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HB0091

Wyoming Retirement Act (HB0091)

Last scannedOct 18, 2026, 2:19 AM

In one sentence

This bill proposed creating a new defined contribution retirement plan for state employees hired after September 1, 2013, and allowing current employees to switch from the existing defined benefit plan.

What it does

  • Establishes a defined contribution retirement plan for eligible employees of participating employers.
  • Closes the current defined benefit plan to new enrollees hired on or after September 1, 2013.
  • Allows current defined benefit plan members to elect to terminate their membership and join the defined contribution plan.
  • Requires employers to make contributions to the new plan for eligible employees.
  • Directs the retirement board to adopt rules, policies, and a plan document to administer the new plan.

Who it affects

  • Individuals who become employees for whom contributions are made for service performed on or after September 1, 2013.
  • Current members of the defined benefit plan who may elect to switch to the defined contribution plan.
  • The Wyoming retirement board and participating employers.

Limits and unknowns

  • The bill did not pass and did not become law.
  • The provided text is a working draft and may not reflect the final version of the proposal.
  • The text cuts off before explaining all rules for employees who leave and then return to work.

Plain language

Terms to know

Defined contribution plan
A retirement plan established under this bill where members have individual accounts holding their contributions, employer contributions, and earnings.
Defined benefit plan
The existing retirement plan established under W.S. 9-3-401 through 9-3-432, which this bill distinguishes from the new defined contribution plan.
Service credit
The credit earned by a plan member under either the defined benefit plan or the defined contribution plan, calculated on the same basis for both.

Official record

Sources

Source checked

Public statements

Why lawmakers voted

Last checked Aug 7, 5:34 PM

Voted No

Why they voted this way

The lawmaker opposes the bill because it represents a monumental shift in retirement plans that has not been given adequate time for study by the Retirement Board or others.

Public statementFloor statement at 23:48 Watch the statement
Voted No

Why they voted this way

The lawmaker opposes passing this measure during a budget session, arguing that such significant issues require a blue-ribbon committee and extensive public input rather than rushed action.

Public statementFloor statement at 24:47 Watch the statement
Voted Yes

Why they voted this way

The lawmaker supports the bill as an important change affecting 35,000 employees and addresses a potential liability that must be corrected in the future.

Public statementFloor statement at 25:48 Watch the statement

If a lawmaker is not listed, we couldn't find a published reason.

Wyoming roll calls

Recorded votes

1 roll call

Official activity

Bill history

  1. H Failed IntroductionHouse
  2. H Received for IntroductionHouse
  3. Bill Number AssignedLSO