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 8,539,000
Net change from current biennium 1,086,000 Increase
Percent change from current biennium 14.6% Increase

Operating Budget: Summary

Appropriated Funds

2021-23 Appropriations Appropriated Funds Expenditures
Amount Estimated Balance   2019-21 Actual 2021-23 Estimated 2023-25 Proposed
Industrial Insurance Premium Refund - Nonappropriated (4,914)
758,000 General Fund - State 427,142 758,000 837,000
254,000 St Health Care Authority Admin Acct - State 306,829 254,000 292,000
Pension Funding Stabilization Acct - State 26,833
250,000 School Employees' Insur Admin Acct - State 250,000 259,000
6,191,000 Dept of Retirement Systems Expense - State 5,008,761 6,191,000 7,151,000
7,453,000 Total Appropriated Funds 5,764,651 7,453,000 8,539,000

Non-Appropriated Funds

Operating Budget: Program Summary

Program Title Actual Estimated Proposed
Actual Estimated Estimated Proposed Proposed
Annual Total 2,920,813 3,057,156 1,327,563 4,204,000 4,335,000

Operating Budget: Change from Preceding Biennium

Actual Estimated Proposed
Amount Percent Amount Percent Amount Percent
655,310 12.8% (1,379,933) (23.9%) 4,154,282 94.7%

Employment Summary

  Actual Estimated Proposed
  2020-21 Actual 2021-22 Estimated 2022-23 Estimated 2023-24 Proposed 2024-25 Proposed
FTE Staff Years 17.0 17.6 18.9 19.1 18.8