Major pension plans in the state
| Plan Name | Assets (millions) | Participants | Funded Ratio | Percent of ARC Paid | Retirement System that Administers the Plan |
|---|---|---|---|---|---|
| Washington LEOFF Plan 2 | 19,616.4 | 27,372 | 104.0 | 100.0 | Washington Department of Retirement Systems |
| Washington PERS 2/3 | 58,846.8 | 269,101 | 95.0 | 101.0 | Washington Department of Retirement Systems |
| Washington School Employees Plan 2/3 | 8,749.5 | 102,801 | 91.0 | 101.5 | Washington Department of Retirement Systems |
| Washington Teachers Plan 2/3 | 23,149.2 | 114,301 | 90.0 | 101.0 | Washington Department of Retirement Systems |
| Seattle ERS | 20,308 | 75.7 | Seattle Employees Retirement System |
Source: Public Plans Database (as of 2022)
Public Cost
Annual Required Contribution as percent of State and Local Own-Source Revenue, 2001-2022
| Fiscal Year | WA | US |
|---|---|---|
| 2001 | 1.4 | 2.9 |
| 2002 | 0.7 | 3.0 |
| 2003 | 0.2 | 3.4 |
| 2004 | 0.4 | 4.2 |
| 2005 | 0.4 | 3.8 |
| 2006 | 0.4 | 3.7 |
| 2007 | 1.0 | 3.9 |
| 2008 | 1.6 | 4.2 |
| 2009 | 2.0 | 4.4 |
| 2010 | 1.6 | 4.6 |
| 2011 | 1.7 | 4.9 |
| 2012 | 2.0 | 5.0 |
| 2013 | 2.0 | 5.2 |
| 2014 | 2.5 | 5.6 |
| 2015 | 3.7 | 5.8 |
| 2016 | 5.1 | 6.1 |
| 2017 | 5.1 | 6.0 |
| 2018 | 5.4 | 6.4 |
| 2019 | 5.5 | 6.2 |
| 2020 | 5.5 | 6.6 |
| 2021 | 4.8 | 6.3 |
| 2022 | 2.6 | 7.5 |