Ryan ALM
Blog
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...
Unfortunately, the Joke Was On Us!
I started raising alarm bells related to DB pension exposure to alternatives - mainly private equity and private credit several years ago, and have produced roughly a dozen blog posts that touch on this issue. You may recall some of...
ARPA Updated as of March 13, 2026
I'll be wearing my green tomorrow. How about you? Perhaps the luck of the Irish will carry some weight with the PBGC during the upcoming week, but it didn't have much sway last week. The PBGC accepted two revised applications...
DB Pension Plan "Absolute Truths" Revisited
This post may be familiar to some of you, as I originally published it in October 2024. Given today's great uncertainty related to geopolitics, markets, and the economy, I thought it relevant to share once again. Please don't hesitate to...
ARPA Update as of February 27, 2026
Welcome to March and all the "madness" that comes with it! Regarding ARPA and the PBGC's implementation of this critical pension legislation, last week proved to be fairly quiet, and I imagine it will continue to be so, as the...