Agency: 126 - State Investment Board
Last Updated: 10/08/2025
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 2026 | FY 2027 | Biennium Total |
|---|---|---|---|
| FTE | 130.5 | 130.5 | 130.5 |
| 031 - State Investment Board Expense Acct | |||
| State | 44,581,000 | 45,744,000 | 90,325,000 |
| FY 2026 | FY 2027 | Biennium Total | |
|---|---|---|---|
| FTES | 130.5 | 130.5 | 130.5 |
| GFS | |||
| Other | 44,581,000 | 45,744,000 | 90,325,000 |
| Totals | 44,581,000 | 45,744,000 | 90,325,000 |
Expected Results
The WSIB’s beneficiaries and stakeholder groups will be equipped to meet the long-term financial demands of retirement and retirement benefits, program benefits and program funding based on income and asset appreciation generated by a large, cost-effective institutional investment portfolio. Beneficiaries and stakeholder groups can expect a well-managed, globally diversified investment program that maximizes returns at a prudent level of risk, in order to achieve their financial outcomes. Beneficiaries also gain the financial security and long-range planning ability that comes from a pension funding system that ranks in the top 10 nationwide for its ability to support future retirement benefits.