Authorizes state employees to choose between monthly or semimonthly pay periods and requires the state auditor to establish rules and procedures for implementing semimonthly pay options.
- Allows state employees on automatic payroll direct deposit to elect semimonthly pay on the sixteenth day of each month (or the preceding working day) and the last working day of each month, with notice to the state auditor in a form determined by the auditor. (W.S. 9-3-101(d), Sec. 1)
- Requires the state auditor to promulgate rules for state employees to elect semimonthly pay, including limitations on how and when employees may change between monthly and semimonthly pay schedules. (W.S. 9-3-101(d), Sec. 1)
- Authorizes the state auditor to establish the frequency of insurance remittances, contributions, and retirement contributions to account for semimonthly pay periods. (W.S. 9-1-402(c), Sec. 1)
- Updates the state's contribution requirements for retirement plans to be made on a monthly or semimonthly basis as determined by the state auditor. (W.S. 9-3-210(a) and (b), Sec. 1)
- Updates the deduction and remittance procedure for employee insurance contributions to allow for monthly or semimonthly frequency as determined by the state auditor. (W.S. 9-3-211(a), Sec. 1)
- Updates employer retirement contribution transfer requirements to allow for semimonthly transfers on the twelfth and twenty-fourth day of the following month, in addition to monthly transfers. (W.S. 9-3-413, Sec. 1)
- Updates the actuarially determined contribution rate payment requirement to allow for monthly or semimonthly contributions as determined by the state auditor. (W.S. 9-3-413.1(b), Sec. 1)
- Requires affected state agencies to take necessary actions before July 1, 2027 to implement the semimonthly pay authorization. (Sec. 2)
- Exempts the University of Wyoming from the semimonthly pay authorization provisions. (W.S. 9-3-101(d), Sec. 1)
Effective: July 1, 2027
