Title 9, Title 9 — Administration Of The Government

Reports to agency. (a) An administrator shall file with the retirement system a copy of: (i) The governing law of the retirement program and system within four (4) months after the system becomes subject to this act and an updated copy at least once every year thereafter; (ii) Th…

Summary plan description. (a) A summary plan description and a summary description of modifications or changes under W.S. 9-3-445(a)(ii) shall be written in a manner calculated to be understood by the average participant and be accurate and sufficiently comprehensive reasonably t…

Annual disclosure of financial and actuarial status. (a) An annual disclosure of financial and actuarial status shall contain: (i) The name of the retirement system and identification of each retirement program and, when programs are in an appropriate grouping of programs, of eac…

Annual report. (a) An annual report shall contain: (i) The name and business address of each trustee and each member of a trustee board; (ii) The financial statements, but not the notes, required by W.S. 9-3-449(a)(viii); (iii) For defined benefit plans, the actuarial schedules, …

Enforcement. (a) An action may be maintained by: (i) A public employer, participant, beneficiary or fiduciary for any one (1) or more of the following purposes: (A) To enjoin an act, practice or omission that violates this act; (B) For appropriate equitable relief for a breach of…

Alienation of benefits. Benefits of a retirement program may not be assigned or alienated and shall be exempt from claims of creditors, except as otherwise provided by state law.

Public employee retirement plans; funding; legislative findings; required determinations for benefit increases. (a) The legislature finds: (i) Wyoming public employee retirement plans' actuarial funding levels are higher than many public employee retirement plans in other states,…

Required determinations for recommended benefit increases. (a) In accordance with the findings specified in W.S. 9-3-453: (i) All plans shall be managed to maintain their actuarial funded ratio at or above one hundred percent (100%) throughout the life of the plan. The actual fun…

Definitions. (a) As used in this article: (i) Repealed By Laws 2001, Ch. 64, § 2. (ii) "Board" means the Wyoming retirement board established under W.S. 9-3-404(a); (iii) "Employee" means any person including any elected official employed by and receiving compensation from the st…

Establishment of program by state; administration by Wyoming retirement board; establishment of separate deferred compensation by political subdivisions; investment permitted; limitation on amount deferred; taxability. (a) The board shall establish and administer the program for …

Investment of deferred compensation; limitation on approved investment plans; enrolling and servicing fees; holding of funds; limited liability of state and political subdivision. (a) The board may approve investment of deferred compensation in insurance and annuity contracts or …

Duties of Wyoming retirement board. (a) The board shall: (i) Invest compensation deferred pursuant to this article; (ii) Select providers and review and evaluate provider contracts and provider investment plans; (iii) Repealed by Laws 2015, ch. 10, § 2. (iv) Establish policy gove…

Special account for administrative expenses; deposits and expenditures; account balance specified; audit required. (a) The board shall deposit all fees paid by providers under the program for enrollment and servicing of accounts of program participants and all amounts deducted fr…

Amount of state's contribution; qualified annuity plan contributions authorized; estimates submitted to state budget officer. (a) The state shall contribute monthly to the program the amount established and appropriated by the legislature for each employee and official contributi…

Enrollment of state employees in the plan; notice to employee; contribution rate; investment of funds by retirement system; withdrawal period; plan document to provide for automatic enrollment. (a) On and after July 1, 2015, a person who begins employment, or returns to employmen…

Short title. This act is known and may be cited as "The Wyoming State Highway Patrol, Game and Fish Warden and Criminal Investigator Retirement Act".

Definitions. (a) As used in this article: (i) "Accumulated contribution" means the sum of all the amounts deducted from the compensation of a member subsequent to the effective date of the Wyoming Retirement Act and credited to his individual account; (ii) "Board" or "retirement …

Administration. (a) There is created the retirement program which is for the benefit of the employees defined in W.S. 9-3-602(a)(v). (b) The administration and responsibility for the operation of the retirement program is under the direction and control of the board. All matters …

Employee contributions. (a) Every employee covered by this article shall pay into the fund fourteen and fifty-six hundredths percent (14.56%) of his salary from July 1, 2014 through June 30, 2024 and thereafter eighteen and ninety-two hundredths percent (18.92%) of his salary. (b…

Employer contributions. Each employer subject to this article shall pay into the fund a contribution equal to twelve and ninety-six hundredths percent (12.96%) until June 30, 2014, and for the period from July 1, 2014 through June 30, 2015, thirteen and eighty-six hundredths perc…

Transfer of funds to retirement program. All employee and matching contributions made to the Wyoming retirement system or other retirement system on behalf of an employee now covered under the retirement program and the accrued interest thereon shall be transferred to the retirem…

Age of retirement. (a) Any employee with six (6) or more years of service to his credit is eligible to receive a retirement allowance under this article when he attains age fifty (50). (b) Effective July 1, 1998, any employee retiring after July 1, 1998, with twenty-five (25) or …

Retirement allowance. Any employee who has left the service, and who has not withdrawn his accumulated contributions, is eligible to receive a retirement allowance computed according to the terms of this article at the age specified in W.S. 9-3-607.

