Washington State Pension Plans Second Strongest Funded in the Nation

Comments

1
Sweet, I just hit the 2 year mark as a state employee, but it takes 5 years to be vested. So maybe I'm not making contributions in vain right now.
2
Well, it's good news they're currently well-funded, especially with their 7.9% investment return assumptions per the most recent CAFR (http://www.drs.wa.gov/administration/ann…). Anyone outside pension boards think that's a realistic return (especially given the investment performance they show in aforementioned CAFR)?
3
bad linky
4
In case anyone's looking for the linked report, it's mirrored here: http://db.tt/zNSDuY1N
5

Funded, yes, but they also lost a lot of money in the 2008/9 downturns.