Ryan ALM
Blog
The Great Debate?
We've attached for you a video highlighting a discussion (debate) between Ron Ryan, Ryan ALM (and a KCS strategic partner) two leading actuaries, and an asset consultant. The session took place at the Florida Public Pension Trustees' Association (FPPTA) conference...
At 73% - Now What?
Milliman, Inc. has released the latest update for their Public Pension Funding Index (PPFI), which covers the nations largest 100 public plans, and it indicates a slight pickup in the aggregate funded status from 72% to 73% as of June...
Most Can't. Can You?
I happened to see an article on the CNBC Money website highlighting the troubling issue surrounding the lack of financial literacy in our country. When asked three basic questions related to inflation, stock risk, and interest, 70% of respondents failed...
Debt Ceiling Follow-up
As a follow-up to our blog post (U.S. Debt Ceiling Debate - Blah, Blah, Blah) from yesterday, U.S. debt held by the Federal Reserve can be written-off at anytime, without consequence. The result of this action would reduce current outstanding...
LA Works retirees’ pensions are slashed
According to a recent article in the San Gabriel Valley Tribune, for only the second time CalPERS was forced to dramatically reduce promised benefits because of a default. In this case, the benefits were slashed by about 2/3rds for the...
U.S. Debt Ceiling Debate - Blah, Blah, Blah
The U.S. Congress is gearing up for another debate on the "debt ceiling". The WSJ is reporting that Mitch McConnell has said that there is a zero chance that the U.S. won't raise the current level. However, we've seen what...
U.S. Falls 3 Places in Global Retirement Rankings
In a recent article on Foxbusiness.com, it was reported that the U.S. has fallen three notches in the global retirement rankings. Although disappointing it cannot come as a surprise to anyone in our retirement industry. For a country as rich...
RI Pension Plan Files for Receivership
GoLocalProv is reporting that the St. Joseph Health Services of Rhode Island pension fund has filed for receivership — the filing puts thousands of pensions at risk. This is one of the largest pension failures in Rhode Island in recent...
Are Low Interest Rates An Impediment to Derisking a DB Plan?
We had a very interesting conversation with a plan sponsor prospect recently who was intrigued with the idea of beginning to derisk their DB plan but had been cautioned by their asset consultant that the strategy made no sense in...
Benefits of Fiscal Stimulus
If you had any question as to the benefits provided by fiscal stimulus in a currency issuing country just look at the recent data coming from Japan. Japan has produced strong economic growth despite maintaining low interest rates, low levels...