summary
Introduced
02/11/2020
02/11/2020
In Committee
02/24/2020
02/24/2020
Crossed Over
02/27/2020
02/27/2020
Passed
Dead
03/12/2020
03/12/2020
Introduced Session
2020 Regular Session
Bill Summary
AN ACT relating to retirement benefits administered by the Wyoming retirement system; providing for two single, additional, noncumulative benefit payments under the Wyoming Retirement Act, the Wyoming State Highway Patrol, Game and Fish Warden and Criminal Investigator Retirement Act and the Firemen's Pension Account Reform Act of 1981; providing an appropriation; specifying legislative intent and making legislative findings; requiring a study, reports and certifications as specified; and providing for an effective date.
AI Summary
This bill provides for two single, additional, non-cumulative benefit payments to eligible individuals receiving retirement benefits under the Wyoming Retirement Act, the Wyoming State Highway Patrol, Game and Fish Warden and Criminal Investigator Retirement Act, and the Firemen's Pension Account Reform Act of 1981. The bill also requires the Wyoming Retirement System Board to review the findings underlying a 2012 law that restricted cost-of-living adjustments and other benefit increases, and report to the legislature on the effects of inflation, social security eligibility, and plan funding ratios, with recommendations on potential benefit adjustments. The bill appropriates general funds to cover the cost of the initial additional benefit payments.
Committee Categories
Budget and Finance
Sponsors (13)
Landon Brown (R)*,
Cathy Connolly (D)*,
William Haley (R)*,
Steve Harshman (R)*,
Bill Henderson (R)*,
Jared Olsen (R)*,
Stephan Pappas (R)*,
Charles Pelkey (D)*,
Jim Roscoe (I)*,
Wendy Schuler (R)*,
Patrick Sweeney (R)*,
Art Washut (R)*,
Dan Zwonitzer (R)*,
Last Action
Did Not Consider for Introduction (on 03/09/2020)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location | Created |
|---|---|---|
| State Bill Page | https://www.wyoleg.gov/Legislation/2020/HB0112 | 02/07/2020 |
| BillText | https://www.wyoleg.gov/2020/Engross/HB0112.pdf | 02/28/2020 |
| BillText | https://www.wyoleg.gov/2020/Introduced/HB0112.pdf | 02/07/2020 |
| Fiscal Note | https://www.wyoleg.gov/2020/Fiscal/HB0112.pdf | 02/07/2020 |
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