Legislation

The Public and Commercial Services Union is to call another one-day strike in November as part of its fight against changes to public sector pensions.

Even full implementation of Lord Hutton's proposals to overhaul public sector pensions would not create a sustainable pension system, a Centre for Policy Studies report finds.

An employment tribunal ruling in favour of a gay couple fighting for pension rights could clear the way for a challenge in the European Court of Justice, a lawyer claims.

Pensions minister Steve Webb has vowed short service refunds will not be part of the future pensions landscape, and warned employers not to factor them in when selecting a scheme.

Proposals to implement a new LGPS with lower accrual rates could be used as a short-term fix to generate millions of pounds in savings required from the scheme by Treasury next year.

Major new accounting principles look set to overhaul how US public plans present their finances. Helen Morrissey looks at how these changes could affect a sector struggling to deal with its liabilities

US - Local unions have filed a lawsuit against New Jersey to overthrow a new law which requires employees to contribute more for their pension.

NEW ZEALAND - The New Zealand Superannuation fund has returned 25.05% for its fiscal year ending June 2011.

Complications associated with the changes to the contracting-out regime should trigger scheme sponsors into reviewing their benefits they want to offer, a consultant says.

Failing to keep an accurate record of member data can have expensive consequences on wind-up in spite of legislation in place to protect trustees, a lawyer warns.