ORIGINAL HOUSE
BILL NO. 0076
ENROLLED ACT NO.
21, HOUSE OF REPRESENTATIVES
FIFTY-SIXTH
LEGISLATURE OF THE STATE OF WYOMING
2001
GENERAL SESSION
AN ACT relating to the
Wyoming State Highway Patrol, Game
and Fish and
Criminal Investigator Retirement Act; revising
salary
definitions as used in benefit computations;
increasing
benefit formula components and the cost-of-
living
adjustment; and providing for an effective date.
Be It Enacted
by the Legislature of the State of Wyoming:
Section 1. W.S. 9-3-602(a) by creating a new
paragraph (xiv) and by renumbering paragraph (xiv) as (xv),
9-3-610(a), (d)(intro), (ii), (iii) and (vi) and
9-3-611(d)(i) through (iii) are amended to read:
9-3-602. Definitions.
(a) As used in
this article:
(xiv) "Highest
average salary" means the
employee's average
annual salary for the highest paid three
(3) continuous years
of service;
(xiv)(xv) "This act" means
W.S. 9-3-602 through
9-3-620.
9-3-610. 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 twenty-five one hundredths percent (2.25%)
final
the program, provided
the retirement allowance does not
exceed seventy-five
percent (75%) of the final highest
average salary.
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(d) Effective
July 1, 1999 2001
and on each July 1
thereafter, any
service retirement allowance, survivor
benefit or disability
benefit received by eligible
individuals under this
act shall be adjusted as follows:
(ii) The
benefits existing on each July 1 for
each eligible
individual shall be increased by the lesser
of the percentage
increase in the cost of living as
determined by the
board or by one and one-half percent
(1 1/2%)
(iii) The amount
of any percentage increase in
the cost of living
which exceeds one and one-half percent
(1 1/2%)
accumulated and added
to the percentage increases in the
cost of living for
future years;
(vi) The total
benefit adjustment under this
subsection shall not
exceed one and one-half percent
(1 1/2%)
year.
9-3-611. Eligibility and amount of
disability
allowance.
(d) Disability
allowances shall be as follows:
(i) Fifty
percent (50%) of final highest average
salary for duty-connected
or ordinary total disability;
(ii) Thirty-five
percent (35%) of final highest
average salary for
duty-connected partial disability; and
(iii) Twenty-five
percent (25%) of final highest
average salary for
ordinary partial disability.
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Section 2. W.S. 9-3-602(a)(vii)
is repealed.
Section 3. This act is
effective July 1, 2001.
(END)
Speaker of
the House President of
the Senate
Governor
TIME APPROVED: _________
DATE APPROVED: _________
I hereby certify that this
act originated in the House.
Chief Clerk
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