The Pensions Bill will introduce a £144 flat-rate state pension from April 2016, the Queen's Speech confirmed today.
Public sector pensions need further reform before 2020 to avoid an annual £32bn liability for UK taxpayers, Centre for Policy Studies research fellow Michael Johnson says.
The Government has issued a call for evidence after the Public Service Pensions Bill passed its second reading in parliament this week.
The Pensions Bill 2010/11 has today received royal asset becoming the Pensions Act 2011.
The Pensions Bill has cleared both Houses of Parliament and will become law after a last-ditch Labour attempt to amend it was rejected in the Lords.
Labour has made a last attempt to stall the government's increase to the state pension age in the very last stages of the Pensions Bill.
Lawyer warns that Pensions Bill amendment may have unintended consequences for some schemes.
Legislation curtailing pension charges for deferred members has been announced by pensions minister Steve Webb.
The Pensions Bill which raises the state pension age to 66 by 2020 has passed its third reading in the House of Commons with 287 votes to 242.
Legislation curtailing pension charges for deferred members has been announced by pensions minister Steve Webb.