The 2025 Annual Report available now

The 2025 Annual Comprehensive Financial Report (ACFR) reflects our ongoing commitment to accurate and transparent financial reporting of the retirement systems. The DRS ACFR includes DRS’ financial statements, including notes and supporting schedules. Additional information included in the DRS ACFR is summarized in the following list:

  1. Financial trends and highlights
  2. Components of the net pension liability (asset)
  3. Membership demographics and employer participation
  4. Actuarial assumptions, methods and funding status
  5. Investment performance, policy and strategy
  6. Deferred compensation program information

Financial information for employers

The 2025 Participating Employer Financial Information (PEFI) is now available. The PEFI includes pension financial reporting information for DRS administered multiple-employer, cost-sharing retirement plans to assist participating employers with their pension financial reporting.

Where to find previous reports

Chapter 15: Financial Reporting in the DRS Employer Handbook includes links to reports published in the last few years. You can view and download historical ACFRs and PEFIs on the Washington State Library’s website.


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