Financials and Governance

Seattle City Employees' Retirement System stewards just over $2.7 billion in assets as of the last reporting period in accordance with our Investment Policy.

The Retirement System's accounting firm makes quarterly reports about the fund's asset allocation, comparing the most recent allocation to that of the previous quarter and the previous year. They also report quarterly on the fund's asset performance. The reports give figures for the total fund and for the various asset classes.

The Retirement System receives an outside actuarial valuation report each year that looks at the system's current obligations and expected future obligations, to ensure that current assets and expected future contributions to the fund will meet those obligations. The Board of Administration uses these reports to help guide decisions about benefits and contribution rates.

All financials are reviewed in detail in the Seattle City Employees' Retirement System Annual Reports.

Meeting minutes and governance documents record the decisions of the Board of Administration.