◀ The Principal Blog

Posts from the ‘Defined Benefit’ category

Pension Defenestration: Ejecting Risk Through Lump Sum Windows



I was unwinding from a long day of discussing lump sum windows with defined benefit (DB) plan sponsors, when I happened upon the “Story Notes” edition of the epic movie Braveheart. If you’re unfamiliar, Story Notes are interesting factoids that appear at the bottom of the screen throughout…

Read more

HZ1226LiabilityBear

Outrunning the Liability Bear



There’s an old joke, most famously told by Ronald Reagan, featuring two men who are surprised by a grizzly bear in the woods. As the bear snarls and prepares to charge, the first man calmly pulls a pair of running shoes from his backpack and begins lacing them up. The second man scoffs, “What…

Read more

Recent