Washington State Investment Board
The State Treasurer is the only statewide elected official serving directly on the State Investment Board. As one of the voting members of the Washington State Investment Board, the State Treasurer has a key role in setting the state's investment policies and ensuring that long-term performance goals are met.
The State Investment Board subscribes to high accountability standards and uses rigorous performance measures when making long-term investments of funds such as the pension savings for teachers, firefighters, law enforcement and state employees.
The investments made by the board fund the state's obligation for future pension payments. Pursuant to state law these investments are assumed to generate a responsible long-term average annual rate of return.