◀ The Principal Blog

Posts from the ‘Defined Benefit’ category

Pension Accounting: A Return to the Wild West?

The pension accounting world before 1987 was a wild place, very similar to the western town in the Mel Brooks classic, Blazing Saddles. Before a sheriff was appointed to bring order, the peaceful town of Rock Ridge was chaotic and potentially dangerous. (Why, at any time a band of desperadoes could…

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Avoiding a Pension Risk Management Apocalypse

Placing money into a secure vault has long been equated with safety. Cautious individuals have used this approach for centuries, accepting zero gross returns in exchange for protection against loss of principal. And although the thesaurus suggests “vault” and “safe” are synonyms, the…

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