Ryan ALM
Blog
DB Pensions Are NOT Ponzi Schemes!
I recently stumbled onto an article that was highlighting the impending pension crisis (disaster) that is unfolding in Florida. The author's primary reason for concern is the fact that there are now more beneficiaries collecting (659,333) than workers paying in...
You Have An Obligation - Fund it!
By: Russ Kamp, Managing Director, Ryan ALM, Inc. I recently participated in a new program put on by the Florida Public Pension Trustees Association (FPPTA). They've introduced a higher-level program for trustees that really want to dive more deeply into...
Sometimes You Just Have To Shake Your Head
By: Russ Kamp, Managing Director, Ryan ALM, Inc. CIO Magazine recently published an article chronicling the trials and tribulations of the Dallas Police and Fire and Dallas Employees pension systems. This is not the first time that these systems have...
CFM: Buy Time and Reduce Risk
By: Russ Kamp, Managing Director, Ryan ALM, Inc. A traditional DB plan's asset allocation comes with a lot of annual volatility (see the graph below). That volatility gets reduced as one extends the investing horizon, but it is still quite...