SF0080 - Retirement-EMT pension fund.

 

2001

State of Wyoming

01LSO-0387

 

 

 

SENATE FILE NO.  SF0080

 

 

Retirement-EMT pension fund.

 

Sponsored by:

 

 

A BILL

 

for

 

 1  AN ACT relating to emergency medical technicians; creating
 2  a volunteer emergency medical technician pension fund as
 3  specified; providing for administration; providing an
 4  appropriation as specified; and providing for an effective
 5  date.

 6 

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

 8 

 9         Section 1.  W.S. 35-28-101 through 35-28-113 are
10  created to read:

11 

12                              CHAPTER 28

13         VOLUNTEER EMERGENCY MEDICAL TECHNICIAN PENSION FUND

14 

15         35-28-101.  Definitions.

16 

17         (a)  As used in this act:

 

Page  1

 

 

 

 1 

 2              (i)  "Board" means the volunteer emergency
 3  medical technician (EMT) pension board established by this
 4  chapter;

 5 

 6              (ii)  "Children" means all natural children and
 7  adoptive children of the participating member, born or
 8  conceived at the time of his death or retirement;

 9 

10              (iii)  "Emergency medical technician" or "EMT"
11  means as defined by W.S. 33-36-102(a)(x) who devotes less
12  than his entire time of employment to serving as a
13  volunteer EMT;

14 

15              (iv)  "Entry age" means the earliest date from
16  which contributions have been regularly received by the
17  fund for the participating member;

18 

19              (v)  "Fund" means the volunteer emergency medical
20  technician (EMT) pension account within the trust and
21  agency fund established by W.S. 35-28-102;

22 

23              (vi)  "Participating member" means any volunteer
24  EMT for whom payments are received by the volunteer

 

Page  2

 

 

 

 1  emergency medical technician pension fund as prescribed in
 2  W.S. 35-28-107(e);

 3 

 4              (vii)  "Spouse" means the lawful spouse of a
 5  participating member who was married to the volunteer EMT
 6  at the time of the volunteer EMT's entry into the fund, or
 7  who although married after the date of entry, is recognized
 8  as the spouse covered by the benefits of the fund as a
 9  result of special action of the board.

10 

11         35-28-102.  Fund account created; administration;
12  disbursements from account.

13 

14         (a)  The volunteer emergency medical technician
15  pension account within the trust and agency fund is
16  created. All awards, benefits and pensions established
17  under this chapter shall be paid from the fund account.

18 

19         (b)  The fund account established under subsection (a)
20  of this section shall be controlled by the board and
21  administered by the director of the Wyoming retirement
22  system. All expenses of administration shall be paid by the
23  fund. Disbursements from the fund shall be made only on
24  duly authorized vouchers signed by the retirement system

 

Page  3

 

 

 

 1  director in his capacity as chairman of the board and any
 2  member of the board, and presented to the state auditor for
 3  payment.

 4 

 5         35-28-103.  Biennial audit; state's liability.

 6 

 7         (a)  The director of the state department of audit or
 8  his designee shall make a biennial audit of the fund
 9  account established under W.S. 35-28-102 and shall report
10  audit findings to the board and the governor.

11 

12         (b)  The fund account created by W.S. 35-28-102 shall
13  be administered without liability on the part of the state
14  beyond the amount of the funds available to the fund
15  account.

16 

17         35-28-104.  Authority to receive donations; investment
18  of monies; employment of actuary; actuarial reports.

19 

20         (a)  In addition to contributions from the state, the
21  board may receive and credit to the fund any gifts,
22  donations and other contributions made by individuals,
23  organizations and cities, towns and counties for the
24  benefit of the fund. The board may invest monies within the

 

Page  4

 

 

 

 1  fund not immediately necessary to pay benefits, awards or
 2  pensions under this chapter, in investments authorized
 3  under W.S. 9-3-408(b).

 4 

 5         (b)  The board shall employ a consulting actuary to
 6  review the fund at least once every four (4) years to
 7  determine its solvency and to make recommendations as to
 8  revisions and modifications of the plan. The board may
 9  employ legal and other consultants as necessary. Actuarial
10  reports are public records and available for inspection by
11  all participating members of the fund.

