme looks as if it will move from Final Salary to Average Earnings. Nevertheless, most employers pension schemes are better than individual ones, simply because of the employers contributions. The news, good or bad, will be out this month, so watch this space, as they say.