Washington State Retirement Systems

  • The state of Washington currently has $114 billion in assets and $13.8 billion in unfunded liabilities.
  • The Tax Foundation ranks Washington #9 in the United States in terms of pension fund health
  • The Washington State pension fund covers 84% of liabilities based on an assumed rate of return of 7.7%
  • According to ALEC however, using a more conservative rate of return, the Washington pension system is just 36% funded. ALEC uses a risk-free return rate of 2.142% (the yield of an average U.S. Treasury bond.)

Mercatus Center State Fiscal Health Report
Washington State Retirement Fund Report 2017
Urban Institute Washington Pension Report

Updated June 2019 based on 2017-18 data.