Determination of years of service by board; credit for time spent in military service. (a) The board shall determine the total years of service creditable to each employee in determining eligibility for retirement under this article. It may require employees to file detailed stat…

Amount of benefit. (a) The service retirement allowance payable to an employee under this article at age fifty (50) shall be equal to two and one-half percent (2.5%) of the employee's highest average salary for each year of credited service in the program, provided the retirement…

Eligibility and amount of disability allowance. (a) Any employee who suffers a partial or total disability resulting from an individual and specific act, the type of which would normally occur only while employed as an employee, is eligible for a duty-connected disability allowan…

Payment of disability allowance. (a) Disability allowance payments shall be made to an employee for each month beginning with the month in which he becomes eligible to receive such allowance and ending with the month in which he ceases to be eligible or dies. (b) Any employee rec…

Payment on death; duty related. (a) If a member of the retirement program dies as a result of any activity related to official duties as an employee prior to retirement under this article, a monthly death benefit equal to the greater of sixty-two and one-half percent (62.5%) of t…

Payment on death; not duty-related death of retired member. (a) If a member dies prior to retirement and the member's death is not related to the member's official duties as an employee, a monthly nonduty death benefit shall be paid to the surviving spouse, equal to fifty percent…

Election of coverage under Wyoming Retirement Act. (a) Subject to uniform rules and regulations the retirement board prescribes, instead of the service allowance provided in this article and instead of the benefit specified in W.S. 9-3-614(c), a member of the retirement program m…

Applicability of portions of Wyoming Retirement Act. (a) Requirements for eligibility for: (i) Disability retirement under this article, either related or not related to official duties as an employee, shall be in accordance with the disability provisions outlined in the Wyoming …

Refund of contributions upon termination of employment; redeposit of withdrawn contributions; purchase of service credits. (a) Except as provided in this subsection and subsection (c) of this section, any employee covered by this article who terminates his employment and elects n…

Disposition of funds; designated custodian of monies. Funds accruing to the retirement program under this article shall be commingled with all money on deposit with the state treasurer in the Wyoming retirement account. The board may designate the state treasurer or a custodial b…

Payment of employers' contribution from highway fund, game and fish fund and attorney general budget. Provision for the payment of the employers' contribution under this article shall be made in the budget of the Wyoming highway patrol division as approved by the department of tr…

Exemption of benefits from state and local taxes, execution and attachment; benefits paid under qualified domestic relations order. (a) Benefits and allowances set forth under this article are exempt from any state, county or municipal tax and are not subject to execution or atta…

Short title. This act is known and may be cited as "The Wyoming Judicial Retirement Act".

Definitions. (a) As used in this act: (i) "Account" means an account established for the purpose of accounting for funds used to provide benefits to employees covered under this act; (ii) "Board" or "retirement board" means the retirement board of the Wyoming retirement system es…

Administration. (a) There is created the retirement program which is for the benefit of the employees defined in W.S. 9-3-702(a)(v). (b) The administration and responsibility for the operation of the retirement program is under the direction and control of the board. All matters …

Employee contributions. (a) Except as otherwise provided in this section, every employee covered by this article shall pay into the account nine and twenty-two one-hundredths percent (9.22%) of his salary through June 30, 2024 and thereafter shall pay into the account eleven and …

Employer contributions. Each employer subject to this act shall pay into the account a contribution equal to fourteen and five-tenths percent (14.5%) of the salary paid to each employee covered by this act. These contributions, together with the employees' contributions shall be …

Age of retirement. (a) An employee is eligible for retirement under this act when he has served as a judge of the supreme court, a district court, a chancery court judge, a circuit court or service in any combination of those positions after July 1, 1998, if: (i) He is at least s…

Amount of benefit; adjustments. (a) Any employee who has left service covered under this act, and who has not withdrawn his accumulated contributions, is eligible to receive a retirement allowance computed according to the terms of this act at the age specified in W.S. 9-3-706. T…

Death benefits; survivor's benefits. (a) W.S. 9-3-421 applies to employees and their survivors under this act. (b) Upon the death of a former employee who is receiving a retirement allowance under this act, the employee's survivor shall receive a monthly retirement allowance duri…

Refund of contributions upon termination of employment; procedure; redeposit; limitation on refund. Any employee covered by this act who terminates his employment is entitled to a refund of his member account plus interest thereon, except that commencing July 1, 2019 for an emplo…

Disposition of funds; custodian of monies. Funds accruing to the account used to fund benefits for the program under this act shall be commingled with all money on deposit with the state treasurer in the Wyoming retirement account. The board may designate the state treasurer as t…

Payment of employers' contribution from budgets. Provision for the payment of the employers' contribution under this act shall be made in the budget of the Wyoming supreme court and the district courts. Provision for the payment of that portion of the employee's contribution auth…