The Washington State pension fund covers 84% of liabilities, with certain subsets of the pension account in over 100 percent funding levels
The state of Washington currently has 74 billion dollars in assets and 13.8 billion dollars in unfunded liabilities, with an accrued liability of 88.17 billion dollars
The Tax Foundation ranks Washington #11 in the United States in terms of pension fund health
Using the new calculation system formulated by ALEC, the Washington State pension has a funding rate of just 31%. This is still middle of road according to these calculations- ALEC uses a risk-free rate for calculating returns on these pensions.