Wyoming SF0038 amends investment performance calculation for performance compensation for investment staff.
Wyoming SF0038 modifies the calculation of investment performance for determining performance compensation for investment staff. Beginning in fiscal year 2026, the compensation will be based on the geometric average of annual investment performance for that year and the two preceding years. This change affects the state treasurer and the retirement board, impacting how investment staff compensation is calculated and paid. The act becomes effective July 1, 2025.
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