Since the first use of Pension Obligation Bonds (POB) in 1985 (Oakland, CA), results have been checkered at best. Boston College Center for Retirement Research (CRR) has produced two studies related to POBs and neither shines a great light on...

It has been reported that the American Federation of Musicians and Employers’ Pension Fund (AFM-EPF) has decided to pull the application for benefit reductions under MPRA and "bet" that the recently passed American Rescue Plan Act will provide a superior...

We know that the accounting rules differ quite significantly in the treatment of discount rates for public (GASB) and private pension plans (FASB). Do the differences manifest in asset allocation? According to the following two charts, the answer is yes,...

There are 18 multiemployer plans that "successfully" filed for benefit relief under MPRA. Benefit cuts in excess of 50% have occurred for some of the retirees bringing with them true hardship for the participant and their families. With the passage...

We've been dedicating some time in our blog to the American Rescue Plan Act (ARPA), as it is an incredible piece of legislation designed to protect and preserve struggling multiemployer DB plans for the next 30-years through segregated financial assistance...

As we've consistently said, the American Rescue Plan Act (ARP) is wonderful for the plan participants, but it does little to address some longer-term issues in multiemployer pension plans that could secure them further into the future. One such issue...

We, at Ryan ALM, don't just focus on DB pension systems, as any entity with a liability is fair game, such as OPEB, E&Fs, Nuclear Decommissioning Trusts, etc. What is important to note, is that we focus all of our...

According to a chart shared on LinkedIn.com by Lori Lucas, President and CEO, Employee Benefit Research Institute, 1989 was the year when Pension America truly began to be impacted by the looming pension crisis. Why 1989? This was considered the...

One more vote! That is all that remains before multiemployer plans (and their participants) finally get the pension relief that they've sought and needed for years. Some of you may have missed the fact that the $1.9 trillion stimulus package...

I was really pleased to participate in a CAIA panel discussion on February 23rd. The panel was asked to address "Solutions for Optimizing US Pension Structures with CAIA SoCal, Session 1 of a Series". You can find the video here...