Ryan ALM
White Papers
Pension Problem: Future Values
The true objective of a pension is to secure promised benefits in a cost-effective manner with prudent risk. Pension benefit payments are future value numbers. We do not know the future value…
The Pension Crisis of 2000-02
In my 2013 book “The U.S. Pension Crisis” I detailed the causes of the 2000-02 pension crisis where funded ratios deteriorated significantly from a surplus position in the 1990s. This...
What’s Better For a Pension?
Asset returns are uncertain and very volatile. The S&P 500 is a good example. Since 1990 this index has enjoyed 13 years of 20% + growth. Unfortunately, it was accompanied...
Pension Confusion - Find the Liabilities
Securing and funding liabilities in a cost-efficient manner with prudent risk is the true pension objective. Although liabilities should be the focus of pensions, it is hard to find liabilities...
Pension Quiz
Is it better to have 10% ROA or reduce Funding Costs by 10%? The primary objective of a pension is to secure benefits (Retired Lives) in a cost- efficient manner...
Ryan ALM Pension Monitor 4Q’22
4Q 2022 Ryan ALM Pension Monitor (Through December 31, 2022) Pension plan liabilities need to be measured and monitored regularly. Without knowledge of plan liabilities, the allocation of plan assets...
Ryan ALM Pension Monitor 3Q’22
3Q 2022 Ryan ALM Pension Monitor (Through September 30, 2022) Pension plan liabilities need to be measured and monitored regularly. Without knowledge of plan liabilities, the allocation of plan assets...
Ryan ALM Pension Monitor 2Q
Ryan ALM Pension Monitor (Through June 30, 2021) Pension plan liabilities need to be measured and monitored regularly. Without knowledge of plan liabilities, the allocation of plan assets cannot be...
Ryan ALM Pension Monitor Q1 ‘22
Ryan ALM Pension Monitor (Through March 31, 2022) Pension plan liabilities need to be measured and monitored regularly. Without knowledge of plan liabilities, the allocation of plan assets cannot be...
Ryan ALM Pension Monitor 4Q ‘21
Ryan ALM Pension Monitor (Through December 31, 2021) Pension plan liabilities need to be measured and monitored regularly. Without knowledge of plan liabilities, the allocation of plan assets cannot be...
Ryan ALM Pension Monitor 3Q ‘21
Ryan ALM Pension Monitor (Through September 30, 2021) Pension plan liabilities need to be measured and monitored regularly. Without knowledge of plan liabilities, the allocation of plan assets cannot be...
Ryan ALM Pension Monitor 2Q ‘21
Ryan ALM Pension Monitor (Through June 30, 2021) Pension plan liabilities need to be measured and monitored regularly. Without knowledge of plan liabilities, the allocation of plan assets cannot be...