I'm taking a few moments to depart from my nearly singular focus on preserving DB plans for the masses to comment on something that I read this morning. The following came across my desk, and it echoes a claim that...

I just penned the following article, “ How Defined-Benefit Pension Plans Can Be Saved ” for publication on the Investopedia.com website. We, at KCS, hope that you find our insights beneficial, and we look forward to having the chance to...

Usually, congratulations are in order for finishing first, but in this situation, I will hold back on my celebration. Why? I am not inclined to applaud the Treasury Department's decision to approve the rescue request for Iron Workers Local 17...

We are pleased to share with you the KCS Fourth Quarter 2016 update . As you will read, 2016 was a good year for DB plan funded ratios, as U.S. long rates backed up marginally from the beginning of the...

The migration from DB plans to DC plans isn’t working for the individual participant, and it will only get worse! As a result, a retirement crisis is unfolding in the US, and the social and economic ramifications are likely to...

We recently penned a post on the sustainability of public DB plans given the escalating cost to fund them. Here is another example, presented to us through a P&I article , highlighting the contribution to CalPERS that will rise by...

KCS is a leading voice in the trying to rescue DB pension plans. We established KCS in August 2011 with the mission to try to preserve these incredibly important social and economic tools. We need to be able to manage...

I have been so very fortunate during my 35+ years in the investment industry to work with and learn from so many incredibly bright individuals. One particular individual, Charles DuBois, is a former colleague of mine from my days as...

Thanks to the folks at Asset.TV for providing KCS with an opportunity to present our views on how DB plan sponsors can become more liability aware. The presentation addresses the KCS / Ryan ALM 6 step roadmap on getting more...

Happy New Year from KCS! We wish for you an incredible 2017, one filled with great health, family, friends, and prosperity. We are pleased to share with you the latest edition of the KCS Fireside Chat series . In this...