§ 9-3-449 — Annual disclosure of financial and actuarial status

(a) An annual disclosure of financial and actuarial status
shall contain:
(i) The name of the retirement system and
identification of each retirement program and, when programs are
in an appropriate grouping of programs, of each appropriate
grouping of programs;
(ii) The name and business address of the
administrator;
(iii) The name and business address of each trustee
and each member of a trustee board and a brief description of
how the trustee or member was selected;
(iv) The name and business address of each agent for
the service of process;
(v) The number of employees covered by each
retirement program not in an appropriate grouping of programs,
or by each appropriate grouping of programs, or both;
(vi) The name and business address of each fiduciary;
(vii) The current statement of investment objectives
and policies required by W.S. 9-3-440(b);
(viii) Financial statements and notes to the
financial statements in conformity with generally accepted
accounting principles;
(ix) An opinion on the financial statements by a
qualified public accountant in conformity with generally
accepted auditing standards;
(x) In the case of a defined benefit plan, actuarial
schedules and notes to the actuarial schedules in conformity
with generally accepted actuarial principles and practices for
measuring pension obligations;
(xi) In the case of a defined benefit plan, an
opinion by a qualified actuary that the actuarial schedules are
complete and accurate to the best of the actuary's knowledge,
that each assumption and method used in preparing the schedules
is reasonable, that the assumptions and methods in the aggregate
are reasonable, and that the assumptions and methods in
combination offer the actuary's best estimate of anticipated
experience;
(xii) A description of any material interest, other
than the interest in the retirement program itself, held by any
public employer participating in the system or any employee
organization representing employees covered by the system in any
material transaction with the system within the last three (3)
years or proposed to be effected;
(xiii) A description of any material interest held by
any trustee, administrator or employee who is a fiduciary with
respect to the investment and management of assets of the
system, or by a related person, in any material transaction with
the system within the last three (3) years or proposed to be
effected;
(xiv) A schedule of the rates of return, net of total
investment expense, on assets of the system overall and on
assets aggregated by category over the most recent one (1),
three (3), five (5) and ten (10) year periods, to the extent
available, and the rates of return on appropriate benchmarks for
assets of the system overall and for each category over each
period;
(xv) A schedule of the sum of total investment
expense and total general administrative expense for the fiscal
year expressed as a percentage of the fair value of assets of
the system on the last day of the fiscal year, and an equivalent
percentage for the preceding five (5) fiscal years; and
(xvi) A schedule of all assets held for investment
purposes on the last day of the fiscal year aggregated and
identified by issuer, borrower, lessor or similar party to the
transaction stating, if relevant, the asset's maturity date,
rate of interest, par or maturity value, number of shares, cost
and fair value and identifying any asset that is in default or
classified as uncollectible.