SF0030 Highway patrol, game warden and investigator retirement. |…

Official Summary Text

SF0030

Bill No.:
SF0030
Drafter:

DKG

LSO No.:
12LSO-0162
Effective Date:

July 1, 2012

Enrolled Act No.:
SEA0011

Chapter No.:
CH0023

Prime Sponsor:
Joint
Appropriations Interim Committee

Catch Title:
Highway patrol, game warden and
investigator retirement.

Subject:
Employee and employer contributions to
the highway patrol, game warden and investigator retirement fund.

Summary/Major Elements:

This act increases the
employee and employer contributions to the highway patrol, game warden and investigator
retirement fund.

Employee contributions are
increased from eleven and two one-hundredths percent (11.02%) to twelve and
sixty-four hundredths percent (12.64%), with the increase paid through a
reduction in cash salary.

Employer contributions are
increased from eleven and thirty-three one-hundredths percent (11.33%) to
twelve and ninety-six hundredths percent (12.96%).

This act provides
appropriations for the increased employer contribution.

Current Bill Text

Read the full stored bill text

WORKING DRAFT

ORIGINAL SENATE
FILE

NO.
0030

ENROLLED ACT NO. 11, SENATE

SIXTY-FIRST LEGISLATURE OF THE STATE OF WYOMING
2012 BUDGET SESSION

AN ACT relating to
the
Wyoming State Highway Patrol, Game and Fish Warden and Criminal Investigator Retirement Act
; raising the employee
and employer
contribution
s
required under the
a
ct;

repealing obsolete and inconsistent language;
providing appropriations;
a
nd providing for an effective date.

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

Section 1.
W.S. 9
‑
3
‑
604(a)
, (b)
,
(c)(i) and (ii) and 9
‑
3
‑
605 are amended to read:

9
‑
3
‑
604.

Employee contributions.

(a)

Except as otherwise provided in this section, every employee covered by this article shall pay into the fund
eleven and two one-hundredths percent (11.02%)

twelve and sixty-
four
hundredths percent (12.6
4
%)
of his salary.
To the extent not paid by an employer on behalf of the member,

t
his payment shall be deducted each pay period from employees' salaries by the respective chief fiscal officers of the employers.

(b)

From and after July 1, 1983
T
he contributions required by subsection (a) of this section shall be paid by the employer for employees covered under this article in order to be treated as employer contributions for the sole purpose of determining tax treatment under the United States internal revenue code.

(c)

The contributions under subsection (b) of this section shall be paid from the source of funds which is used in paying salary to the employee. The employer may pay these contributions by a reduction in cash salary of the employee or by an offset against a future salary increase,
or by a combination of a reduction in salary and an offset against a future salary increase, provided:

(i)

No such salary reduction or offset, or combination thereof, shall exceed
the percentage amount actually being deducted from an employee's salary for contributions to the retirement program
;

as of July 1, 1983
;

and

(ii)

Except as otherwise provided in this paragraph, a
ny employer may pay any amount of an employee's share of retirement contributions without a salary reduction or offset, or combination thereof.

On and after July 1, 2012,
at least
one and sixty-
two
hundredths percent (1.6
2
%) of the employee's share of retirement contributions shall
be paid through a reduction in cash salary of the employee

unless specified otherwise by legislative act
.

9
‑
3
‑
605.

Employer contributions.

Each employer subject to this article shall pay into the fund a contribution equal to
eleven and thirty-three one-hundredths percent (11.33%)

twelve and ninety-six hundredths percent (12.96%)

of all salaries paid to its employees
.

and may pay into the fund any amount of the employees' share of retirement contributions.

These contributions, together with the employees' contributions,

if any,

shall be transferred and credited to the retirement program in a manner the board directs.

Section 2.

(a)

There is appropriated
the following
for the period specified in subsection (b) of this section
:

(i)

From the general fund to the office of the attorney general one hundred twenty-one thousand dollars ($121,000.00);

(ii)

From the game and fish fund to the game and fish commission one hundred ninety-three thousand dollars ($193,000.00);

(iii)

From the highway fund to the department of transportation five hundred thirty-five thousand dollars ($535,000.00)
.

(b)

The appropriations under subsection (a) of this section shall only be expended for the purpose of providing each state agency's increased employer contribution required by W.S. 9
‑
3
‑
605 as amended by this act, for the 2013-2014 fiscal biennium.

(
c)

No part of these appropriations shall be used to provide the increased employee contribution required by this act. Notwithstanding any other provision of law, the appropriations under this section shall not be transferred or expended for any purpose other than as specified in this section. Any unexpended, unobligated funds remaining from the appropriations under this section shall revert as provided by law on June 30, 2014.

Section
3
.
This act is effective July 1, 2012.

(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

Highway patrol, game warden and investigator retirement.

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Official Summary Text

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