2014 Wyoming Statutes
TITLE 35 - PUBLIC HEALTH AND SAFETY
CHAPTER 29 - VOLUNTEER EMERGENCY MEDICAL TECHNICIAN PENSIONFUND
35-29-106. Benefits enumerated; death of participant or spouse; amount and payment of contributions; withdrawal from plan.


WY Stat § 35-29-106 (2014) What's This?

35-29-106. Benefits enumerated; death of participant or spouse; amount and payment of contributions; withdrawal from plan.

(a) For any participating member attaining the retirement age corresponding to his entry age as specified under subsection (d) of this section, the board shall authorize a monthly payment to the member during his remaining lifetime of an amount equal to fifteen dollars ($15.00) per year of service for the first ten (10) years and eighteen dollars ($18.00) per year of service over ten (10) years.

(b) Upon the death of any participating member, the board shall authorize a monthly payment to the surviving spouse of the member during the spouse's remaining lifetime of an amount equal to fifty percent (50%) of the amount calculated under subsection (a) of this section.

(c) Upon the death of the last survivor of any participating member and his spouse, with children who have not attained the age of twenty-one (21) years at the time of death, the board shall authorize a monthly payment of fifty percent (50%) of the amount calculated under subsection (b) of this section.

(d) For all members whose entry age is less than age forty-six (46), retirement age shall be age sixty (60). For members whose entry age is age forty-six (46) or greater, the following prescribes the member's retirement age:

Age at

Entry

Into Retirement

Plan Age

46 61

47 61

48 62

49 62

50 63

51 63

52 64

53 64

54 65

55 65

56 66

57 66

58 67

59 68

60 68

61 68

62 69

63 69

64 70

65 70

(e) A volunteer emergency medical technician is a participating member under this article for each month a contribution of twelve dollars and fifty cents ($12.50) is made by or on behalf of the member. For purposes of eligibility for benefits under subsections (b) and (c) of this section, a volunteer emergency medical technician is a participating member beginning the first month following the month in which the required monthly payment and any required application for participation is actually received by the Wyoming retirement system. To continue as a participating member, subsequent monthly payments shall be received by the Wyoming retirement system not later than three (3) months following the close of the calendar month for which the payments are applicable. With the consent of and upon any terms and conditions established by the board, payments may be accepted at an earlier or later date. The board shall maintain full and complete records of the contributions made on behalf of each participating member and on request, shall furnish any participating member a statement of the contribution amounts and the dates for which contributions were received. On the death or retirement of any participating member, his entry age shall be determined by the board to be the earliest date from which contributions for the member have been received by the board. If contributions have varied in amount, the board may make appropriate adjustments in the benefits awarded. In making any adjustment, the board shall be guided by actuarial practice to afford substantial equity to members of the plan. No penalty shall be imposed upon any participating member transferring employment in Wyoming if required payments are made on a timely basis.

(f) A participating member may withdraw from the plan and upon withdrawal, if the member has been a participating member for at least five (5) years, shall be paid an amount equal to the amount contributed into his account together with interest at the rate of two percent (2%) per annum compounded annually.

(g) Repealed By Laws 2012, Ch. 107, 3.

(h) The board shall authorize benefit payments from the fund in accordance with qualified domestic relations orders pursuant to W.S. 9-3-426.

(j) If any participating member with at least five (5) years of participation retires from active service within his department before reaching retirement age and does not withdraw from the plan as provided in subsection (h) of this section, upon reaching the retirement age specified in subsection (d) of this section, he shall receive a monthly pension payment equal to fifteen dollars ($15.00) per year of service for the first ten (10) years and eighteen dollars ($18.00) per year of service over ten (10) years for each year of service during which contributions were made on behalf of the member. A member after ten (10) years of active service as an EMT may choose to remove himself from active service and continue to contribute for up to five (5) years as provided in W.S. 35-29-106(e) and rules promulgated by the board.

(k) 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.

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