There seems to be some thawing in the negotiating stances of both Republican and Democratic representatives tasked with creating a viable solution to the unfolding multiemployer pension crisis. As everyone who reads this blog knows, we have long been huge...

We are currently engaged in a project for a large city pension plan with >$3 billion in assets and a funded ratio approaching 20%. The analysis and solutions that we prepared showed that their pension system would be able to...

We've been speculating for a while that the economic impact from Covid-19 was going to be harsh for both states and municipalities, especially as it relates to upping annual contributions to public pension systems. Just how bad the hit is...

I was pleased to read an Op-Ed by Congressman Baron Hill, Indiana's 9th District, calling for support of multiemployer pension reform, which is clearly long overdue. What surprised me though was his comment about the funded status deficit for multiemployer...

Keith Jurow, an excellent real estate analyst, has published another piece on the current state of home ownership in the U.S. His latest article can be found as an opinion piece on the MarketWatch website. Titled, "The COVID-19 lockdown is...

Why do we need pension reform? Here is another example of action being taken by a pension system as it tries to protect what little is left in the pot. The Teamsters’ Building Material Drivers Local 436 Pension Fund of...

I was reading a research report from Fitch related to a Prince William County bond issuance. The proceeds from the bond sale would go to support a number of school projects - great. That is fairly standard and necessary. What...

All of a sudden the US Senate has reached its limit on what can be spent? We are in the midst of an estimated $3.8 trillion budget shortfall for 2020. To put that in perspective, the previous budget deficit record...

I wasn't always a fan of pension obligation bonds (POBs), as study after study revealed in most cases that pension plan sponsors that had issued a POB failed to improve the long-term financial viability of the program. The Center for...

In a blog post from yesterday, titled "Same Old Story", I wrote the following: for those individuals who either chose to retire or were forced to retire prematurely through job losses in 2007-2008, they had no time to make up...