◀ The Principal Blog

Posts by Mike Clark, Consulting Actuary, the Principal Financial Group

Investors’ Bond Binge May Cause DB Accounting Hangovers



When the ball dropped over Times Square to ring in 2014, defined benefit (DB) plan sponsors with calendar fiscal years were in a partying mood. For the first time since the financial crisis, corporate bond rates ended the year significantly higher than where they started, sharply reducing pension…

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Odd Law Aims to Smooth Highways and Pension Funding



There are a lot of questions surrounding the recently passed Highway and Transportation Funding Act of 2014 (HATFA). The first may be how to pronounce it. Is it a short “a” like “hat”? As in, “You’ll need a HATFA outside, it’s cold!!” Or is it a long “a” like “hate”? As in,…

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