US - The International Brotherhood of Electrical Workers Local 98 pension fund (IBEW) has sued Goldman Sachs accusing the firm of excessive bonus payments.

GLOBAL - Wilshire Private Markets - Wilshire Associates' private equity manager - chief investment officer Jeff Ennis has resigned, while the firm has decided to postpone fundraising for its next fund.

UK/GLOBAL - The aggregate funding position of the 7400 defined benefit funds monitored by the Pension Protection Fund improved to a deficit of £15.1bn (US$22.6bn) in February.

SWITZERLAND - The Swiss voted against a second pillar pension benefits cut introduced in 2008 in a national referendum held yesterday.

GLOBAL - Well over two-thirds of respondents said they have not considered insuring their longevity risk.

GLOBAL - Only 22.2% of the respondents of the Global Pensions 100 Panel said they are using fundamental indexing in their portfolios.

ARGENTINA/US - Argentina has repatriated US$200m of public pension assets frozen in the US by a court order.

NORWAY - The Government Pension Fund Global posted a 25.6% profit for 2009 on the back of equities and fixed income gains.

GREECE - Greece has frozen all state pensions as part of a package of measures worth €4.8bn (US$6.5bn), erasing the announced increases included in the previous budget.

IRELAND - The Irish government unveiled a set of sweeping reforms to the country's pension system which include raising the state retirement age to 68 and the introduction of a mandatory scheme for all workers in the coming years.