Efficient, Effective and Accountable Government
Last Updated: 10/07/2024
Safeguard and manage public funds
Strategy: Safeguard and manage public funds
Agency: 126 - State Investment Board
A001 - Investment Activities
The Washington State Investment Board (WSIB) manages investments for retirement, industrial insurance, permanent and other trust funds, including the defined benefit and defined contribution pension plans for teachers, school employees, law enforcement officers, firefighters, and public employees. The WSIB also manages investments for the Deferred Compensation Plan, Guaranteed Education Tuition program, and the Developmental Disabilities Endowment Trust. The duty of the Board is to diversify investments and maximize returns, at a prudent level of risk, for the exclusive benefit of fund beneficiaries.
| Account | FY 2024 | FY 2025 | Biennium Total |
|---|---|---|---|
| FTE | 250.2 | 251.4 | 250.8 |
| 031 - State Investment Board Expense Acct | |||
| State | 82,145,000 | 84,894,000 | 167,039,000 |
| FY 2024 | FY 2025 | Biennium Total | |
|---|---|---|---|
| FTES | 125.1 | 125.7 | 125.4 |
| GFS | |||
| Other | 41,071,000.0 | 42,542,000.0 | 83,613,000.0 |
| Totals | 41,071,000.0 | 42,542,000.0 | 83,613,000.0 |
000279 - Retirement Funds
Retirement Funds: The variance from the median rate of return in comparison to a nationally recognized public pension fund benchmark (TUCS Public Fund > $1 Billion Median)
| Biennium | Period | Actual | Target |
|---|---|---|---|
| 2019-21 | Q1 | 1% | 0% |
| 2019-21 | Q2 | -1% | 0% |
| 2019-21 | Q3 | 4% | 0% |
| 2019-21 | Q4 | -5% | 0% |
| 2019-21 | Q5 | 1% | 0% |
| 2019-21 | Q6 | -1% | 0% |
| 2019-21 | Q7 | 2% | 0% |
| 2019-21 | Q8 | 0% | 0% |
| 2021-23 | Q1 | 3% | 0% |
| 2021-23 | Q2 | 0% | 0% |
| 2021-23 | Q3 | 4% | 0% |
| 2021-23 | Q4 | 4% | 0% |
| 2021-23 | Q5 | 0% | 0% |
| 2021-23 | Q6 | -1% | 0% |
| 2021-23 | Q7 | -1% | 0% |
| 2021-23 | Q8 | 0% | 0% |
| 2023-25 | Q1 | 2% | 0% |
| 2023-25 | Q2 | -2% | 0% |
| 2023-25 | Q3 | -1% | 0% |
| 2023-25 | Q4 | 0% | 0% |
| 2023-25 | Q5 | 0% | 0% |
| 2023-25 | Q6 | 0% | 0% |
| 2023-25 | Q7 | 0% | 0% |
| 2023-25 | Q8 | 0% | 0% |
000329 - Permanent Funds
Permanent Funds: The variance from the average rate of return in comparison to a nationally recognized bond fund benchmark
(Barclay Capital Aggregate)
| Biennium | Period | Actual | Target |
|---|---|---|---|
| 2019-21 | Q1 | 0% | 0% |
| 2019-21 | Q2 | 0% | 0% |
| 2019-21 | Q3 | 0% | 0% |
| 2019-21 | Q4 | 0% | 0% |
| 2019-21 | Q5 | 0% | 0% |
| 2019-21 | Q6 | 0% | 0% |
| 2019-21 | Q7 | 0% | 0% |
| 2019-21 | Q8 | 0% | 0% |
| 2021-23 | Q1 | 0% | 0% |
| 2021-23 | Q2 | 0% | 0% |
| 2021-23 | Q3 | 0% | 0% |
| 2021-23 | Q4 | 0% | 0% |
| 2021-23 | Q5 | 0% | 0% |
| 2021-23 | Q6 | 0% | 0% |
| 2021-23 | Q7 | 0% | 0% |
| 2021-23 | Q8 | 0% | 0% |
| 2023-25 | Q1 | 0% | 0% |
| 2023-25 | Q2 | 0% | 0% |
| 2023-25 | Q3 | 0% | 0% |
| 2023-25 | Q4 | 0% | 0% |
| 2023-25 | Q5 | 0% | 0% |
| 2023-25 | Q6 | 0% | 0% |
| 2023-25 | Q7 | 0% | 0% |
| 2023-25 | Q8 | 0% | 0% |
000385 - Retirement Funds Value Added Benchmark
Retirement Funds - Measure the variance from the median rate of return in comparison to a implementation value added benchmark.
| Biennium | Period | Actual | Target |
|---|---|---|---|
| 2019-21 | Q1 | 0% | 0% |
| 2019-21 | Q2 | 1% | 0% |
| 2019-21 | Q3 | -1% | 0% |
| 2019-21 | Q4 | 2% | 0% |
| 2019-21 | Q5 | -2% | 0% |
| 2019-21 | Q6 | 1% | 0% |
| 2019-21 | Q7 | 0% | 0% |
| 2019-21 | Q8 | 2% | 0% |
| 2021-23 | Q1 | 2% | 0% |
| 2021-23 | Q2 | 2% | 0% |
| 2021-23 | Q3 | 1% | 0% |
| 2021-23 | Q4 | 2% | 0% |
| 2021-23 | Q5 | 3% | 0% |
| 2021-23 | Q6 | 2% | 0% |
| 2021-23 | Q7 | -2% | 0% |
| 2021-23 | Q8 | -1% | 0% |
| 2023-25 | Q1 | 0% | 0% |
| 2023-25 | Q2 | 0% | 0% |
| 2023-25 | Q3 | -2% | 0% |
| 2023-25 | Q4 | -1% | 0% |
| 2023-25 | Q5 | 0% | 0% |
| 2023-25 | Q6 | 0% | 0% |
| 2023-25 | Q7 | 0% | 0% |
| 2023-25 | Q8 | 0% | 0% |
