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SF0057 • 2008

Hospitals-participation in state retirement.

AN ACT relating to the Wyoming retirement system; allowing employees of county memorial hospitals and special hospital districts to participate in the retirement system; prohibiting participation in multiple retirement programs as specified; amending a definition; conditioning implementation upon receipt of required payments; providing for funding; and providing for an effective date.

Healthcare
Enacted

This bill passed the Legislature and reached final enactment based on the latest official action.

Sponsor
Senator Anderson, Jim
Last action
2008-03-05
Official status
enrolled
Effective date
7/1/2008

Plain English Breakdown

The plain English breakdown is still being put together. The official documents below are already here.

Bill History

  1. 2008-03-05 LSO

    Assigned Chapter Number - 45

  2. 2008-03-05 Governor

    Governor Signed SEA0020

  3. 2008-03-03 House

    H Speaker Signed SEA No. 0020

  4. 2008-02-29 Senate

    S President Signed SEA No. 0020

  5. 2008-02-29 LSO

    Assigned Number SEA0020

  6. 2008-02-29 House

    H Passed 3rd Reading

  7. 2008-02-28 House

    H Passed 2nd Reading

  8. 2008-02-27 House

    H Passed CoW

  9. 2008-02-26 House

    H Placed on General File

  10. 2008-02-26 House

    H09 Recommended Do Pass

  11. 2008-02-19 House

    H Introduced and Referred to H09

  12. 2008-02-18 House

    H Received for Introduction

  13. 2008-02-18 Senate

    S Passed 3rd Reading

  14. 2008-02-15 Senate

    S Passed 2nd Reading

  15. 2008-02-14 Senate

    S Passed CoW

  16. 2008-02-13 Senate

    S Placed on General File

  17. 2008-02-13 Senate

    S02 Recommended Do Pass

  18. 2008-02-12 Senate

    S Introduced and Referred to S02

  19. 2008-02-11 Senate

    S Received for Introduction

  20. 2008-02-04 LSO

    Bill Number Assigned

Official Summary Text

2008 General Session Summary for SF0057

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.

Current Bill Text

Read the full stored bill text 
WORKING DRAFT

ORIGINAL SENATE

FILE

NO.
0057

ENROLLED ACT NO. 20, SENATE

FIFTY-NINTH LEGISLATURE OF THE STATE OF
WYOMING
2008 BUDGET SESSION

AN ACT relating to the Wyoming retirement system; allowing
employees of
county
memorial hospitals
and special hospital
districts
to participate in the retirement system; prohibiting participation in multiple retirement programs as specified; amending a definition; conditioning implementation upon receipt of required payments; providing for funding; and providing for an effective date.

Be It Enacted by the Legislature of the State of
Wyoming
:

Section 1.
W.S. 9
‑
3
‑
402(a)(vi)(B) and 9
‑
3
‑
427 are amended to read:

9
‑
3
‑
402.

Definitions.

(a)

As used in this article:

(vi)

"Employer" or "participating employer" means:

(B)

Any county,
except
county memorial
hospitals or
hospital,
special hospital
districts
district
, city or town or legally constituted department designated to the board by the appropriate governing body as an employer under this article;

9
‑
3
‑
427.

Other retirement plans prohibited.

The establishment of any annuity plan, limited service plan, pension or retirement system other than that provided by this article by any department, board, bureau or agency of the state or by any political subdivision of the state is prohibited, except this prohibition does not apply to the Wyoming state highway patrol, game and fish warden and criminal investigator retirement program.
Any county memorial hospital or special hospital district that elects to participate in the state retirement system shall not otherwise participate in any other retirement system.

Section 2.
W.S. 9
‑
3
‑
402(a)(vii)(F)(III) is repealed.

Section 3.

(a)

Coverage of county hospital or special hospital district employees as authorized under section 1 of this act shall not be implemented by the Wyoming retirement board until funds payable to the Wyoming retirement system are received for deposit into the retirement account, as necessary for maintaining the actuarial integrity of the account and funding all liability arising under this act, for years of service prior to the date of entry or expansion of coverage.

(b)

Prior to January 1, 2009, any county memorial hospital or special hospital district shall elect to participate in either the retirement plan offered by the institution or the
Wyoming
retirement system. Each hospital shall, prior to January 1, 2009, provide written notice to the
Wyoming
retirement board of its election under this subsection.

Section 4.
This act is effective July 1, 2008.

(END)

Speaker of the House

President of the Senate

Governor

TIME APPROVED: _________

DATE APPROVED: _________

I hereby certify that this act originated in the Senate.

Chief Clerk

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