12 

13         35-28-105.  Contributions by volunteer EMTs;
14  collection; dual participation prohibited.

15 

16         (a)  Participating volunteer emergency medical
17  technicians shall pay to the fund the amount required under
18  W.S. 35-28-107(e). Payments shall be collected upon terms
19  and conditions established by the board under W.S.
20  35-28-107(e) and shall be forwarded by each collecting
21  officer to the state retirement director for deposit in the
22  fund.

23 

 

Page  5

 

 

 

 1         (b)  No member of the volunteer firemen's pension fund
 2  established under W.S. 35-9-601 through 35-9-615 shall be
 3  eligible for membership in the fund created by this
 4  chapter.

 5 

 6         35-25-106.  Contributions by cities, towns or
 7  counties.

 8 

 9  In addition to any other amounts appropriated to the fund
10  and to reduce the expense to participating volunteer
11  emergency medical technicians, each city, town or county
12  utilizing volunteer emergency medical technicians may upon
13  a resolution passed by its governing body, pay all or a
14  portion of or may match the contribution required to be
15  paid by a participating volunteer emergency medical
16  technician to the fund. Any contribution by a local
17  governing body under this section shall be entirely
18  voluntary and may be entered into at the discretion of the
19  local governing body as an incentive to improve emergency
20  medical services.

21 

22         35-28-107.  Benefits enumerated; death of participant
23  or spouse; amount and payment of contributions; withdrawal
24  from plan.

 

Page  6

 

 

 

 1 

 2         (a)  For any participating member attaining the
 3  retirement age corresponding to his entry age as specified
 4  under subsection (d) of this section, the board shall
 5  authorize a monthly payment to the member during his
 6  remaining lifetime of an amount equal to the member's
 7  pension benefit corresponding to his entry age as
 8  prescribed under subsection (d) of this section.

 9 

10         (b)  Upon the death of any participating member, the
11  board shall authorize a monthly payment to the surviving
12  spouse of the member during the spouse's remaining lifetime
13  of an amount equal to the surviving spouse's benefit
14  corresponding to the entry age of the member as specified
15  under subsection (d) of this section.

16 

17         (c)  Upon the death of the last survivor of any
18  participating member and his spouse, with children who have
19  not attained the age of twenty-one (21) years at the time
20  of death, the board shall authorize a monthly payment to
21  the lawful guardian of each child of an amount equal to the
22  children's benefit corresponding to the entry age of the
23  member as specified under subsection (d) of this section.

24 

 

Page  7

 

 

 

 1         (d)  The following prescribes the member's pension
 2  benefit, surviving spouse's benefit and children's benefit
 3  for all entry ages. The amounts specified in this
 4  subsection are applicable to members participating at a
 5  contribution rate equal to twelve dollars and fifty cents
 6  ($12.50) per month:

 7 

 8  Age at

 9  Entry

10  Into      Ret.              Member          Spouse     Children

11  Plan      Age               Pension         Benefit    Benefit

12 

13  15  60     583.74           389.16           194.58

14  16  60     568.56           379.04           189.52

15  17  60     553.38           368.92           184.46

16  18  60     538.20           358.80           179.40

17  19  60     523.02           348.68           174.34

18  20  60     507.84           338.56           169.28

19  21  60     492.66           328.44           164.22

20  22  60     477.48           318.32           159.16

21  23  60     462.30           308.20           154.10

22  24  60     447.12           298.08           149.04

23  25  60     431.25           287.50           143.75

24  26  60     416.76           277.84           138.92

 

Page  8

 

 

 

 1  27  60     401.58           267.72           133.86

 2  28  60     386.40           257.60           128.80

 3  29  60     371.22           247.48           123.74

 4  30  60     356.04           237.36           118.68

 5  31  60     340.86           227.24           113.62

 6  32  60     325.68           217.12           108.56

 7  33  60     310.50           207.00           103.50

 8  34  60     295.32           196.88            98.44

 9  35  60     280.14           186.76            93.38

10  36  60     269.10           179.40            89.70

11  37  60     258.06           172.04            86.02

12  38  60     247.02           164.68            82.34

13  39  60     235.98           157.32            78.66

14  40  60     224.94           149.96            74.98

15  41  60     213.90           142.60            71.30

16  42  60     202.86           135.24            67.62

17  43  60     191.82           127.88            63.94

18  44  60     180.78           120.52            60.26

19  45  60     169.74           113.16            56.58

20  46  61     169.74           113.16            56.58

21  47  61     162.84           108.56            54.28

22  48  62     162.84           108.56            54.28

23  49  62     155.94           103.96            51.98

24  50  63     155.94           103.96            51.98

 

