Ryan ALM
Blog
It Is The Size Of Account That Matters!
The Center of Retirement Research at Boston College has found that participation rates don't vary for those participants who have or don't have student loan debt. So what! Given auto-enrollment features found in many defined contribution plans the fact that...
Could It Be?
Vanguard has just released their annual report - " How America Saves" - which is a review of the defined contribution plans that they administer. There are some very troubling statistics in this analysis. The U.S. equity market, as measured...
Oops, There Goes Another "Surplus"
Santa Maria, CA, has a biennial "balanced" budget, but at what cost? As an elected official in Midland Park, NJ (Borough Councilman), I am keenly aware of the impact on municipal budgets from rising pension and healthcare costs. Our budget...
Mississippi Increases Employer Contributions - Will It Be Enough?
In an attempt to sure up the public pension system in Mississippi the trustees for the Public Employees' Retirement System pension board have voted to increase contribution levels for employers, including state agencies, public schools, public universities, community colleges, cities,...
KCS on Asset.TV
Last Friday, I had the opportunity to once again speak with Asset.TV's Sarah Makuta. The conversation took place in Central Park which was a lot of fun despite having to wear a suit in a nearly 100-degree temperature. I'm pleased...
Don't Let History Repeat Itself
The Great Financial Crisis dealt a serious blow to the funded status of most public and multi-employer pension systems as well as many private plans, too. However, many private systems have done something about the volatility in pension funding by...
The Failed St. Joseph's Pension Fund
As many of you know, the St. Joseph's Health Services pension fund failed . The innocent victims are once again the plan participants who were counting on that benefit to get them through their golden years. Fortunately, action has been...
Wait, The Cavalry May Just Be Around The Bend!
According to a recent article in Pensions and Investments, Western States Office and Professional Employees Pension Fund, Portland, OR, has filed for benefit relief for the third time. Previous applications have been withdrawn. The Treasury Department has 225 days to...
Raising Taxes Won't Help You, Mr. Murphy!
New Jersey Governor Phil Murphy is trying to convince both parties that what NJ needs is more taxes as if we aren't taxed enough! However, to Murphy's credit, he's not leaving anyone out in his quest for additional revenue as...
Funded Ratios Under Renewed Pressure
The following is courtesy of Mark Grant and the FT: (FT) The escalating trade fight between the US and its allies sent investors scurrying for the relative safety of government debt and pushed the difference between short- and long-dated bonds...