Closed consultation

Surplus Flexibilities for Defined Benefit Pension Schemes: Unlocking Value for Employers and Scheme Members

From:: Department for Work and Pensions
Published:: 10 June 2026

Summary

Public consultation on draft regulations which set out the conditions that must be met to release surplus from Defined Benefit pension schemes.

This consultation ran from
10:30am on 10 June 2026 to 11:59pm on 2 September 2026

Consultation description

This consultation seeks views on the draft Occupational Pension Schemes (Payments to Employer) Regulations 2027. These draft regulations set out the conditions that must be met for trustees of Defined Benefit pension schemes to make a surplus payment to the sponsoring employer. This will enable more trustees of well-funded schemes to release surplus to the sponsoring employer and benefit members.

Surplus Flexibilities for Defined Benefit Pension Schemes: Unlocking Value for Employers and Scheme Members

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Summary

Consultation description

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