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Key Votes

SF 72 - Increasing State Employee Contribution to State Retirement System - Key Vote

Wyoming Key Votes

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Stage Details

Legislation - Signed (Executive) -

Title: Increasing State Employee Contribution to State Retirement System

Legislation - Conference Report Adopted (Senate) (29-1) -
Legislation - Conference Report Adopted (House) (38-18) -
Legislation - Concurrence Vote Failed (Senate) (0-30) -
Legislation - Bill Passed With Amendment (House) (37-21) - (Key vote)

Title: Increasing State Employee Contribution to State Retirement System

Vote Smart's Synopsis:

Vote to pass a bill that, beginning September 1, 2010, increases the state employee contribution to the state retirement system from 5.57 to 7 percent of the employee's salary, and increases the employer contribution from 5.68 to 7.12 percent of the salary of each employee.

Highlights:
-Specifies that 5.57 percent of employee salary shall be paid by the employer without a salary reduction or offset for such employee, but any additional contribution must accompany a reduction in cash salary, unless specified by another legislative Act (Sec. 1). -Appropriates $23.5 million from the School Foundation Program Account for the State Auditor for the purpose providing each school district's increased employer contribution (Sec. 2). -Appropriates the following amounts for the State Auditor for the purpose of providing each state agency's increased employer contribution (Sec. 2):
    -$10.57 million from the General Fund; and -Amounts necessary to provide an increase in employer contributions for employers whose retirement contributions are made from non-General Fund sources.
-Appropriates $3.21 million from the General Fund for the State Auditor for the purpose of providing the University of Wyoming and community college increased employer contribution (Sec. 2).
Legislation - Bill Passed (Senate) (17-13) -
Legislation - Introduced (House) -

Title: Increasing State Employee Contribution to State Retirement System

Committee Sponsors

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