Good News Ahead
Your Wyoming Retirement System Pension Plan is working for you while you work for the citizens of Wyoming.
If you're a public employee in Wyoming—a public school teacher, police officer, firefighter, or state/local government employee, you’re automatically a member of a WRS pension plan.
Many University of Wyoming, community college, and other special district employees are also WRS members. Check with your employer for more info.
How Your Pension Works
The amount of your future retirement benefit depends on your years of service for WRS employers and your average salary, as well as your age at retirement. Specifics for the 8 WRS pension plans differ, but the concept is the same.
In many cases, if you change jobs, you can continue to build your pension benefit with any of the 700+ participating public employers in Wyoming.
In some cases, employers pay some of the employee contributions as part of overall compensation. Look at your pay stub or check with your employer for details.
The WRS 457 Deferred Compensation Plan
Almost all WRS pension plan members can also participate in the WRS 457 Deferred Compensation Plan. Most WRS members, with the exception of paid firefighters and some police, participate in Social Security.
With WRS’ 457 Deferred Compensation Plan and Social Security, there’s a great chance you'll be ready for retirement on your terms.
Your retirement assets can help your loved ones if something happens to you. Be sure to designate a beneficiary on your accounts.
Beneficiary designations for your WRS Pension Plan and WRS 457 Plan are made separately for each plan. A beneficiary can be one person, several people, a trust, or an organization.
Online Pension Account
State Employer Pick-Up Rate Changes July 1, 2017
On July 1, 2017 the employer pick-up rate for the Public Employee Pension Plan will decrease for state employees and many entities that follow suit with state rates.
Check Your Progress By Decade
Learn what you can do in each decade of your career to prepare for retirement.
Retirement Policy Topics
The WRS Board continues to affirm that a defined benefit plan supplemented by the 457 Plan is the best way to provide retirement benefits for the public employees of Wyoming. WRS partners with State policymakers to prudently manage WRS pension plans.
2017 457 Plan Contribution Limits
The regular contribution limit for elective deferrals to the 457 Deferred Compensation Plan will remain $18,000 in 2017.