Investment Board, State

The state investment board shall exercise all the powers and perform all duties with respect to the investment of public trust and retirement funds, by Investing and reinvesting the monies of the state's trust and retirement funds.
Board Websitehttps://www.sib.wa.gov/
Policy AreaTransportation and Economic Development
Governor Appointments3
Total Board Positions15
Statutory AuthorityRCW 43.33A.020
Public Disclosure Required?Yes
Senate Confirmation Required?Yes
CompensationTravel reimbursement, ; for members who are not state employees, $50 per meeting allowance
Term Length (years)3
Statutory Term Limits
Member Requirements: A member of the public employees' retirement system who has been an active member for at least five years; a member of the law-enforcement officers' & firefighters' retirement system and has been an active member for at least five years; a member of the teachers' retirement system and has been an active member for at least five years.