Members
WRS Membership
WRS administers eight distinct pension plans along with a 457 Deferred Compensation Plan, ensuring comprehensive coverage and tailored options to suit your needs.
We pay nearly $800 million in pension benefits a year, serving more than 82,000 active members and beneficiaries.
Pension Plan Advantages
Because your pension is professionally invested, you don’t have to make complex investment decisions. Once you meet age and service requirements to qualify for a benefit, your pension will last for your lifetime, no matter how long you live. This means you don’t have to worry about running out of money in retirement.
How Your Pension Works
The amount of your future benefit depends on your years of service for WRS employers, your average salary, and your age at retirement. Specifics for the eight 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.
Pension Contributions
Your pension benefit is funded by your employer’s contributions on your behalf, as well as your contributions. Contribution rates are set in state statute.
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.
Beneficiaries
Your retirement assets can help your loved ones if something happens to you. Be sure to designate a beneficiary on both your pension and 457 DC accounts.
Easily update beneficiaries online to ensure your assets are distributed according to your wishes.
Online Pension Account
Access your Online Pension Account to manage beneficiaries, update contact information, view account details, apply for retirement, and more!
Monthly Public Employee New Hire Onboarding
The Wyoming Retirement System offers New Hire Onboarding Training virtually on the first Tuesday of each month at 10 a.m. on Zoom. In this meeting, one of the WRS educators will provide basic information about the Public Employee Pension Plan and the 457 Deferred Compensation Plan.
Click here to attend.
