Event Details

Pension Discount Rate (PDR) 2026

Public Hearing on Proposed Rules
Wednesday, December 3, 2025
10 a.m.

Location

To join on your computer or mobile app (Zoom):
https://lni-wa-gov.zoom.us/j/4174628707?omn=84044493298
Meeting ID: 417 462 8707

To join by phone (audio only):
253-215-8782 US (Tacoma)
Find your local number: https://lni-wa-gov.zoom.us/u/kcpM3LVgyX

The public hearing will start at 10:00 a.m. and continue until all oral comments are received.

L&I encourages the submittal of written comments, due by 5:00 p.m. on December 3, 2025.

Purpose

This rulemaking amended WAC 296-14-8810 Pension tables, pension discount rate and mortality tables, to lower the pension discount rate (PDR) to better align with the rate of return for long term treasuries for self-insured pensions. The PDR is the interest rate used to account for the time value of money when evaluating the present value of future pension payments. This rule lowers the PDR for self-insured employers from 5.4% to 5.3%, effective April 1, 2026.