Tag: lump-sum payment

Administration September 14th, 2017

MOSERS Announces Lump-Sum Offering for Certain Members

The state is trying a pension risk transfer option commonly used by corporate plan sponsors.

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An Interview with Rick Fulford EVP Head of U.S. Retirement at PIMCO

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An Interview with Rick Fulford EVP Head of U.S. Retirement at PIMCO

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An excerpt from Joe Ready's Keynote at PSNC'18

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An Interview with Nathan Voris, Managing Director Retirement Plan Services at Charles Schwab

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An excerpt from Joe Ready's Keynote at PSNC'18

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An Interview with Roberta Rafaloff, VP of Institutional Income Annuities at MetLife

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An excerpt from Joe Ready's Keynote at PSNC'18

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An Interview with Roberta Rafaloff, VP of Institutional Income Annuities at MetLife

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An Interview with Roberta Rafaloff, VP of Institutional Income Annuities at MetLife

Friday, the Dow tumbled 460.19 points (1.77%) to 25,502.32, the NASDAQ gave up 196.29 points (2.50%) to close at 7,642.67, and the S&P 500 shed 54.17 points (1.90%) to finish at 2,800.71. The Russell 2000 was down 56.49 points (3.62%) at 1,505.92, and the Wilshire 5000 lost 620.69 points (2.10%) to close at 28,909.55.

The price of the 10-year Treasury note was up 27/32, lowering its yield to 2.436%, and the 30-year Treasury bond was up 20/32, lowering its yield to 2.869%.

WEEK’S WORTH: For the week ended March 22, the Dow was down 1.34%, the S&P 500 lost 0.77% and the NASDAQ declined by 0.60%. The Russell 2000 lost 3.07% and the Wilshire 5000 gave up 0.97%.