Please Note: The following summaries of legislation enacted during the 2004 Legislative Session were prepared by the Legal Services Division Staff for internal use by the Legislative Service Office.

This report is not an official publication of the Wyoming Legislature and does not purport to be an official statement of legislative intent concerning any measure enacted by the Legislature.

The bill summaries contained in this report were prepared as an aid to locating enacted legislation and as a brief recap of the major provisions of each bill. While the information provided in these summaries is accurate, the summaries are not intended as a detailed abstract and reference should be made to the enacted bills for more complete information.

Bill No.: SF0068 Drafter: DRN

LSO No.: 04LSO-0035.C1 Effective Date: 7/1/2004

Enrolled Act No.: SEA0017

Chapter No.: 55

Prime Sponsor: Joint Appropriations Interim Committee

Catch Title: Retirement-COLA.

Subject: Cost-of-living adjustments for retirement systems under the jurisdiction of the Wyoming retirement board, including:

1. The state retirement plan;

2. Law enforcement retirement;

3. State highway patrol, game and fish warden and criminal investigator retirement;

4. Judicial retirement;

5. Firemen's plan B;

6. Volunteer firemen retirement.

Summary/Major Elements:

· Clarifies the determination of annual cost-of-living adjustments to retirement benefits may be adjusted to a level that is actuarially sound as determined by the retirement system actuary.