ORIGINAL HOUSE

BILL NO. 0196

ENROLLED ACT NO. 23, HOUSE OF REPRESENTATIVES

FIFTY-SIXTH LEGISLATURE OF THE STATE OF WYOMING

2001 GENERAL SESSION

AN ACT relating to policemen pensions; authorizing cities
and towns to pay the police officer's contribution to his
pension fund; and providing for an effective date.

Be It Enacted by the Legislature of the State of Wyoming:

Section 1. W.S. 15-5-302(a) and (b) is amended to
read:

15-5-302. Pension fund; contributions; salary
deductions; unfunded liability; city or town and state
responsibilities; adjustment of contributions.

(a) The city or town shall contribute annually to the
existing account an actuarially determined amount which
combined with the police officers' contributions, or
contributions made on his behalf, will be sufficient to
meet the normal costs of the account. The proceeds from the
contribution shall be placed with the city treasurer in the
existing account within the policemen pension fund. In
addition, in accordance with subsection (f) of this
section, the city treasurer shall may deduct from the
salary of each police officer employed prior to July 1,
1981, an amount not to exceed eight percent (8%) of the
monthly compensation payable to that officer and, if
deducted, shall place it in the existing account within the
policemen pension fund. In lieu of deducting from the
salary of each police officer the amount specified in this
subsection, the city treasurer may, upon approval by the
governing body of the city or town, contribute a like
amount into the policemen pension fund.

(b) Notwithstanding the provisions of subsection (a)
of this section, the city treasurer shall may deduct from
the salary of each police officer employed after June 30,

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1981 an amount specified by the board, which shall be
actuarially determined. Each city or town shall contribute
an amount equal to the amount contributed by each police
officer, or by the city or town on behalf of the police
officer, under this subsection. All contributions under
this subsection shall be deposited in the new account
within the policemen pension fund.

Section 2. This act is effective immediately upon
completion of all acts necessary for a bill to become law
as provided by Article 4, Section 8 of the Wyoming
Constitution.

(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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