ORIGINAL HOUSE                                           

BILL   NO.  0202

 

ENROLLED ACT NO. 24,  HOUSE OF REPRESENTATIVES

 

FIFTY-SIXTH LEGISLATURE OF THE STATE OF WYOMING

2001 GENERAL SESSION

 

 

 

 

AN ACT relating to state retirement; modifying conditions
for reemployment of retired members as specified; and
providing for an effective date.

 

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

 

Section 1.  W.S. 9-3-415 by creating new subsections
(g) through (j) is amended to read:

 

9-3-415.  When retirement permitted; service credit;
reemployment of retiree.

 

(g)  Subject to subsection (h) of this section and in
accordance with rule and regulation of the board protecting
the actuarial integrity of the system and its status as a
federally qualified plan, any retired member rehired by a
participating employer shall notify the board in writing of
his election to:

 

(i)  Discontinue retirement benefits and be
reinstated as a contributing member; or

 

(ii)  Continue receiving retirement benefits and
not be reinstated as a contributing member.

 

(h)  Except as otherwise provided in this subsection,
if a retired member is rehired by a participating employer
on a permanent, full-time basis within six (6) months from
the date of payment of the first monthly retirement benefit
under the system following retirement, the member shall
immediately notify the board and request his benefit
payment be cancelled and that he be reinstated as a
contributing member. If within this six (6) month period
and following a break in service of at least thirty (30)
days, a retired member may continue to receive a retirement

 

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benefit in accordance with paragraph (g)(ii) of this
section if he is:

 

(i)  Reemployed:

 

(A)  On a part-time basis for less than
twenty (20) hours per week or for twenty (20) hours or more
per week but not more than six (6) months in any
consecutive twelve (12) month period; or

 

(B)  Only once on a full-time basis for not
more than ten (10) consecutive months pursuant to a bona
fide, documented employer emergency.

 

(ii)  Not employed on a permanent, full-time
basis by a participating employer within six (6) months
following termination of part-time or emergency
reemployment under paragraph (i) of this subsection.

 

(j)  If any retired member violates subsection (h) of
this section, the board shall immediately cancel his
retirement benefit and shall reinstate that member as a
contributing member.

 

Section 2.  W.S. 9-3-415(c) is repealed.

 

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Section 3.  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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