Wyoming Administrative Code Agency 072 - Retirement System
📌 Overview of Wyoming Administrative Code — Agency 072: Retirement System
Agency 072 of the Wyoming Administrative Code contains the administrative rules adopted by the Wyoming Retirement System. These rules implement state laws governing retirement programs for public employees, including:
Retirement benefits and eligibility
Contributions and member accounts
Disability and survivor benefits
Retirement system administration and procedures
Appeals, compliance, and enforcement
The rules apply to public employees, employers, retirees, beneficiaries, and administrators participating in the Wyoming Retirement System.
🗂 Structure and Key Areas
Agency 072 is organized into multiple chapters or sections, each addressing a specific aspect of retirement system administration:
072.1 — Definitions and General Provisions
Defines key terms such as:
Member — a public employee participating in the retirement system
Employer — a governmental entity participating in the system
Beneficiary — individual entitled to receive benefits after a member’s death
Service credit — periods of employment that count toward retirement eligibility
Disability retirement, normal retirement, and other benefit types
Establishes the Board’s authority to adopt and enforce rules.
072.2 — Membership and Enrollment
Requirements for enrollment in the retirement system for eligible employees
Procedures for reporting membership, verifying employment, and maintaining accurate records
Rules for contributions from employees and employers, including the timing and calculation of contributions
072.3 — Benefits and Retirement Eligibility
Criteria for retirement, including age and service credit requirements
Calculation of retirement benefits based on salary history, service credit, and retirement plan formulas
Options for normal retirement, early retirement, and deferred retirement
Rules governing the payment of benefits, adjustments, and benefit increases
072.4 — Disability and Survivor Benefits
Eligibility and procedures for disability retirement, including medical documentation
Benefits for surviving spouses, children, and other dependents of deceased members
Coordination with other benefit programs, such as Social Security
Procedures for appeals or disputes regarding disability or survivor benefits
072.5 — Contributions and Member Accounts
Calculation and collection of employee and employer contributions
Management of member accounts, including interest accrual and account statements
Rules for refunds of contributions for terminated members who do not qualify for retirement
Transfer of service credit or participation between agencies or public employment systems
072.6 — Administration and Compliance
Responsibilities of the Retirement System Board and staff
Recordkeeping, reporting, and auditing requirements for participating employers
Procedures for correcting errors, enforcing compliance, and handling disputes
Penalties for violations, including misreporting contributions or benefits
072.7 — Appeals and Hearings
Procedures for members or beneficiaries to appeal decisions regarding eligibility, contributions, or benefits
Administrative hearing rules, timelines, and documentation requirements
Final decision-making authority and process for requesting reconsideration
📝 Key Concepts
Board Authority
The Retirement System Board has rulemaking and enforcement authority under state law.
Member Rights
Members are entitled to benefits earned under the rules and may appeal adverse decisions.
Employer Obligations
Employers must report accurate employment data, remit contributions, and comply with system rules.
Benefit Types
Includes normal retirement, early retirement, disability retirement, and survivor benefits.
Compliance and Enforcement
System rules establish oversight, audits, and penalties to ensure accurate administration.
🧠 Purpose of Agency 072 Rules
The rules of Agency 072 ensure:
Proper administration of retirement benefits for public employees
Accuracy and integrity of member accounts and employer reporting
Fair and timely distribution of benefits
Legal compliance with Wyoming statutes governing public retirement programs
In short, Wyoming Administrative Code — Agency 072 provides the detailed regulations governing the Wyoming Retirement System, including membership, contributions, benefit calculations, administration, and appeals. These rules ensure that public employees and retirees receive the retirement benefits to which they are entitled, and that employers and administrators comply with state requirements.
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