HB0001H3104

This amendment replaces a prior retirement amendment and adds a new Section 328 providing a 5% cost of living adjustment to retirement benefits for eligible retirees beginning July 1, 2026, with an appropriation of $414,005,069 from the general fund.

• Deletes the prior Brown, L third reading amendment (HB0001H3103/A) in its entirety. (Page 1, lines 1-2)
• Updates the bill's purpose statement to include 'providing a cost of living adjustment for retirement benefits'. (Page 1, lines 4-5)
• Adds new Section 328 establishing a 5% increase to annual retirement benefits for eligible persons receiving service pensions, survivor's pensions, retirement benefits, survivor benefits, death benefits, or disability pensions or benefits under any retirement plan administered by the Wyoming retirement board. The increase is limited to persons who first began receiving benefits prior to July 1, 2024. (Page 141, after line 19 through Page 142, line 7)Agency: Wyoming Retirement System Board · $414,005,069.00 General Fund

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