Ryan ALM
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What is My Funded Ratio? Who Cares!
The funded ratio of a DB pension plan gets a lot of attention, especially if it is perceived to be weak. But does the funded ratio truly tell you the whole story as to the financial health of a DB...
What Would You Do?
Happy St. Paddy's Day to my Irish friends (I'm 1/2 Irish) and those that would like to be. May the luck of the Irish embrace you today. As many of you know, we are always willing to provide to the...
Good Question!
We occasionally post questions received in reaction to our blogs in new blog posts since many of our readers might have similar thoughts/ideas. In reaction to yesterday's post, "All-time High Funded Ratio" a reader calling themselves LoudlyObservant (great name) stated...
It's Not A Product - It's A Service!
Anyone who has read my blogs (>1,700 to date) knows that my personal mission and that of Ryan ALM, Inc. is to protect and preserve defined benefit pension plans. How is our collective mission pursued? It is through the implementation...
MV versus FV
There seems to be abundant confusion within certain segments of the pension industry regarding the purpose and accounting (performance) of a Cash Flow Matching (CFM) portfolio on a monthly basis. Traditional monthly reports focus on the present value (PV) of...
Hey, Pension Community - We Have Liftoff!
Not since October of 2023 have we seen long-dated Treasury yields at these levels. Currently, the 30-year Treasury bond yield is 5% (12:47 pm EST) and the 10-year Treasury Note's yield has eclipsed 4.8%. Despite tight credit spreads, long-dated (25+...
That's Not Right!
By: Russ Kamp, Managing Director, Ryan ALM, Inc. I've recently had a series of terrific meetings with consultants, actuaries, and asset owners (mostly pension plans) about cash flow matching (CFM). I believe that most folks see the merit in using...
Pension Myth #1: Earn the ROA...All is Well!
By: Russ Kamp, Managing Director, Ryan ALM, Inc. We are pleased to share with you a recent white paper produced by Ron Ryan, Ryan ALM's CEO. In this excellent piece, Ron reminds us of the fallacy that achieving the ROA...
ARPA Update as of July 26, 2024
By: Russ Kamp, Managing Director, Ryan ALM, Inc. The "dog days" of summer don't seem to be impacting the activity level at the PBGC, as we had a plethora of activity last week. As mentioned on the PBGC website, the...
ARPA Update as of July 12, 2024
By: Russ Kamp, Managing Director, Ryan ALM, Inc. Not only has the weather heated up, but so has the activity at the PBGC as it relates to the implementation of the ARPA pension legislation. During the past week two non-priority...