Office of the State Actuary
Office of the State Actuary (OSA) is an independent and non-partisan Legislative agency that supports state financial security programs including the state’s public retirement systems, Guaranteed Education Tuition (GET) program, and the Long-Term Services and Support program.
About
The statutory requirements of OSA encompass a range of critical responsibilities, including calculating and certifying contribution rates for the Pension Funding Council (PFC) based on current laws, recommending economic assumptions to the PFC and the Select Committee on Pension Policy every two years, and performing actuarial valuations for all state-funded or state-sponsored retirement plans.
OSA also conducts demographic experience studies every six years to compare actual experience with actuarial assumptions, prepares actuarial fiscal notes for legislation affecting state retirement plans, and provides actuarial assistance to the Select Committee on Pension Policy, the Legislature, and the Governor.
Additionally, OSA provides actuarial services to other state financial security programs and the agencies and boards that support those programs including the Department of Retirement Systems, Law Enforcement Officers’ and Fire Fighters’ Plan 2 Retirement Board, Board for Volunteer Fire Fighters’ and Reserve Officers, the Guaranteed Education Tuition Program, Long-Term Services and Supports Trust Commission, and Institutions of Higher Education.”
Our office is led by the State Actuary. The State Actuary is appointed by the State Actuary Appointment Committee.
Contact
OSA
PHONE
MAILING ADDRESS
P. O. Box 40914
Olympia, WA 98504-0914
STREET ADDRESS
2100 Evergreen Park Drive SW
Suite 150
Olympia, WA 98502