Wyoming Retirement System Board
The Wyoming Retirement System is administered by an 11-member board, which includes the state treasurer, two public employees, two employees representing the public school system or the University of Wyoming, one retired member, and five qualified non-member Wyoming electors. All board members, with the exception of the state treasurer, are appointed by the governor for staggered terms of six years.
The board employs an executive director who serves as its secretary. The director is responsible for managing the WRS staff and day-to-day operations.
Representing the Community at Large
Keith N. Hay
Representing Public Employees
Brian Foster (State Employee)
Representing Higher Education Systems
(Board Vice Chair)
Representing Public School Systems
Wyoming State Treasurer
For complete details on WRS Board duties, policies, and procedures, view the Board Policy Manual (pdf)...
With guidance from the executive director and the chief investment officer, the board provides oversight on the investment of all retirement funds and monitors the performance of the investment managers hired. The board contracts with an actuarial firm to value the funding levels of each plan and study trends.
The board establishes rules and regulations for administering the program. The director administers the program within the framework of those rules and regulations and the Wyoming Retirement Act. The board renders final administrative decisions on benefit issues that have been appealed by members.
The WRS is financed from three sources:
- Contributions from members,
- Contributions from employers, and
- Income earned on invested funds.
(Administrative expenses for the Pensions are paid from WRS funds, while administrative expenses for Deferred Compensation comes from members.)
Board & Committee Meeting Minutes
Upcoming Board Meetings
- February 16-17, 2017 - Cheyenne
- May 15-16, 2017 - Cheyenne
- August 23-24, 2017 - Lander