Valuations of the Washington Retirement Systems
These reports supply the background calculations for determining the contribution rates, as well as the most current AVR information on funded status, plan assets, and participant data.
Actuarial valuations are technical reports providing full disclosure of the financial and funding status of public retirement systems administered by the Department of Retirement Systems. Valuations for odd-numbered years are also used to set contribution rates for the ensuing biennium. For those valuations, the Pension Funding Council oversees an actuarial audit of the results by an outside actuary.
OSA also performs valuations for other programs, such as the Volunteer Fire Fighters’ and Reserve Officers’ Relief and Pension Fund (VFF), the Guaranteed Education Tuition Program (GET), and Other Postemployment Benefits (OPEB). For more information on these programs, see the Actuarial reporting webpage.
The California Research Bureau (CRB) provides a plain language primer that summarizes and explains the actuarial methods and practices used by OSA when preparing the annual actuarial valuations. Here is a link to the report PDF.
2023 Actuarial Valuation
Section One: 
Summary of Key Results
Section Two: Actuarial Exhibits
Section Three: Participant Data
Section Four: Appendix
Section Five: Resources
Historical Valuations
Find other historical valuations of the Washington retirement systems here.
Law Enforcement Officers' and Fire Fighters' Retirement System Plan 2
This link provides access to the 2021 LEOFF 2 Actuarial Valuation Report, posted on the LEOFF 2 website.