Title 15 · WY
15-5-418;
Citation: Wyo. Stat. § 15-5-418
Section: 15-5-418
15-5-418;
(xiii) "Pension system" means the retirement and disability plans for employees covered under the provisions of this article or W.S. 15-5-201 through 15-5-209;
(xiv) "Primary survivor" means any person in the following order of priority, unless the priority is changed by the member on a form prescribed by the board and filed with the board at the time of the member's death:
(A) The surviving spouse; or
(B) If there is no eligible surviving spouse, a dependent child, or with the survivor's pension divided among them in equal shares, all such children, including any resulting from a pregnancy prior to the member's death.
(xv) "Retired member" means any member who has terminated service, other than an inactive member, who is eligible to receive a service or disability pension under this article;
(xvi) "Accumulated contributions" means:
(A) For a member who has a vested right to a service pension or a member initially employed before July 1, 2018, the member's contributions paid from any source;
(B) For a member who is neither eligible for a service nor disability pension nor has a vested right to a service pension and who is initially employed on or after July 1, 2018, only the member's contributions paid by a reduction in cash salary of the member.
15-5-403. Eligibility for service pension. (a) A member is eligible to receive a service pension after he has terminated employment beginning with the month when he has four (4) years of credited service and has attained age fifty (50).
(b) Repealed By Laws 1998, ch. 75, § 2.
(c) An inactive member with a vested right to a service pension is eligible to receive such pension, computed in accordance with the provisions of this article in effect when he ceased to be an employee, beginning with the first month after his attainment of age fifty (50).
(d) For purposes of this section, credited service includes any period during which a member is receiving a disability pension as provided by this article.
15-5-404. Vesting rights; return to service.
(a) A member who has four (4) years of credited service has a vested right to a service pension payable as provided in W.S. 15-5-403(c).
(b) If a member who has less than four (4) years of credited service ceases to be an employee, his service credits to the date of termination shall be cancelled unless:
(i) He again becomes an employee within four (4) months after his cessation of employment; or
(ii) He subsequently acquires four (4) years of credited service; and
(iii) If he has withdrawn his contributions he repays them with interest at a rate determined by the board and remains employed for not less than two (2) continuous years following the date or reemployment.
(c) For purposes of this section, credited service includes any period during which a member is receiving a disability pension under this article.
(d) The board shall adopt rules to allow service for any period of time, after commencement of participation under this article, which an employee spends in active military or other emergency service of the United States as required by the Uniformed Services Employment and Reemployment Rights Act, 38 U.S.C. 4301 et seq.
15-5-405. Eligibility for disability pension.
(a) A member, not otherwise eligible for a service pension, who suffers a disability is eligible for a disability pension.
(b) The determination of disability shall be made by the board in accordance with rules and regulations adopted by the board for this purpose. The board may require physician reports, medical examinations, psychological examinations, functional capacity evaluations, vocational examinations and other necessary reports and examinations in determining a disability under this subsection and in reviewing any disability under subsection (c) of this section. The cost of any functional capacity evaluation, vocational examination or other specialized test incurred pursuant to this section shall be paid from the account.
(c) The board may annually review the status of any member receiving a disability benefit under this article and may require any member receiving a disability benefit who is not eligible for normal retirement benefits under W.S. 15-5-403, to submit to any examination, test or evaluation by a physician or other appropriate professional designated or approved by the board, as necessary for conducting a review under this subsection. If a member refuses to submit to an examination, test or evaluation required under this subsection, benefit payments under this article shall be discontinued.
15-5-406. Survivor benefits.
The eligible surviving spouse or dependents of a member shall receive a survivor's pension if the member dies from any cause while in service.
15-5-407. Payment of service or early retirement pensions.
Service or early retirement pensions shall be made to a retired member for each month beginning with the month in which he is eligible to receive such pension and ending with the month in which he dies, unless an optional form has been elected in accordance with W.S. 15-5-413.
15-5-408. Payment of disability pension. (a) Disability pension payments shall be made to a member for each month beginning with the month in which he is eligible to receive such pension and ending with the month in which he ceases to be eligible or dies, unless an optional form has been elected in accordance with W.S. 15-5-413.
(b) If a member who is disabled recovers and is no longer totally or partially disabled, his disability pension shall be discontinued unless he has reached normal retirement age.
15-5-409. Amount of service pension.
(a) The amount of the monthly service pension payable to a retired member is:
(i) Two and eight-tenths percent (2.8%) of his final average compensation multiplied by the number of years in his first twenty-five (25) years of his period of credited service.
(ii) Repealed By Laws 2000, Ch. 43, § 2.
(iii) Repealed By Laws 2008, Ch. 112, § 2.
(b) For purposes of this section, credited service shall be measured in years taken to the nearest twelfth (1/12) of a year.
(c) Benefits shall not be payable under the pension system to the extent that they exceed the limitations imposed by section 415(b) of the Internal Revenue Code.
15-5-410. Repealed By Laws 1998, ch. 75, § 2.
15-5-411. Amount of disability pension.
(a) The disability pension shall be the greater of:
(i) Fifty percent (50%) of final average compensation; or
(ii) The service pension based on credited service accrued to the date of disability.
15-5-412. Amount of survivor's pension. (a) The monthly survivor's pension payable to a member's eligible primary survivor or, if there is no eligible surviving spouse, then to his eligible surviving dependents, shall be equal to the greater of:
(i) Fifty percent (50%) of final average compensation; or
(ii) The service pension based on credited service accrued to the date of the member's death.
(b) If the primary survivor is the surviving spouse, that person shall have been married to the deceased member for at least one (1) year before the date of death, unless the death was the result of an accident.
(c) A survivor's pension shall begin with the month following the month in which the member dies. If the pension is payable to a surviving spouse who subsequently dies, it is then payable in the following month to the next primary survivor as defined in W.S. 15-5-402(a)(xiv) or ceases with that month in the absence of eligible dependents. If payable to a child who dies or fails to meet the conditions of eligibility in W.S.