Washington State Department of Retirement Systems
public plan · State of Washington · Olympia, WA
ACTIVE
A
Pension Health Score
80/100
Funding Status91% Funded
0%80% threshold100%
$114.0B
Total Assets
$125.2B
Total Liabilities
$11.3B
Unfunded Liability
513,796
Participants
Funding History
What This Means for You
Washington State Department of Retirement Systems is in excellent financial health at 91% funded. This means for every dollar the plan owes in future benefits, it has 91 cents in assets to cover it. As a public pension, benefits are typically backed by the taxing authority of the sponsoring government. Participants in this plan have relatively low risk of benefit reductions.
Year-by-Year Funding
| Year | Assets | Liabilities | Funding Ratio | Contributions |
|---|---|---|---|---|
| 2025 | $114.0B | $125.2B | 91.0% | $6.8B |
| 2024 | $110.7B | $118.5B | 93.4% | $6.4B |
| 2023 | $108.9B | $120.4B | 90.4% | $7.1B |
| 2022 | $104.4B | $109.0B | 95.8% | $7.4B |
| 2021 | $98.1B | $107.5B | 91.2% | $7.0B |