White Papers “Where is the knowledge we have lost in information?”— T.S. Eliot2025When is a Pension Fully Funded?Pension Conundrum: Same or Similar ROADiscount Rates: ASC 842 Lease Accounting and ASC 715 PensionsEarn the ROA… and Contributions Go Up?What’s It All About? Liabilities!Bond Yields… Caveat EmptorOperation Home RunAbsolute Versus Relative ReturnsProblem/Solution: Asset-only FocusProblem/Solution: Generic IndexesThe Pension Crisis of 2000-02Historical Bond Risk and Credit AnalysisHow Bonds Can Enhance the ROAWhat’s Better For a Pension?The Pension Crisis of 2000-02… Déjà Vu?2024Pension Strategy: Play Football!Pension Strategy to Reduce Funding Costs by 20%+Pension Discount Rates: FASB, GASB, ASOPPension ROA - Trick or Treat?Discount Rates: ASC 715 Pensions and 842 Lease Accounting3Q’24 Pension MonitorPension Myth No 3: Plan Assets fund Gross Liabilities Pension Myth No 2: Contributions Are NOT an Asset (in the Funded Ratio)Pension Conundrum - Liquidity RiskPension Myth # 1: Earn the ROA… and All is WellPension Problem: Asset Only FocusThings To Ask Your LDI ManagerThe Smartest BetaRyan ALM, Inc. Celebrates 20th AnniversaryPension Problem - Earning the ROABag the AggBond Index History - Kuhn Loeb IndexesRyan ALM Pension Monitor Q1 2024LDI Benchmark2023Best Way to Duration Match Pension Liabilities? Cash Flow MatchingRyan ALM Pension Monitor Q4 2023Corporate Pension LDI IssuesMagnificent 7: Caveat Emptor!The Evolution of Asset/Liability ManagementPension Solution: Calculated ROADeath, Taxes, and More TreasuriesRyan ALM Pension Monitor Q3 2023Optimizing Asset AllocationPension Doctor: Generalist or Specialist?Pension Confusion - Find the LiabilitiesLiability Beta vs. Market BetaHow To De-risk a PensionRyan ALM Pension Alert Q2’23Ryan ALM Pension Monitor YTD 2023Ryan ALM Pension Monitor Q1’23Cash Flow Matching OverviewImmunizing Pension Expense VolatilityHow To Hedge Interest Rate RiskCash Flow Matching BenefitsPension QuizASOP 4 - Requires Fixed Income Market Discount RatesPension Risk RedefinedPension Alert: Spread between ROA and Bonds Narrowest in 20+ Years2022 Ryan ALM Pension Monitor 4Q’22Ryan ALM Pension Monitor 3Q’22Past Performance is Not Indicative of Future ReturnGreatest Asset of a Pension… TIME!Ryan ALM Pension Monitor 2Q’22The Pension ROA is Plural…ROAsWhy Higher Interest Rates are Good for PensionsHow Bonds Can Enhance the ROARyan ALM Pension Monitor 1Q’22Pension Contributions - The Missing AssetThe Risk/Reward of BondsNIRS Innovative Pension Funding Strategies2021Ryan ALM Pension Monitor 4QRyan ALM Pension Monitor 3QDiscount Rates: ASC 842 Lease Accounting & ASC 715 PensionsMaximize the Efficiency of the Asset AllocationPension Confusion - The Problem with AveragesRyan ALM Pension Monitor 2QPension Alert: Secure Funded Status!Pension Solutions: Dollar Duration Matching + CDI (Enhanced Duration Matching and Cash Flow Matching)Duration vs. Cash Flow MatchingSeven Flaws of DurationPension Quiz: Is it better to have 10% ROA or reduce Funding Costs by 10%? Insurance Buyout Annuities vs. Cash Flow Matching2020Response to: Presidential Memo on PensionsThe Flaws of Bond Indexes…Benchmark, Bogey or Bogus?Ryan ALM Classic: How to Beat a Bond IndexPension Discount Rates: ASC 715 (formerly FAS 158)Best way to hedge pension inflationPension Risk RedefinedChapter in Handbook of Fixed Income Securities: Cash Flow MatchingCash Flow is King!Buy Time!Pension Solutions Series Part 4 - Performance MeasurementPension Solutions Series Part 3 - Asset Exhaustion Test (AET)Pension Solutions Series Part 2 - Liability Beta Portfolio™ (LBP)No Alpha in bonds but…lots of BetaPension Solutions Series Part 1 - Custom Liability Index (CLI)Pension LDI...Cash Flow Matching vs Duration MatchingThe Fed’s Role in Creating the U.S. Pension CrisisPension Inflation =/= CPI2019Butch Lewis ActThe Role of Bonds in Pension Asset AllocationPension Asset Allocation – Strategic, Tactical, ResponsivePension Confusion: Present Value vs. Future Value2018April Fools: Misleading Indicators2017Becoming Liability Aware'PPA Recommendation for Multiemployer Plans2016Synergy of ASC 715 + Custom Liability Index + Liability Beta PortfolioSolutions for Public Pension Plans2015You Can’t Manage What You Don't Measure! by Kamp Consulting SolutionsPension Discount Rates: FASB ASC 715How to De-Risk a Pension PlanThe Smartest Beta2014Solutions for Pension Plans2012NEW PENSION RELIEF ACT - Friend or Foe
