State Actuary News Today

Washington lawmakers discussed the impact a transition to a voluntarily-funded WA Cares program would have on its financial viability and participation rates

This editorial was published in The Columbian of Vancouver, Wash.

Beginning July 1, most workers in Washington will see smaller paychecks as the WA Cares Fund goes into effect. Although benefits from the nascent fund will not be available until

Beginning July 1, most workers in Washington will see smaller paychecks as the WA Cares Fund goes into effect. Although benefits from the nascent fund will not be available until 2026, lawmakers must

Along with a modest benefit for long-term care needs, it should prompt family discussions and planning.

As discussed in Part 1 of our advisory series, withholdings for Washington State's Long-Term Services and Supports Trust Program ("WA Cares") tax are scheduled to begin July 1, 2023. In...

WA Cares Fund payroll tax to start in July 2023

The State now says a new evaluation of the controversial program claims it's fully solvent.

OLYMPIA — An 18-month delay of the long-term care payroll tax is one step closer to becoming a reality.

Queenslands $5.6b Future Fund might just be interest-only Jan 11, 2021 – 12.01am Share The Palaszczuk governments $5.6 billion Future Fund – established to tackle Queenslands debt which is due to top $130 billion over the next four years – will be mostly used to pay the $3 billion annual interest bill. While Treasurer Cameron Dick has promised the long-awaited fund will be created by the end of this financial year, it remains unclear how much debt the fund will actually pay off. Treasurer...