State Data » Washington

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 20,620.4 33,272 101.7 91.6 Washington Department of Retirement Systems
Washington PERS Plan 2/3 62,510.9 420,194 97.3 99.9 Washington Department of Retirement Systems
Washington School Employees Plan 2/3 9,428.6 122,574 92.5 100.0 Washington Department of Retirement Systems
Washington Teachers Plan 2/3 25,065.1 131,871 92.0 100.0 Washington Department of Retirement Systems
Seattle ERS 4,010.6 21,023 75.8 100.5 Seattle Employees Retirement System
Washington LEOFF Plan 1 6,876.1 6,180 149.1 100.0 Washington Department of Retirement Systems
Washington PERS Plan 1 9,229.3 41,924 80.0 99.5 Washington Department of Retirement Systems
Washington Teachers Plan 1 7,228.2 28,845 87.6 99.3 Washington Department of Retirement Systems
Washington PSERS Plan 2 1,448.8 16,980 96.4 99.8 Washington Department of Retirement Systems

Source: Public Plans Database (as of 2023)

Public Cost

Annual Required Contribution as percent of State and Local Own-Source Revenue, 2001-2024

Fiscal Year WA US
2001 1.4 2.9
2002 1.4 3.0
2003 1.3 3.4
2004 1.9 4.2
2005 2.5 3.8
2006 17.3 3.7
2007 2.8 3.9
2008 3.0 4.2
2009 3.5 4.4
2010 3.2 4.6
2011 3.2 4.9
2012 2.8 5.0
2013 2.8 5.2
2014 29.5 5.6
2015 45.9 5.8
2016 6.5 6.1
2017 6.7 6.1
2018 6.6 6.4
2019 6.5 6.2
2020 6.4 6.7
2021 5.7 6.3
2022 3.0 6.7
2023 4.3 6.9
2024 4.1 7.1

Source: Public Plans Database and Census of Governments.

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