Current through the 2024 Budget Session
Section 9-3-402 - Definitions(a) As used in this article: (i) "Account" or "member account" means: (A) For a member who has a minimum of four (4) years of service or a member initially employed before July 1, 2018, the member's contributions, the member's contributions paid by an employer under W.S. 9-3-412 and 9-3-413.1 and any amounts transferred to the system from a terminated system on behalf of the member, plus interest compounded annually at a rate determined by the board not to exceed the average annual investment yield earned on the assets of the system, subject to subparagraph (C) of this paragraph;(B) For a member who has fewer than four (4) years of service and who is initially employed on or after July 1, 2018, only the member contributions paid by a reduction in cash salary of the member together with the interest on those contributions, subject to subparagraph (C) of this paragraph;(C) Commencing July 1, 2019 for a member who has fewer than four (4) years of service, no interest shall accrue to the member account during any period in which the member is not employed by a participating employer.(ii) Repealed by Laws 1994, ch. 67, § 3.(iii) "Actuarial equivalent amount" means a benefit of equal value computed upon the basis of the actuarial assumptions determined by the board;(iv) "Board" or "retirement board" means the retirement board of the Wyoming retirement system established by this article;(v) "Disability" means the mental or physical incapacitation of any member including: (A) "Total disability" which is a disability condition that renders a member unable to engage in any occupation for which he is reasonably suited by training or experience and which is reasonably expected to last at least twelve (12) months; and(B) "Partial disability" which is a disability condition that renders a member unable to perform the occupation for which he is reasonably suited by training and experience but still allows him to function in other employment and which is reasonably expected to last at least twelve (12) months.(vi) "Employer" or "participating employer" means:(A) The state of Wyoming and any department, board, commission or other agency or instrumentality of the state;(B) Any county, county memorial hospital, special hospital district, city or town or legally constituted department designated to the board by the appropriate governing body as an employer under this article;(C) Any municipal corporation;(E) The Wyoming School Activities Association;(F) The Wyoming Education Association;(G) The Wyoming School Boards' Association;(H) The Wyoming Public Employees' Association;(J) Repealed by Laws 1994, ch. 67, § 3.(K) Repealed by Laws 1994, ch. 67, § 3.(M) The Wyoming County Commissioners' Association;(N) The Wyoming Association of Municipalities;(O) Any senior citizen center within the state;(P) Community-based mental health, substance abuse, developmental disabilities, family violence and sexual assault programs which receive state support and which operate under standards established by the division of community programs [department of health] pursuant to W.S. 9-2-102, those programs and facilities serving youth certified by the department of family services pursuant to W.S. 9-2-2101 and those programs and facilities serving individuals in need of vocational rehabilitation as certified by the division of vocational rehabilitation pursuant to W.S. 9-2-109;(Q) The legislative service office;(R) The state judicial branch;(S) Any community college;(T) The University of Wyoming;(U) Any special district; and(W) Any other political subdivision of the state or local government or any organization or entity which by virtue of its organization or purpose is considered by the board to be a governmental entity and receives a major portion of its funding from taxing authority delegated by law, from federal, state or local government or from an agency or political subdivision of state or local government.(vii) "Member" means and includes any full-time or regular part-time employee of an employer, including substitute teachers if treated by the employer as regular, part-time employees and including law enforcement officers and firefighter members, but "member" does not mean:(A) An employee who is compensated: (I) As an independent contractor; or(B) An employee who is reimbursed on a per diem basis;(C) An employee whose term of employment is on a temporary basis for less than six (6) months;(D) Repealed by Laws 2015, ch. 10, § 2.