HB0252 • 2009

Wyoming retirement system-hospital participation.

AN ACT relating to the Wyoming retirement system; repealing deadline for hospital participation in the system; requiring notice of hospital participation; and providing for an effective date.

Healthcare Labor

Enacted

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

Sponsor: Representative Landon
Last action: 2009-03-03
Official status: enrolled
Effective date: 3/2/2009

Plain English Breakdown

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

Bill History

2009-03-03 LSO
Assigned Chapter Number - 108
2009-03-02 Governor
Governor Signed HEA No. 0068
2009-02-26 Senate
S President Signed HEA No. 0068
2009-02-26 House
H Speaker Signed HEA No. 0068
2009-02-25 LSO
Assigned Number HEA No. 0068
2009-02-25 Senate
S Passed 3rd Reading
2009-02-24 Senate
S Passed 2nd Reading
2009-02-23 Senate
S Passed CoW
2009-02-18 Senate
S Placed on General File
2009-02-18 Senate
S02 Recommended Do Pass
2009-02-09 Senate
S Introduced and Referred to S02
2009-02-09 Senate
S Received for Introduction
2009-02-09 House
H Passed 3rd Reading
2009-02-06 House
H Passed 2nd Reading
2009-02-05 House
H Passed CoW
2009-01-29 House
H Placed on General File
2009-01-29 House
H02 Recommended Do Pass
2009-01-23 House
H Introduced and Referred to H02
2009-01-22 House
H Received for Introduction
2009-01-21 LSO
Bill Number Assigned

Official Summary Text

Bill No.: <billno> Drafter: <drafterinit>

Bill No.:
HB0252
Drafter:

DJL

LSO No.:
09LSO-0537
Effective Date:

3/2/2009

Enrolled Act No.:
HEA0068

Chapter No.:
108

Prime Sponsor:
Representative
Landon

Catch Title:
Wyoming retirement system-hospital
participation.

Subject:
Participation in the Wyoming retirement system
by county hospitals and special hospital districts.

Summary/Major Elements:

In 2008, employees of county
memorial hospitals and special hospital districts were allowed to participate
in the Wyoming retirement system if that institution elected to not participate
in any other retirement system;

Under the 2008 law, county
hospitals and special hospital districts were not allowed to participate until
sufficient funds were deposited into the retirement account necessary to
maintain account actuarial integrity. Further, each institution had to elect
whether or not to participate prior to January 1, 2009;

Effective under the enacted
law, county hospitals and special hospital districts must provide the
retirement board with written notice of an election for participation in the
state system, together with a requirement that participation be contingent upon
receipt of sufficient funding of prior employee service to maintain actuarial
soundness of retirement account;

The January 1, 2009 election
date was repealed.

Current Bill Text

Read the full stored bill text

WORKING DRAFT

ORIGINAL HOUSE

BILL

NO.
0252

ENROLLED ACT NO. 68, HOUSE OF REPRESENTATIVES

SIXTIETH LEGISLATURE OF THE STATE OF
WYOMING
2009 GENERAL SESSION

AN ACT relating to the Wyoming retirement system; repealing deadline for hospital participation in the system; requiring notice of hospital participation; and providing for an effective date.

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

Section 1.

W.S. 9
‑
3
‑
409(b) by creating a new paragraph (iv) is amended to read:

9
‑
3
‑
409.

Retirement board; rules and regulations; powers and privileges required to perform functions; requiring employers to furnish information and keep records.

(b)

The board shall:

(iv)

Require any county memorial hospital or special hospital district electing to participate in the
Wyoming
retirement system to provide written notice to the board of its election pursuant board issued guidelines.

The board shall not implement coverage for any county memorial hospital or special hospital district employee 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.

Section 2.

2008 Wyoming Sessi
on Laws, Chapter 45, Section 3
is repealed.

Section 3.

This act is effective immediately upon completion of all acts necessary for a bill to become law as provided by Article 4, Section 8 of the Wyoming Constitution.

(END)

Speaker of the House

President of the Senate

Governor

TIME APPROVED: _________

DATE APPROVED: _________

I hereby certify that this act originated in the House.

Chief Clerk