By: Russ Kamp, Managing Director, Ryan ALM, Inc. We, at Ryan ALM, believe that Risk is best defined as the uncertainty of achieving the objective. Any argument? What is the primary objective of managing a pension plan? Again, we believe...

By: Russ Kamp, Managing Director, Ryan ALM, Inc. It appears that the "Summer doldrums" may have settled in as it relates to the PBGC and ARPA. The last couple of weeks have seen little action. Now, I don't mean to...

By: Russ Kamp, Managing Director, Ryan ALM, Inc. I've had the great pleasure of speaking at a number of industry events so far in 2023. I usually begin my portion of the talk or panel discussion by asking a very...

By: Russ Kamp, Managing Director, Ryan ALM, Inc. We are pleased to provide the weekly update on the PBGC's activity related to the ARPA legislation. There were no new applications submitted for review or approved for SFA payment. However, there...

By: Ronald J. Ryan, CFA, CEO, Ryan ALM, Inc. We are pleased to provide you with this ALM-related "pop quiz". Q: Can a Generic Bond Index Replicate Pension or OPEB Liabilities? A: Never … Mission Impossible! Pension and OPEB liabilities...

By: Russ Kamp, Managing Director, Ryan ALM, Inc. Regular readers of this blog will know to whom I am referring when I mention the name, Carol. I started following Carol's saga from late 2017 to early 2018 and first wrote...

By: Russ Kamp, Managing Director, Ryan ALM, Inc. We hope that you enjoyed a nice long weekend. Here is the weekly ARPA legislative update. Despite the holiday weekend, the PBGC continued to focus on the task at hand. During the...

By: Russ Kamp, Managing Director, Ryan ALM, Inc. Just got an email with the above title. I was intrigued, as I suspect that you might be, too. It was for an upcoming webinar that was being conducted by a mega...

By: Russ Kamp, Managing Director, Ryan ALM, Inc. Not sure if it was a case of Spring fever or the PGA golf event in Rochester, NY, (how about Michael Block?), or just an overwhelming array of applications to get through,...

By: Russ Kamp, Managing Director, Ryan ALM, Inc. First recognized by the United States Congress on May 15, 2006, Endangered Species Day falls every year on the third Friday in May. The day is intended to raise awareness about protecting...