Wyoming § 9-3-502 Establishment of program by state; administration
by Wyoming retirement board; establishment of separate deferred
compensation by political subdivisions; investment permitted;
limitation on amount deferred; taxability

Wyoming Statutes

§ 9-3-502 — Establishment of program by state; administration by Wyoming retirement board; establishment of separate deferred compensation by political subdivisions; investment permitted; limitation on amount deferred; taxability

Wyoming § 9-3-502

Title 09Administration of the Government

Ch. 3COMPENSATION AND BENEFITS

Art. 5DEFERRED COMPENSATION PROGRAM

This text of Wyoming § 9-3-502 (Establishment of program by state; administration by Wyoming retirement board; establishment of separate deferred compensation by political subdivisions; investment permitted; limitation on amount deferred; taxability) is published on Counsel Stack Legal Research, covering Wyoming primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Wyo. Stat. Ann. § 9-3-502 (2026).

Text

(a)The board shall establish and administer the program for employees in addition to any retirement, pension, benefit or other deferred compensation programs established by the governmental entity. Subject to requirements of this article, any county, city, town or other political subdivision may establish and administer a deferred compensation program separate from the program established under this article. A county, city, town or other political subdivision which wishes to enter into the state program established under this article shall adopt the plan document, provide the program to employees in accordance with this article and be subject to program administration by the board. A county, city, town, other political subdivision of the state or an entity or institution of the state whic

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(a) The board shall establish and administer the program
for employees in addition to any retirement, pension, benefit or
other deferred compensation programs established by the
governmental entity. Subject to requirements of this article,
any county, city, town or other political subdivision may
establish and administer a deferred compensation program
separate from the program established under this article. A
county, city, town or other political subdivision which wishes
to enter into the state program established under this article
shall adopt the plan document, provide the program to employees
in accordance with this article and be subject to program
administration by the board. A county, city, town, other
political subdivision of the state or an entity or institution
of the state which does not utilize the state auditor's office
for payroll services may provide for automatic enrollment of new
employees into the state program pursuant to W.S. 9-3-509 and
pursuant to the requirements of this subsection.
(b) Any employee may enter into a written agreement with
the program or a separate deferred compensation program
established by a county, city, town or other political
subdivision to defer any part of his compensation for investment
as provided by this article or an employee may be automatically
enrolled as provided in W.S. 9-3-509 and subsection (a) of this
section. The total annual amount deferred may at no time exceed
the employee's annual salary under applicable salary schedules
or compensation plans.
(c) Compensation deferred pursuant to this article shall
be included as compensation for the purpose of computing
retirement or pension benefits earned by the employee, but the
deferred compensation is exempt from state taxation to the same
extent as it is exempt from federal income taxes.