By: Russ Kamp, Managing Director, Ryan ALM, Inc. Things are getting more interesting. For the first time, the PBGC has denied an application on the basis that the fund did not qualify as a Priority Group 2 plan. The Bakery...

By: Russ Kamp, Managing Director, Ryan ALM, Inc. We are pleased to share with you the Ryan ALM, Inc. Q4'22 Newsletter. As you will note, it was an incredibly challenging year for Pension America if your accounting methodology followed GASB...

By: Ronald J. Ryan, CEO, Ryan ALM Inc. The USA is the largest debtor nation in the world with $23.7 trillion outstanding in US Treasury marketable securities. Such debt comes in the form of routine Treasury auctions of Bills, Notes,...

By: Russ Kamp, Managing Director, Ryan ALM, Inc. We've just published a Pension Alert that highlights the fact that rising bond yields have closed the gap between the 10-year Treasury Note and the average public fund Return on Asset assumption...

By: Russ Kamp, Managing Director, Ryan ALM, Inc. We are pleased to provide you with our weekly ARPA update. Is the third time truly the charm? After submitting and withdrawing two previous SFA applications, the Southern California, Arizona, Colorado &...

By: Russ Kamp, Managing Director, Ryan ALM, Inc. Equable Institute has released a year-end update to their State of Pensions 2022 report. They've concluded that the aggregate funded status of US state and local retirement plans deteriorated from 2021's 83.9%...

By: Russ Kamp, Managing Director, Ryan ALM, Inc. After some fairly intense activity for the PBGC to end 2022, the new year began with a much more measured pace! We are pleased to once again provide this weekly update regarding...

By: Russ Kamp, Managing Director, Ryan ALM, Inc. Four decades of falling rates and easy (supportive) monetary policy certainly have combined to create an expectation among US investors that US interest rates will be low forever and that the Fed...

By: Russ Kamp, Managing Director, Ryan ALM, Inc. September's wild ride within the UK pension market has been replaced by relatively calm seas since. But is that situation an illusion? The following chart highlights some major concerns, as UK Gilts...

By: Russ Kamp, Managing Director, Ryan ALM, Inc. We are pleased to present the Ryan ALM Pension Monitor for Q4'22. We once again highlight for our readers the returns for both assets and liabilities for the calendar year 2022 for...