Legislation

LITHUANIA - Lithuanian is to to raise the pension age to 65 in a bid to improve the country's finances.

The Prime Minister has become embroiled in the row over raising the state pension age for women.

The government must move forward with the Pensions Bill before the summer recess, Labour pensions spokeswoman Rachel Reeves says.

The government could respond to planned industrial action over public sector pension changes by strengthening anti-strike laws, business secretary Vince Cable has warned.

US - The board of the California State Teachers' Retirement System (CalSTRS) has voted to support proposed legislation to help curb pension spiking.

AUSTRALIA -Plans to introduce a levy on regulated supers to help recompense members is unfairly favourable towards larger funds, industry bodies claim.

Government will launch a formal consultation on legislation to overhaul section 75 debt regulations over the summer, the DWP has confirmed to PP.

The Postal Services Bill has been amended in the House of Lords to safeguard the Royal Mail Pension Plan if the scheme is broken up in future.

Senior local government officials have written to government minister Eric Pickles warning him maintaining a final salary link for past service in LGPS is unfair to local council taxpayers.

The government must take "urgent" action to clarify public sector reforms and end the uncertainty engulfing its plans, the National Association of Pension Funds says.