Office of State Actuary
RCW 44.44
Washington's Office of the State Actuary (OSA) supports the financial security of Washingtonians today and for generations to come by helping our clients make informed decisions in their governance of financial security programs including state pension and medical plans, the Guaranteed Education Tuition (GET) program, and the state long-term care program. OSA provides non-partisan actuarial and policy analysis (i.e., consulting, recommendations, financial reporting, and fiscal notes) for the Legislature, Executive branch agencies, and various boards and committees.
Agency Mission
We model the highest level of professionalism and strive to provide clear, impartial, and expert analysis to assist our clients in making informed decisions and navigating the uncertainties of the future.
| Request | 7,442,000 |
|---|---|
| Net change from current biennium | 570,000 Increase |
| Percent change from current biennium | 8.3% Increase |
Operating Budget: Summary
Appropriated Funds
| 2019-21 Appropriations | Appropriated Funds | Expenditures | |||
|---|---|---|---|---|---|
| Amount | Estimated Balance | 2017-19 Actual | 2019-21 Estimated | 2021-23 Proposed | |
| 680,000 | General Fund - State | 309,202 | 680,000 | 759,000 | |
| 471,000 | St Health Care Authority Admin Acct - State | 234,038 | 471,000 | 505,000 | |
| 28,000 | 28,000 | Pension Funding Stabilization Acct - State | 14,000 | ||
| 5,721,000 | Dept of Retirement Systems Expense - State | 4,552,101 | 5,721,000 | 6,178,000 | |
| 6,900,000 | 28,000 | Total Appropriated Funds | 5,109,341 | 6,872,000 | 7,442,000 |
Non-Appropriated Funds
| 2019-21 Non-Appropriated Funds | Expenditures | ||||
|---|---|---|---|---|---|
| Amount | Balance | Non-Apropriated Funds | 2017-19 Actual | 2019-21 Estimated | 2021-23 Proposed |
| Total Non-Appropriated Funds | |||||
Operating Budget: Program Summary
| Program Title | Actual | Estimated | Proposed | ||
|---|---|---|---|---|---|
| Actual | Estimated | Estimated | Proposed | Proposed | |
| Annual Total | 2,742,717 | 2,843,838 | 1,192,107 | 3,704,000 | 3,738,000 |
Operating Budget: Change from Preceding Biennium
| Actual | Estimated | Proposed | |||
|---|---|---|---|---|---|
| Amount | Percent | Amount | Percent | Amount | Percent |
| 635,311 | 14.2% | (1,073,396) | (21.0%) | 3,406,055 | 84.4% |
Employment Summary
| Actual | Estimated | Proposed | |||
|---|---|---|---|---|---|
| 2018-19 Actual | 2019-20 Estimated | 2020-21 Estimated | 2021-22 Proposed | 2022-23 Proposed | |
| FTE Staff Years | 17.6 | 16.2 | 17.0 | 19.1 | 18.8 |
