Wyo. Stat. § 9-3-404 (2026)

administration of system; composition; appointment; term;
vacancies; meetings; election of chairman.

     (a) The responsibility for the administration and
operation of the retirement system is vested solely and
exclusively in the Wyoming retirement board. The board shall be
composed of eleven (11) members, not more than seventy-five
percent (75%) of whom shall be from the same political party.
The members shall be:

          (i)    The state treasurer;

          (ii)    A retired recipient of the retirement system;

          (iii) Two (2) members, exclusive of the public school
system, the community colleges and the University of Wyoming,
one (1) of which is a participant in the Wyoming deferred
compensation program established under W.S. 9-3-501 through
9-3-508;

          (iv) Two (2) members of the public school system, the
community colleges or the University of Wyoming;

          (v) Five (5) qualified electors from Wyoming who are
known for their public spirit and business or professional
ability, none of whom are members and at least two (2) of whom
have professional expertise in investments and finance, which
shall include managing asset allocation in investment
portfolios.

     (b) The governor, with the consent of the Wyoming senate,
shall appoint all board members other than the state treasurer.
Appointed board members shall serve six (6) year terms and may
be removed by the governor as provided in W.S. 9-1-202.

     (c) A vacancy shall be filled as provided in W.S.
28-12-101.
     (d) The board shall meet annually and elect a chairman
from among its members. The board shall meet at such other times
as the chairman directs or upon request of a majority of its
members.