Wyoming2013Inactive
HB0045
Changes to Firefighter Pension Benefit Increases
Last scannedOct 19, 2026, 2:19 AM
In one sentence
This bill proposes changing how annual pension increases are calculated for retired firefighters in Wyoming to address the fund's financial status.
What it does
- Changes the rule for annual pension increases from a fixed 3% to a variable amount determined by the actuary.
- Allows the pension board to increase benefits if the fund's assets are worth more than 100% of its liabilities.
- Limits the maximum increase to an amount that keeps the fund's assets above 100% of its liabilities.
- States that the legislature found the plan had an unfunded liability of over $42 million if the old 3% rule continued.
- Clarifies that past pension increases already paid will not be reduced.
Who it affects
- Retired firefighters who receive pension benefits.
- Survivors and disabled individuals who receive benefits under the firemen's pension plan.
- The Wyoming State Treasurer, who administers the pension fund.
Limits and unknowns
- The bill is marked as inactive and did not pass the House committee in 2013.
- The specific dollar amount of future increases depends on the fund's financial performance each year.
Plain language
Terms to know
- Actuarial value
- The estimated value of the pension fund's assets and debts based on financial calculations.
- Unfunded liability
- The amount of money the pension fund owes in benefits that it does not currently have in assets to cover.
Official record
Sources
Public statements
Why lawmakers voted
Last checked Aug 7, 12:59 PM
Couldn't find a published reason.
Wyoming roll calls
Recorded votes
1 roll call
H Committee Returned Bill Pursuant to HR 5-4 1-5-0-0-12013-02-26 · House1 yes 5 no
- Yes
- 1
- No
- 5
- Absent
- 0
- Excused
- 0
- Conflict
- 1
Official activity
Bill history
- H Committee Returned Bill Pursuant to HR 5-4House
- H Introduced and referred to H02; No report prior to CoW CutoffHouse
- H Introduced and Referred to H02House
- H Received for IntroductionHouse
- Bill Number AssignedLSO