Official summary
2008 General Session Summary for SF0083
Bill No.:
SF0083
Drafter:
DRN
LSO No.:
08LSO-0101
Effective Date:
Enrolled Act No.:
SEA0037
Chapter No.:
Prime Sponsor:
Senator
Job
Catch Title:
Retirement-rehired
retirees.
Subject:
Re-employment
after retirement under the Wyoming retirement system.
Summary/Major Elements:
2007 Laws, Chapter 78 allowed
the hiring of state retirees following a thirty day break in service if a fee
was paid to the retirement system equal to the required retirement contribution
for that rehired position (provided employer flexibility to hire needed
positions and at the same time, eliminated actuarial concerns expressed by the
retirement system);
This act limits the type of
position covered under this rehire provision by requiring the filled position
to be a "full-time" position of a regular contributing employee.
This enables a retiree to be employed as a substitute teacher or to take a
part-time position without forcing the employer to pay the contribution fee.