By: Russ Kamp, Managing Director, Ryan ALM, Inc. The PBGC has just announced the following: On Friday, March 10, 2023, the priority group application period (Groups 1-6) as specified in the SFA regulation will end, and on Saturday, March 11,...

By: Russ Kamp, Managing Director, Ryan ALM, Inc. We are pleased to provide our weekly update on the implementation of the ARPA legislation. The week ending March 3rd had plenty of activity, as there were 6 applications filed, including a...

By: Russ Kamp, Managing Director, Ryan ALM, Inc. The Millennial, Gen X, and Gen Z cohorts are facing a huge challenge, as it pertains to funding education, a home, and now a "retirement" account. They must make some very difficult...

By: Russ Kamp, Managing Director, Ryan ALM, Inc. We all know that 2022 was a terrible year for total return-seeking (TRS) bond managers. In fact, it was the worst year by far since the creation of the Lehman Aggregate Index...

By: Russ Kamp, Managing Director, Ryan ALM, Inc. Fidelity has recently reported that the average 401(k) balance declined by -23% in 2022. Vanguard reported that their "average" 401(k) account declined by -20% . In case you thought IRAs may have...

By: Russ Kamp, Managing Director, Ryan ALM, Inc. At Ryan ALM, Inc., we love bonds because of their cash flows, carefully matching those principal and interest payments with a pension plan's unique liability cash flows (benefits). Importantly, one doesn't have...

By: Russ Kamp, Managing Director, Ryan ALM, Inc. We are pleased to provide you with this very brief update on the implementation of the ARPA legislation. I know that kids in our local school district were off for the week...

Russ Kamp, Managing Director, Ryan ALM, Inc. The following post was drafted on March 22, 2022. I'm not sure why I didn't publish it then, but the content remains quite relevant. It isn't too late to do something to help...

By: Russ Kamp, Managing Director, Ryan ALM, Inc. I just got my latest email from the folks at the IFEBP - thank you! They provide wonderful and relevant content each day, if not more frequently. The following grabbed my attention:...

By: Russ Kamp, Managing Director, Ryan ALM, Inc. I recently returned from an industry event focused on public pension plans. There were many important topics covered by excellent presenters. That said, I have to push back on the idea that...