This page shows the estimated future payments from the LEOFF 1 pension system.  If you add them up you will see they will amount to $7.9 billion.  To meet this obligation, the system needs approximately $4.2 billion based on the investment return assumptions.

As of October 2009 the Law Enforcement Officers' & Fire Fighters' Plan 1 had $4,637,742,864.  So, we remain in surplus.

Click here for a month by month review of fund balances.

 

LEOFF Plan 1

Retirement Plan Payments

Fiscal Year

Estimated Future Payments

2007-08

$313,849,104

2008-09

$327,049,529

2009-10

$338,966,259

2010-11

$349,699,794

2011-12

$359,153,669

2012-13

$367,505,089

2013-14

$374,718,374

2014-15

$381,011,394

2015-16

$386,180,864

2016-17

$390,448,147

2017-18

$393,962,004

2018-19

$396,406,038

2019-20

$398,104,976

2020-21

$398,926,810

2021-22

$398,752,555

2022-23

$397,687,297

2023-24

$395,556,901

2024-25

$392,344,811

2025-26

$387,970,673

2026-27

$382,358,669

2027-28

$375,441,415


Notes:

Estimated future payments are based on the 2007 Actuarial Valuation Report using assumptions,
methods, data, and plan provisions disclosed in the report.

Future payments will vary from those estimated above if actual experience differs from the assumptions or
any changes in the plan provisions occur.

Source: DRS & State Actuary