Wyoming Public Employees' Retirement System (PERS) Policy Manual
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The Wyoming Public Employees' Retirement System (PERS) Policy Manual provides a structured and comprehensive guide for the administration and governance of retirement benefits for public employees in the State of Wyoming. This manual aligns with the Wyoming Statutes Title 9 (Administration of the Government), Title 19 (Military Affairs and Defense), and Title 21 (Education), as well as applicable federal regulations and actuarial standards of practice. It supports compliance with fiduciary, reporting, and operational requirements outlined by the Wyoming Retirement Board, the Governmental Accounting Standards Board (GASB), and the Internal Revenue Code for public retirement systems.
The manual encompasses policies covering plan administration, member eligibility, benefit calculations, service credit, contributions, retirement and disability benefits, survivor benefits, investment oversight, and fiduciary duties. It also outlines procedures for appeals, audits, governance practices, and risk management. Designed to ensure transparency, accountability, and sustainability, this policy manual serves as a vital resource for maintaining legal compliance, promoting best practices, and supporting long-term financial security for Wyoming’s public workforce.