Given the teacher strikes around Washington State as we started the 2018/19 school year we thought it would be interesting to investigate the status (health) of the Washington State Retirement System (TRS) to see how well it's funded and what the public is on the hook for if there is a shortfall. Please note that the newest data we can find is through the summer of 2018 and thus does NOT include the impact of the recent double-digit salary increases. So, what we are about to present is the "best case" scenario. This review is ONLY for the teachers retirement fund. There are other retirement funds that appear to be in different financial conditions. Again, this is ONLY for the teachers TRS … [Read more...]