(E) Members of any state board or commission not otherwise employed by the state who elect in writing not to become a member of the system under rules adopted by the board;(F) Employees covered by other retirement plans of the state or a political subdivision of the state, including: (I) The supreme court and district court justices' pension plan, and employees covered under the judicial retirement act under W.S. 9-3-701 through 9-3-713;(II) Police pension plans;(III) Repealed By Laws 2008, Ch. 45, § 2.(IV) The paid firemen pension plans;(V) The Wyoming state highway patrol, game and fish warden and criminal investigator retirement program.(G) Members of the legislature;(H) Students employed by the University of Wyoming, community colleges or school districts;(J) Employees of the agricultural extension service of the University of Wyoming who hold a federal civil service appointment and are required to participate in the federal civil service retirement program;(K) An employee of the University of Wyoming or a community college who earns no more than five thousand five hundred dollars ($5,500.00) per year for part-time teaching and has elected in writing not to participate in the system under rules adopted by the board;(M) An at-will contract employee under W.S. 9-2-3207(a)(xi)(F), unless specifically authorized by the contract pursuant to W.S. 9-2-3207(a)(xi)(F)(III) or (IV);(N) An elected member of a county, municipal or school district commission, council or board, if: (I) The commission, council or board on which the elected member serves participates in the system;(II) The elected member is otherwise employed by an entity participating in the system; and(III) The elected member elects in writing at the beginning of the member's service on the commission, council or board not to become a member of the system, for purposes of his service as an elected official, under rules adopted by the board. An election pursuant to this subdivision is irrevocable during the remainder of the member's service on the commission, council or board.(viii) Repealed by Laws 1994, ch. 67, § 3.(ix) "Prior creditable service" means service credit earned by a member prior to April 1, 1953 in one (1) of the terminated systems and for which necessary employer and employee contributions were transferred to the retirement system;(x) "Employee" means an employee of a participating employer as defined by this article; (A) Repealed by Laws 1994, ch. 67, § 3.(B) Repealed by Laws 1994, ch. 67, § 3.(C) Repealed by Laws 1994, ch. 67, § 3.(D) Repealed by Laws 1994, ch. 67, § 3.(E) Repealed by Laws 1994, ch. 67, § 3.(F) Repealed by Laws 1994, ch. 67, § 3.(G) Repealed by Laws 1994, ch. 67, § 3.(H) Repealed by Laws 1994, ch. 67, § 3.(xi) Repealed by Laws 1994, ch. 67, § 3.(xii) "Interest" means interest compounded annually at the rate or rates determined by the board, not exceeding the average amount of interest actually earned per annum by the account;(xiii) "Retire", "retired" or "retirement" means the termination of a member's working career for a salary as an employee and the fulfillment of the requirements for eligibility to receive either a retirement or a disability benefit under this article;(xiv) "Retirement benefit" or "benefit" means a sum of money paid monthly in accordance with this article to a member who has retired;(xv) "Retirement system" means the Wyoming retirement system created by this article;(xvi) "Salary" means the cash remuneration paid to a member in a calendar year, including employee contributions required by W.S. 9-3-412 and 9-3-413.1 and including member contributions paid by the employer under a salary reduction arrangement under W.S. 9-3-412(c) and 9-3-413.1(b) . "Salary" taken into account for a member shall not exceed the amount specified under section 401(a)(17) of the United States Internal Revenue Code; (xvii) "Terminated system" or repeal acts in the case of a teacher means the Wyoming teacher retirement system provided by Chapter 159, Session Laws of Wyoming, 1951, and in the case of a state employee means the state employees' retirement association provided by Chapter 42, Session Laws of Wyoming, 1949, as amended by Chapter 140, Session Laws of Wyoming, 1951;(xviii) "Law enforcement officer" or "officer" means any member who is a county sheriff, deputy county sheriff, municipal police officer, duly authorized investigator of the Wyoming livestock board meeting the specifications of W.S. 7-2-101(a)(iv)(E), duly authorized personnel of the Wyoming gaming commission meeting the specifications of W.S. W.S. 7-2-101(a)(iv)(P), investigator employed by the Wyoming state