By: Russ Kamp, Managing Director, Ryan ALM, Inc. We are pleased to provide you with the weekly update on the PBGC's progress in implementing the ARPA legislation. Last week witnessed seven multiemployer plans receiving approval for their SFA applications. In...

By: Russ Kamp, Managing Director, Ryan ALM, Inc. It seems to us that the investment community is all in on the idea that inflation has been tamed and that a 2% CPI or PCE is right around the corner. But...

By: Russ Kamp, Managing Director, Ryan ALM, Inc. I believe that Pension America would be well served by adopting the SWAN strategy. These majestic birds embody a serenity that anyone would appreciate that has to deal with the uncertainty of...

By: Russ Kamp, Managing Director, Ryan ALM, Inc. 2022 proved to be a very good year for active large-cap (LC) US equity managers relative to the S&P 500 even if few managers made money on an absolute basis. For the...

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%...