9-3-417. Determination of eligibility for retirement; board to determine equivalent of years of service; credit for military service.
(a) The board shall determine the total years of service creditable to each member for the purpose of determining eligibility for retirement under this article including law enforcement officers for retirement under W.S. 9-3-432. It may require members to file detailed statements of all service as a covered member and to give other necessary information as a condition to the receipt of benefits under this article.
(b) The board shall determine and adopt appropriate rules and regulations defining how much service in any year is the equivalent of one (1) year of service, but in no case shall it allow credit for more than one (1) year of service for all service rendered within one (1) calendar year. In addition, part-time employment shall be credited as follows, with eighty-six (86) or more hours per month considered full-time employment:
(i) Forty (40) or more but less than eighty-six (86) hours per month--one half (1/2) month credit;
(ii) less than forty (40) hours per month--one quarter (1/4) month credit.
(c) Credit shall be allowed for any period of time after commencement of participation in the retirement program which a member spends in active military or other emergency service of the United States in accordance with rules adopted by the board pursuant to the Uniformed Services Employment and Reemployment Rights Act, 38 U.S.C. 4301 et seq. In accordance with rule and regulation of the board, until June 30, 2018 up to two (2) years of credit allowed under this subsection may be provided at no cost to the member. After June 30, 2010, each state agency, department or institution, including the University of Wyoming and the community colleges shall estimate the amount required for provision of credits under this subsection for the next biennium and shall include the estimate in the agency's biennial budget request. Provision for payment of employer's contributions under this subsection shall be as provided in W.S. 9-3-414.
(d) Repealed by Laws 1994, ch. 67, ยง 3.
Structure Wyoming Statutes
Title 9 - Administration of the Government
Chapter 3 - Compensation and Benefits
Section 9-3-401 - Short Title.
Section 9-3-402 - Definitions.
Section 9-3-403 - Wyoming Retirement System; Establishment; Purpose; Powers as Body Corporate.
Section 9-3-405 - Retirement Board Duties and Powers.
Section 9-3-411 - Retirement Board; Right to Hearing Before Board; Judicial Review.
Section 9-3-415 - When Retirement Permitted; Service Credit.
Section 9-3-418 - Amount of Service Retirement Benefit; Firefighter Members Excluded.
Section 9-3-419 - Retirement Benefit Adjustments.
Section 9-3-420 - Option as to Form of Benefit; Beneficiary Designations.
Section 9-3-427 - Other Retirement Plans Prohibited.
Section 9-3-428 - Construction of Article; Limitation of Liability of State; Termination of System.
Section 9-3-429 - False Statements and Records Prohibited; Right to Modify Article.
Section 9-3-433 - Short Title.
Section 9-3-434 - Definitions.
Section 9-3-436 - Establishment of Trust.
Section 9-3-437 - Powers of Trustee.
Section 9-3-438 - Delegation of Functions.
Section 9-3-439 - General Duties of Trustee and Fiduciary.
Section 9-3-440 - Duties of Trustee in Investing and Managing Assets of Retirement System.
Section 9-3-441 - Special Application of Duties.
Section 9-3-442 - Reviewing Compliance.
Section 9-3-443 - Liability of Trustee or Other Fiduciary.
Section 9-3-444 - Open Meetings and Records.
Section 9-3-445 - Disclosure to Public.
Section 9-3-446 - Disclosure to Participants and Beneficiaries.
Section 9-3-447 - Reports to Agency.
Section 9-3-448 - Summary Plan Description.
Section 9-3-449 - Annual Disclosure of Financial and Actuarial Status.
Section 9-3-450 - Annual Report.
Section 9-3-451 - Enforcement.
Section 9-3-452 - Alienation of Benefits.
Section 9-3-454 - Required Determinations for Recommended Benefit Increases.