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.
Link to Wyoming Retirement is here.
WRS 457 Deferred Compensation Website
The contributions to the right are effective July 1, 2024.
Natrona County Schools participates in the Wyoming 457b Deferred Compensation investment program. The District matches up to $125 per month of an employee's contribution, allowing employees to save for their future. It is easy to enroll online and monitor your investments. If you are not participating, see the enrollment form below.
In addition to the $125 per month match, the Natrona County Schools will offer a one-time contribution of $2,800 to participating employees who have signed up by May 31, 2025, for their 457b retirement account. Additional information can be found by clicking the website link below for the State of Wyoming Retirement System.
To enroll, contact your Human Resources Generalist of Human Resources at 307-253-5455 or hrgeneralistgroup@myncsd.org.
The 403(b) Plan is a valuable retirement savings option available through Natrona County Schools, WY. This notice provides a brief explanation of the provisions, policies and rules that govern the 403(b) Plan.
Plan administration services for the 403(b) plan are provided by TSA Consulting Group, Inc. (TSACG). Visit the TSACG website (tsacg.com) for information about enrollment in the plan, investment product providers available, distributions, enrollment, exchanges or transfers, 403(b) loans, and rollovers.
Eligibility
All employees, with the exception of private contractors, appointed/elected trustees, school board members and/or student workers are eligible to participate in the 403(b) plan immediately upon employment. Employees may make voluntary elective deferrals to the 403(b) plan. Participants are fully vested in their contributions and earnings at all times.
Employee Contributions
Upon enrollment, participants designate a portion of their salary that they wish to contribute to their traditional 403(b) account up to their maximum annual contribution amount on a pre-tax basis, thus reducing the participant’s taxable income. Salary deferral contributions to the participant's 403(b) account are made from income paid through the employer's payroll system.
Taxes on contributions and any earnings are deferred until the participant withdraws their funds.
The Internal Revenue Service regulations limit the amount participants may contribute annually to tax-advantaged retirement plans and imposes substantial penalties for violating contribution limits. TSACG monitors 403(b) plan contributions and notifies the employer in the event of an excess contribution.
SEE DOCUMENTS BELOW.
Visit TSA Consulting Group, Inc. website.
For additional information, please contact TSACG directly at 1-888-796-3786.