Ryan ALM
Blog
ARPA Update as of February 21, 2025
Welcome to the last week in February. Spring can't arrive soon enough in New Jersey! Last week the Milliman organization published its annual review of the state of multiemployer pension plans. The news was quite positive, but in digger deeper,...
Milliman's Multiemployer Study Released
Milliman released the 2024 year-end results of its Multiemployer Pension Funding Study (MPFS). The MPFS analyzes the funded status of ALL U.S. multiemployer DB pension plans. As of December 31, 2024, Milliman estimated multiemployer plans have an aggregate funded ratio...
Friend or Foe?
At hearings yesterday, President Trump’s nominee for secretary of labor, Lori Chavez-DeRemer, faced questions from members of the U.S. Senate Committee on Health, Education, Labor and Pensions . During the questioning, Ms. Chavez-DeRemer did state that she was supportive of...
Parallels to the 1970s?
My recollection of the 1970s has more to do with playing high school sports, graduating from PPHS in 1977, and then going off to Fordham where I would meet my wife in an economics class in 1979. I wasn't really...
Terrific Issue Brief from the American Academy of Actuaries
An acquaintance of mine shared an issue brief that was produced by the American Academy of Actuaries last April. They Academy describe their organization and role, as follows. "The American Academy of Actuaries is a 20,000-member professional association whose mission...
ARPA Update as of February 14, 2025
Credit to the PBGC for not letting Valentine's Day get in the way of a productive week, as they continue to implement the ARPA legislation, which is quickly approaching its fourth anniversary! The eFiling portal has been sporadically open since...
Nothing Here! Really?
Yesterday's financial news delivered an inflation surprise (0.5% vs. 0.3%), at least to me and the bond market, if not to the U.S. equity market. The Federal reserve had recently announced a likely pause in their rate reduction activity given...
Corporate Pension Funding Improves Once Again - Milliman
Milliman has provided its monthly update on the health of corporate America's largest 100 pension plans with the release of the Milliman 100 Pension Funding Index (PFI). The good news continues, as the funded ratio for the PFI plans advanced...
ARPA Update as of February 7, 2025
Welcome to February! I am a day late in reporting on the PBGC's activity from last week, as I was an instructor at the IFEBP's Advanced Trustee and Administrator's Conference. Fortunately, it is in Orlando and not New Jersey, where...
Interesting Insights From Ortec Finance
PensionAge's, Paige Perrin, has produced an article that referenced recent research from Ortec Finance. The research, which surveyed senior pension fund executives in the UK, US, the Netherlands, Canada, and the Nordics, found that 77% believe that risk will be...