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Parliament officials: The house's perks are frequently criticised (Photo: European Parliament)

EU parliament pension fund in the spotlight

Pressure is increasing to overhaul a private-sector pension fund for MEPs under which citizens foot the bill for poor investments, as parliament's 2008 budget discharge procedure enters the final stages.

A decision last April by the legislature's bureau, the body made up of parliament's president and vice-presidents, indicated the EU institution would assume its "legal responsibilities" to ensure members received their full pension entitlements by stepping in to pick up the tab when i...

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Parliament officials: The house's perks are frequently criticised (Photo: European Parliament)

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