Finally, a little support for Social Security recipients, as there will be a 2.8% cost-of-living increase next year. Roughly 62 million Americans will benefit from this increase, but before we get too excited understand that we are talking about the...

Deloitte is reporting that 401(k) loan defaults have cost participants more than $2.5 trillion in lost retirement earnings. As shocking as that number seems to be it really isn't. We've been referring to 401(k) plans as glorified savings accounts since...

I'm much less concerned about the federal government accumulating debt as a result of the growth in student loans, as I am American households, especially those at or below median family wealth. The growth in student loan debt is crippling...

Private equity firms and public pension systems have enjoyed a symbiotic relationship for years, with the latter providing the capital (about 35% of private equity capital comes from public pension systems) to the former to invest with the hope that...

S&P 500 companies with defined benefit pension plans continued to show improved funded status in September, as assets were up marginally along with rising discount rates, which reduce the present value of the plans' future liabilities. Given the improved funded...

We are happy to share with you the third quarter Ryan ALM Pension Letter . For public pension systems and multiemployer plans that continue to value plan liabilities under GASB using the ROA, liability growth using the return on asset...

The WSJ has produced an article in today's edition addressing the impact of the retirement wealth gap that exists among Americans. We, at KCS, have been forecasting profoundly negative economic and social ramifications due to the retirement industry's failure to...

Here is a note that we received from Ron Auer, Executive Director, CORPaTH regarding the Joint Select Committee on Solvency of Multiemployer Pension Plans. As Ron says, we are entering a critical time. At Ryan ALM and KCS, we'd like...

There are many U.S. states that conduct on-going (and necessary) training for public fund trustees. I've been fortunate to speak at a number of these events since KCS was created. The folks at the Florida Public Pension Trustees Association (FPPTA)...

There is little question that passing the Butch Lewis Act is of paramount importance for the roughly 114 Critical and Declining multiemployer pension systems. These plans are forecast to become insolvent within the next 15 years, and many much sooner,...