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Ep 54 - Pension plan funding with the WA state actuary
Manage episode 456188936 series 3399574
Innehåll tillhandahållet av Washington State Department of Retirement Systems. Allt poddinnehåll inklusive avsnitt, grafik och podcastbeskrivningar laddas upp och tillhandahålls direkt av Washington State Department of Retirement Systems eller deras podcastplattformspartner. Om du tror att någon använder ditt upphovsrättsskyddade verk utan din tillåtelse kan du följa processen som beskrivs här https://sv.player.fm/legal.
Washington state pensions are calculated to be 94% funded. That rate is one of the highest rates in the country. We welcome Matt Smith, the Washington State Actuary, to talk about the latest Actuarial Valuation Report recently released by his office. He explains the significance of funded status, often misunderstood by many. Discover how ongoing evaluations and adjustments ensure long-term pension security for Washington's retirement plans.
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