In an article that appeared on Wednesday, March 1st in the NY Daily News, writer Ginger Adams Otis presented a frightening update on the current landscape for the Pension Benefit Guaranty Corporation (PBGC). According to Otis, the PBGC’s "limited liquidity...

KCS is happy to share with you the latest edition of the Fireside Chat series. This article, written by Dave Murray, speaks to issues related to the defined contribution world. As you will read, plan sponsor liability was a big...

Members of both political parties are deeply worried about the unfolding U.S. retirement crisis, according to a new study by the NIRS. Key findings include: Across Party Lines, Americans Support State Efforts to Enable Savings for Workers Lacking Retirement Plans...

We are pleased to share with you another excellent article/analysis by our friend Keith Jurow. This article discusses the potentially negative ramifications from "cash-out refis". Here you go: Nearly all analysts who write about the housing bubble have focused on...

I don't think that I'd get too much of an argument for making the claim that experience matters in all industries. One should want to work with an individual or team that has experienced a variety of markets and environments....

How are your defined benefit plan's liabilities performing? If you are a public fund plan sponsor this simple question might be very difficult to answer. Why? Well, for one reason, you are only receiving an update annually, perhaps 4- 6...

According to a recent Barron's article written by Thomas Donlon, there are 23 U.S. States whose inflation-adjusted revenues remain below pre-recession levels. This is shocking to me given that we are in year eight of the "recovery". Unfortunately, there also...

We receive a daily email from Pensiontsunami.com that contains recent pension crisis headlines. Most of the articles talk about the unsustainability of public pension plans. Here are a couple of examples from today's list: PENSION CRISIS HEADLINES POSTED FEBRUARY 9,...

Reuters has published an article, titled " Despite risks, public pensions put faith in long-term returns " As usual, the article stresses return as the savior of defined benefit plans. But, achieving the return on asset assumption (ROA) has not...

We are pleased to share with you the latest edition of the KCS Fireside Chat series . In this article we share our opinion on the top 10 retirement and market-related stories of 2016. We look forward to hearing from...