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Home » Budget » State budgets » 2019-21 Governor's proposed budgets » Agency detail budgets » Office of State Actuary

Office of State Actuary

RCW 44.44

The Office of the State Actuary provides actuarial services for the state retirement systems, Guaranteed Education Tuition (GET) program, state higher education retirement plans (HERPs), and state health care plans; advises the Legislature and Governor regarding benefit and funding policies for the state retirement systems; consults with the Legislature and Governor concerning determination of actuarial assumptions; prepares actuarial fiscal notes on each pension bill heard in a fiscal committee of the Legislature; and provides such actuarial services to the Legislature as may be required.

Agency Mission

Our work supports the financial security of Washingtonians today and for generations to come. We help our clients make informed decisions and navigate the uncertainties of the future through expert, accurate and objective analysis. We strive to communicate our work in an easy to understand and accessible manner.
Request 6,348,000
Net change from current biennium 227,000 Increase
Percent change from current biennium 3.7% Increase

Operating Budget: Summary

Appropriated Funds

2017-19 Appropriations Appropriated Funds Expenditures
Amount Estimated Balance   2015-17 Actual 2017-19 Estimated 2019-21 Proposed
581,000 General Fund - Basic Account - State 291,642 581,000 590,000
406,000 St Health Care Authority Admin Acct - State 279,258 406,000 412,000
28,000 Pension Funding Stabilization Acct - State 28,000 28,000
5,106,000 Dept of Retirement Systems Expense - State 3,903,130 5,106,000 5,318,000
6,121,000 Total Appropriated Funds 4,474,030 6,121,000 6,348,000

Non-Appropriated Funds

2017-19 Non-Appropriated Funds Expenditures
Amount Balance Non-Apropriated Funds 2015-17 Actual 2017-19 Estimated 2019-21 Proposed
Industrial Insurance Premium Refund - Nonappropriated (2,465)
Total Non-Appropriated Funds (2,465)

Operating Budget: Program Summary

Program Title Actual Estimated Proposed
Actual Estimated Estimated Proposed Proposed
Annual Total 2,448,905 2,366,624 1,071,718 3,230,000 3,118,000

Operating Budget: Change from Preceding Biennium

Actual Estimated Proposed
Amount Percent Amount Percent Amount Percent
983,720 28.2% (1,033,223) (23.1%) 2,909,658 84.6%

Employment Summary

  Actual Estimated Proposed
  2016-17 Actual 2017-18 Estimated 2018-19 Estimated 2019-20 Proposed 2020-21 Proposed
FTE Staff Years 15.9 17.7 17.2 17.1 16.8