Page  9

 

 

 

 1  51  63     149.04            99.36            49.68

 2  52  64     149.04            99.36            49.68

 3  53  64     142.14            94.76            47.38

 4  54  65     142.14            94.76            47.38

 5  55  65     135.24            90.16            45.08

 6  56  66     135.24            90.16            45.08

 7  57  66     128.34            85.56            42.78

 8  58  67     128.34            85.56            42.78

 9  59  67     121.44            80.96            40.48

10  60  68     121.44            80.96            40.48

11  61  68     114.54            76.36            38.18

12  62  69     114.54            76.36            38.18

13  63  69     107.64            71.76            35.88

14  64  70     107.64            71.76            35.88

15  65  70     100.74            67.16            33.58

16 

17         (e)  A volunteer emergency medical technician is a
18  participating member under this chapter for each month a
19  contribution of twelve dollars and fifty cents ($12.50) is
20  made by or on behalf of the member. For purposes of
21  eligibility for benefits under subsections (b), (c) and (g)
22  of this section, a volunteer emergency medical technician
23  is a participating member beginning the first month
24  following the month in which the required monthly payment

 

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 1  and any required application for participation is actually
 2  received by the Wyoming retirement system. To continue as a
 3  participating member, subsequent monthly payments shall be
 4  received by the Wyoming retirement system not later than
 5  three (3) months following the close of the calendar month
 6  for which the payments are applicable. With the consent of
 7  and upon any terms and conditions established by the board,
 8  payments may be accepted at an earlier or later date. The
 9  board shall maintain full and complete records of the
10  contributions made on behalf of each participating member
11  and on request, shall furnish any participating member a
12  statement of the contribution amounts and the dates for
13  which contributions were received. On the death or
14  retirement of any participating member, his entry age shall
15  be determined by the board to be the earliest date from
16  which contributions for the member have been continuously
17  received by the board. If contributions have varied in
18  amount, the board may make appropriate adjustments in the
19  benefits awarded. In making any adjustment, the board shall
20  be guided by actuarial practice to afford substantial
21  equity to members of the plan. No penalty shall be imposed
22  upon any participating member transferring employment in
23  Wyoming if required payments are made on a timely basis.

24 

 

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 1         (f)  A participating member may withdraw from the plan
 2  and upon withdrawal, shall be paid an amount equal to the
 3  amount contributed into his account together with interest
 4  at the rate of three percent (3%) per annum compounded
 5  annually.

 6 

 7         (g)  Upon the death of any participating member, a
 8  death benefit shall be paid in the following manner and
 9  amount:

10 

11              (i)  A lump-sum payment of five thousand dollars
12  ($5,000.00) to the estate of a deceased member who is
13  survived by no person eligible for a benefit under
14  subsection (b) or (c) of this section;

15 

16              (ii)  If the deceased member is survived by a
17  spouse who is eligible to receive a benefit under
18  subsection (b) of this section, an amount equal to five
19  thousand dollars ($5,000.00) less the total amount of
20  benefits received under subsection (b) of this section, to
21  the estate of the spouse at the death of the spouse unless
22  the spouse is survived by a person eligible to receive a
23  benefit under subsection (c) of this section;

24 

 

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 1              (iii)  If a deceased member or that member's
 2  spouse is survived by a person or persons eligible for the
 3  benefit provided by subsection (c) of this section, an
 4  amount equal to five thousand dollars ($5,000.00) less the
 5  total amount of benefits received under subsections (b) and
 6  (c) of this section by all beneficiaries, paid in equal
 7  shares to each of the children living on the date on which
 8  the youngest reaches age twenty-one (21).

 9 

10         (h)  Retired members and their survivors shall receive
11  any benefit increases provided in subsection (d) of this
12  section.

