The government has begun an informal consultation on reforming section 75 rules on the buyout costs affecting multi-employer schemes where a number of employers, including those in the same group of companies, all have members in the same pension scheme. Currently, employers leaving such agreements have to pay the full buyout cost in relation to their share of pension liabilities where the fund has been secured with an insurer. The government is now looking at relaxing this requirement where a restructuring would not weaken the covenant of the employers standing behind the pension scheme.