Ryan ALM
Blog
How To De-risk A DB Pension Plan
We are pleased to share with you Ryan ALM's latest research paper, "Pension De-risking, Cash Flow Matching versus Duration Matching". You can view the full white paper here . Many defined benefit systems, especially within the private sector, have been...
Call It A Rebate!
Opponents of the Butch Lewis Act (H.R. 397) talk about this legislation as nothing more than another federal bailout that will further negatively impact the U.S. taxpayer. I say hogwash! If the taxpayer truly understood what the pension benefits actually...
Help The Patient - Not the Morgue!
President Trump's proposed budget for fiscal year 2020-2021 has two new premiums to help sure up the Pension Benefit Guaranty Corporation's (PBGC) multiemployer insurance pool. The White House's Office of Management and Budget estimates that the current PBGC multiemployer pool...
Mr. Senator - Are You Listening?
For the past couple of years, we've been reporting on Carol and the cruel reality that she faces as a result of her multiemployer plan getting benefit relief under MPRA. We told you that there are 1,000s of similar stories...
Safe and Sound? Hardly!
I'm going to be a bit of a jerk this morning, so please bear with me. I was reading an article about the new crop of DB pension CIOs and how they are likely to be better prepared than the...
More On January's Liability Growth
According to Milliman, which produces regularly the Pension Funding Index (PFI), the top 100 US Corporate plans witnessed their pension plan funding deteriorate by $73 billion. The primary driver of this poor performance was the continuing fall in the discount...
U.S. Treasury To Issue 20-Year Bonds (Again)
It has been 34 years since the U.S. Treasury last consistently issued a 20-year bond, but they have announced plans to once again bring these bonds to the market. According to an article in FinReg which cited an article By...
Yes, It Is Different - So What!
Would you utilize a strategy that enhanced return relative to the strategy that is currently used in your portfolio, especially if it eliminated interest rate risk, secured a plan's Retired Lives, improved the fund's liquidity profile, and cost LESS? This...
A Chilly Start To The Year For Pension America
The weather in the Northeast has been seasonally mild to start 2020, but that doesn't mean that DB pension plans haven't had a cold start to the new year, as funded ratios have declined roughly 3%-5% in January according to...