Bill No.: SF0063                  Drafter:  JWL

LSO No.:  07LSO-0351              Effective Date:

Enrolled Act No.:  SEA0081

Chapter No.:       <chptnum>

Prime Sponnsor:    Joint Labor, Health and Social Services Interim Committee

Catch Title:       Emergency medical technicians-retirement study.

Subject:  Authorization of retirement study for EMTs.

Summary/Major Elements: This act:

· Appropriates $50,000 from the general fund to the Wyoming Retirement Board to contract with a certified actuary to study and develop recommendations for a retirement system for emergency medical technicians;

· Provides requirements for the study, including:

o Determination of costs of a retirement program covering full-time, part-time and volunteer EMTs, and identification of possible funding sources;

o Comparison of pros and cons of a defined benefit or a defined contribution plan, and necessary or recommended differences with the volunteer firemen's pension fund;

o Recommendation of a new retirement plan or addition to an existing plan.

Comments:

· Report required from the Wyoming Retirement Board to the Joint Labor, Health and Social Services Interim Committee by November 1, 2007;

· Report required from Department of Health to the Joint Labor, Health and Social Services Interim Committee by November 1, 2007 regarding recommendations for recruitment/retention incentives for EMTs and the availability of training grants for EMTs.

NOTE: Final action on this bill was not taken at the time this summary was prepared.  Should changes be made to the bill upon final passage an updated summary will be transmitted to all legislators.