board of outfitters and professional guides meeting the specifications of W.S. 7-2-101(a)(iv)(J), Wyoming correctional officer, probation and parole agent employed by the Wyoming department of corrections, Wyoming law enforcement academy instructor, full-time state park ranger, University of Wyoming campus police officer, community college police officer, detention officer or dispatcher for law enforcement agencies;(xix) "Highest average salary" means: (A) For members not subject to subparagraph (B) of this paragraph, the average annual salary of a member for the highest paid three (3) continuous years of service;(B) For a general member initially employed after August 31, 2012 the average annual salary of the member for the highest paid five (5) continuous years of service.(xx) "General member" means a member who is not a law enforcement officer or a firefighter member;(xxi) "Service credit" means the credit earned by a member for eligibility for benefits and benefits payable under the system. Service credit is earned on the basis of actual years of employment for an employer as a member under rules adopted by the board under W.S. 9-3-417;(xxii) "System" means the Wyoming retirement system created by this article;(xxiii) "Year of service" means a twelve (12) month period of employment with an employer as a member;(xxiv) "Retirement account" means the account established under this article;(xxv) "Firefighter member" means any employee of a Wyoming national guard fire department crash and rescue unit employed on a full-time basis for firefighting and rescue operations within the department;(xxvi) "Duty connected" means an illness, injury or disability from an injury or disease which results primarily from a specific act or occurrence determinable by a definite time and place, from a physical or mental trauma which arises from the nature and in the course of a person's law enforcement employment;(xxvii) "Eligible retirement plan" means: (A) An annuity contract described in section 403(b) of the Internal Revenue Code;(B) An eligible plan under section 457(b) of the Internal Revenue Code which is maintained by a state, political subdivision of a state, or any agency or instrumentality of a state or political subdivision of a state;(C) An individual retirement account or annuity described in section 408(a) or 408(b) of the Internal Revenue Code that is eligible to be rolled over and would otherwise be includible in gross income; or(D) A qualified plan described in section 401(a) or 403(a) of the Internal Revenue Code.(xxviii) "Rollover contribution" means the transfer of funds from an eligible retirement plan, in an amount eligible to be rolled over to a qualified trust in accordance with applicable law and for which the member provides evidence satisfactory to the system that such amount qualifies for rollover treatment;(xxix) "General member initially employed after August 31, 2012" means a general member, other than a member meeting the provisions of subparagraph (B) of this paragraph, who: (A) Becomes an employee for whom contributions are made for service performed on or after September 1, 2012 and: (I) Was not previously a contributing member; or(II) Was previously a contributing member who withdrew his accumulated contributions and did not redeposit those contributions before September 1, 2012; or(III) Was previously a contributing member who left service with less than four (4) years service credit, without withdrawing his accumulated contributions, and returned to service on or after September 1, 2012.(B) A member who was deployed to active military or other emergency service of the United States and who was previously employed by a participating employer prior to September 1, 2012 and withdrew his accumulated contributions, shall not be deemed to be a member initially employed after August 31, 2012 due to the provisions of subdivision (A)(II) of this paragraph, if the withdrawal was in accordance with provisions of the Uniformed Services Employment and Reemployment Rights Act, 38 U.S.C. 4301 et seq., and board rules adopted to meet the requirements of that act.Amended by Laws 2024, ch. 60,§ 2, eff. 7/1/2024.Amended by Laws 2023, ch. 136,§ 1, eff. 3/2/2023.Amended by Laws 2021 , ch. 109, § 2, eff. 4/5/2021.Amended by Laws 2021 , ch. 56, § 3, eff. 4/1/2021.Amended by Laws 2019 , ch. 90, § 1, eff. 2/26/2019.Amended by Laws 2019 , ch. 52, § 1, eff. 7/1/2019.Amended by Laws 2018 , ch. 31, § 1, eff. 7/1/2018.Amended by Laws 2015 , ch. 10, § 1 , 2, eff. 7/1/2015.Amended by Laws 2012 , ch. 108, § 1, eff. 7/1/2012.