13 

14         (j)  The board shall authorize benefit payments from
15  the fund in accordance with qualified domestic relations
16  orders pursuant to W.S. 9-3-426.

17 

18         35-28-108.  Death benefits in addition to other
19  benefits.

20 

21  Death benefits received under this chapter shall be in
22  addition to and are payable after the application of
23  workmen's compensation benefits which are payable to

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 1  volunteer emergency medical technicians under the Wyoming
 2  Worker's Compensation Act.

 3 

 4         35-28-109.  Board; established; nomination;
 5  appointment; terms and qualification of members.

 6 

 7         (a)  The volunteer emergency medical technician
 8  pension board is created.  The board shall administer the
 9  fund.

10 

11         (b)  The board shall consist of six (6) members who
12  shall be appointed by the governor for staggered terms of
13  three (3) years.  The nominees shall be volunteer emergency
14  medical technicians who have a minimum of five (5) years
15  service as volunteer EMTs in the state. The governor may
16  remove any board member as provided in W.S. 9-1-202.

17 

18         35-28-110.  Board; chairman; compensation of members;
19  powers and duties.

20 

21         (a)  The director of the Wyoming retirement system
22  shall act as an ex officio chairman of the board and shall
23  have a vote.

24 

 

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 1         (b)  Members of the board shall serve without
 2  compensation, but actual and reasonable expenses incurred
 3  by members for attending meetings and representing the
 4  board shall be reimbursed from the fund.

 5 

 6         (c)  The board may:

 7 

 8              (i)  Adjust claims made by participating members
 9  under this chapter and may waive or alter specific
10  requirements relating to benefits under this chapter, but
11  shall not have authority to make a general increase in
12  benefits;

13 

14              (ii)  Make rules and regulations governing its
15  operation;

16 

17              (iii)  Investigate claim applications, conduct
18  hearings, receive evidence and otherwise act in a quasi-
19  judicial capacity;

20 

21              (iv)  In special cases, permit any participating
22  member to retire from active service within his department
23  while continuing monthly pension payments until reaching
24  retirement age under this chapter;

 

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 1 

 2              (v)  Permit the suspension of payments in certain
 3  cases deemed appropriate by the board, with a commensurate
 4  reduction in benefits paid under this chapter.

 5 

 6         35-28-111.  Board; hearings; appeals.

 7 

 8         (a)  The board shall provide a written transcript of
 9  all testimony received at any hearing conducted by the
10  board and shall provide opportunity for hearing to any
11  person petitioning the board for a hearing with or without
12  counsel or witnesses. The board shall provide petitioners
13  the power to subpoena witnesses to testify in their behalf.
14  The taking of evidence shall be summary, giving a full
15  opportunity to all parties to develop the facts fully.

16 

17         (b)  The decision of the board upon hearing is a final
18  administrative decision and is subject to judicial review
19  in accordance with the Wyoming Administrative Procedure
20  Act.

21 

22         35-28-112.  Insurance on members.

23 

 

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 1  The board may purchase insurance on any member covered by
 2  the fund if in its discretion, it is in the best interest
 3  of the fund.

 4 

 5         35-28-113.  Adjustment of benefits in case of
 6  impairment of funds.

 7 

 8  If at any time the net assets of the fund become
 9  actuarially impaired, the board may adjust the benefits
10  provided pro rata until the impairment is removed.

11 

12         Section 2.  Notwithstanding W.S. 35-28-109 created
13  under section 1 of this act, initial members of the
14  volunteer emergency medical technician pension board may be
15  appointed to initial terms of less than three (3) years to
16  enable staggered terms as required under W.S. 35-28-109.

17 

18         Section 3.  For purposes of this act, four hundred
19  eighty-nine thousand one hundred dollars ($489,100.00) is

20  appropriated from the general fund to the volunteer
21  emergency medical technician pension fund account
22  established by W.S. 35-28-102, as created under section 1
23  of this act. Any amounts appropriated from the state for
24  the pension fund account shall be repaid at such time and

 

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 1  in such manner as determined by the volunteer emergency
 2  medical technician pension board to maintain the actuarial
 3  soundness of the pension fund account.

 4 

 5         Section 4.  This act is effective July 1, 2001.

 6 

 7                         (END)

 

Page 18