Bill No.: SF0057 Drafter: JWL
LSO No.: 08LSO-0333 Effective Date: 7/1/2008
Enrolled Act No.: SEA0020
Chapter No.: 45
Prime Sponsor: Senator Anderson, J.
Catch Title: Hospitals-participation in state retirement.
Subject: Authorizes public hospitals to elect participation in the Wyoming state retirement system.
Summary/Major Elements:
· This act:
· authorizes public hospitals, including county memorial hospitals and special hospital districts, to elect participation in the state retirement system;
· requires hospitals electing coverage to pay into the retirement system the actuarial cost of fund liability for service prior to the election of coverage;
· requires each public hospital, by January 1, 2009, to elect to participate exclusively in the state retirement system or in the hospital's own retirement plan.