Ryan ALM
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ARPA Update as of March 29, 2024
By: Russ Kamp, Managing Director, Ryan ALM, Inc. Good morning, and welcome to a new month/quarter. Still feels like winter in the northeast! But there has been a thaw with regard to activity at the PBGC as they implement the...
The Importance of Liquidity
By: Russ Kamp, Managing Director, Ryan ALM, Inc. I recently came across an article written by a friend of mine in the industry. Jack Boyce, former Head of Distribution for Insight, penned a terrific article for Treasury and Risk in...
Public Pension Funding Improves - Milliman
By: Russ Kamp, Managing Director, Ryan ALM, Inc. Milliman is reporting that funding for public pensions improved in February. According to Milliman's Public Pension Funding Index (PPFI), which analyzes data from the nation’s 100 largest public defined benefit plans, the...
ARPA Update as of March 22, 2024
By: Russ Kamp, Managing Director, Ryan ALM, Inc. "March Madness" is upon us. How's your bracket doing? I still have my champion in the running, but not much more than that. The past week was very quiet with regard to...
Are We Witnessing a Heavy Weight Fight?
By: Russ Kamp, Managing Director, Ryan ALM, Inc. Most everyone is aware that monetary policy has gotten much tighter than we've witnessed in multiple decades, especially on the heels of the Fed's zero interest rate policy (ZIRP). As a reminder,...
Financial Conditions Are Not Tight
By: Russ Kamp, Managing Director, Ryan ALM, Inc. Yesterday we received the latest update from the Federal Reserves and the message was pretty straightforward. They indicated that they are observing "higher growth and slower deceleration of inflation". They once again...
Overpayment of SFA to be Refunded
By: Russ Kamp, Managing Director, Ryan ALM, Inc. As those who regularly follow the Ryan ALM Inc. blog know, we report each week on the status of the PBGC's effort to implement the ARPA legislation for multiemployer plans. In those...
ARPA Update as of March 15, 2024
By: Russ Kamp, Managing Director, Ryan ALM, Inc. We hope that you enjoyed your St. Patty's Day weekend. Here is your weekly ARPA update on the progress of the PBGC as it implements the legislation. Last week saw a little...
Corporate Pension Funding Continues to Improve
By: Russ Kamp, Managing Director, Ryan ALM, Inc. The Milliman organization does a terrific of providing frequent and very useful updates through their Milliman 100 Pension Funding Index (PFI). They are reporting that the funded status improved by $26 billion...
ARPA Update as of March 8, 2024
By: Russ Kamp, Managing Director, Ryan ALM, Inc. March has certainly blown in like a lion, especially on the east coast, where we've been living under wind advisors for the last few days. Fortunately, those haven't been headwinds and as...