By: Russ Kamp, Managing Director, Ryan ALM, Inc. With the demise of the defined benefit plan for many works in the US private sector, Social Security benefit payments become ever more important for a greater percentage of the American retirees...

By: Russ Kamp, Managing Director, Ryan ALM, Inc. Milliman released the results of its latest Milliman 100 Pension Funding Index (PFI), which analyzes the 100 largest U.S. corporate pension plans. They reported that July was a very strong month for...

By: Russ Kamp, Managing Director, Ryan ALM, Inc. The management of a pension system should be done in similar fashion to how both insurance companies and lottery systems operate. They know what the future value of liabilities are that they...

By: Russ Kamp, Managing Director, Ryan ALM, Inc . No Summer doldrums for the PBGC, as last week witnessed considerable activity for the ARPA program. There were three pension plans that received approval for the SFA. In addition, there were...

By: Russ Kamp, Managing Director, Ryan ALM, Inc. I recently published some info from a Vanguard 401(k) survey that indicated that the "average" account balance for a near-retirement participant (decade or less) was an anemic $71,000. Yesterday, there was an...

By: Russ Kamp, Managing Director, Ryan ALM, Inc. We at Ryan ALM, Inc. have been preaching the benefits of Cash Flow Matching (CFM) for nearly two decades. So, when we see one of the big boys (large fixed income shop)...

By: Russ Kamp, Managing Director, Ryan ALM, Inc. We are pleased to provide you with the weekly update on the PBGC's progress implementing the ARPA legislation passed in March 2021. The program to distribute the Special Financial Assistance (SFA) has...

By: Russ Kamp, Managing Director, Ryan ALM, Inc. US interest Rate moves have certainly impacted the capital markets in the last 15 months. The impact during 2022 was mostly negative as both bonds and stocks saw major declines in valuations....

By: Russ Kamp, Managing Director, Ryan ALM, Inc. We are pleased to share with you an update on the PBGC's implementation of the ARPA legislation. During the prior week, two more pension plans were permitted to submit applications from the...

By: Russ Kamp, Managing Director, Ryan ALM, Inc. I've published a couple of posts recently on the subject of DC outcomes and retirement readiness, including How's This Social Experiment Working? I saw more info on the subject today, as the...