our guest our debit lillard and james mcintyre, washington state treasurer. washington journal's live every morning at 7:00 a.m. eastern on c-span. you can join the conversation with your calls and your comments on facebook and twitter. announcer: wednesday, a look at the future of the u.s. postal service. the brookings institution hears from the acting chairman of the postal regulatory commission and the current u.s. inspector general, life :00 a.m. eastern on c-span three. announcer: here are some of our featured programs. on c-span twos book tv, saturday at 10:00 p.m. eastern on afterwards, peter wallace and says that government housing policies cause the 2008 financial crisis, and that it could happen again. sunday afternoon at 5:00 p.m., rector of the earth institute at columbia university on a development plan to counter global issues like poverty political corruption, and environmental decay. saturday morning at 10:30 p.m. -- 1030 a.m. eastern on c-span three, discussion on the last major speeches of abraham lincoln and martin luther king jr.. then, su

david lillard, tennessee's state treasurer and james mcintyre who was the treasurer for washington eightthe forget the calls, let's talk about pensions. -- before we get to calls, let's talk about pensions. david dillard, how does it work and what is the help in tennessee -- david lillard, how does it work and what is the help in tennessee? guest: we do the administration side, putting benefits out, keeping records, and we also do the investment side. that is about a 44 pension plan and it serves many retired employees at many levels. it is a very important thing for our state. we are one of the healthiest plans in the nation. we are 90% funded on a blended aces and we are one of the top five or six plans in the country in terms of overall funded status and that is because we paid the annual funding requirement 100% every year and have since 1972. guest: washington has a little bit different organization. we have gathered all of the local pension programs and they are manage at the state level, so everything is managed and consolidated -- in a consolidated basis at a state level for stat

david lillard, tennessee's state treasurer and james mcintyre who was the treasurer for washington eight. the forget the calls, let's talk about pensions. -- before we get to calls, let's talk about pensions. david dillard, how does it work and what is the help in tennessee -- david lillard, how does it work and what is the help in tennessee? guest: we do the administration side, putting benefits out, keeping records, and we also do the investment side. that is about a 44 pension plan and it serves many retired employees at many levels. it is a very important thing for our state. we are one of the healthiest plans in the nation. we are 90% funded on a blended aces and we are one of the top five or six plans in the country in terms of overall funded status and that is because we paid the annual funding requirement 100% every year and have since 1972. guest: washington has a little bit different organization. we have gathered all of the local pension programs and they are manage at the state level, so everything is managed and consolidated -- in a consolidated basis at a state level for st