Executive Director Alan Burke and Legislative Director Peter Diedrick will use Zoom to interview Matt Smith, the Washington State Actuary, on Tuesday, September 29 at 9:00 am. "Mr. Smith will field questions regarding the important work of the Office of the State Actuary (OSA) in guiding pension agencies by calculating longevity averages for retirees. These figures, when combined with prospective rate of return for investments in the $130 Billion state investment fund, largely determine the cost of pension policy bills like the Plan 1 COLA and Plan 2/3 early retirement. Clearly, the higher the costs, the more difficult it becomes for the legislature to act on a pension improvement proposal."
As with the Town Hall Meeting and the other Webinars, go to www. wssra.org and select the WSSRA - Current News and Projects tab to get more details.
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