Wyoming · WRS · The formula

The Wyoming WRS formula: your average × your percentage

The Wyoming Retirement System (WRS) uses one formula per tier. Here it is, with WRS's own table of how much of your salary it replaces.

Short answer: your yearly WRS pension is your highest average salary × 2.125% for each of your first 15 years plus 2.25% for each year after in Tier 1, or × 2% a year in Tier 2. Which tier am I? Retiring before full age? See the early-retirement cut and what one more year adds. Load a 30-year Tier 1 example in the calculator.

The formula

Tier 1: highest average salary × (2.125% × your first 15 years + 2.25% × each year after).

Tier 2: highest average salary × 2% × your years.

Handbook p. 9, Estimating Your Benefit and Public Employee Pension Benefit Table

That's your yearly benefit under Option 1, before any early-retirement cut. There's no cap. W.S. 9-3-418(a), (g)

WRS's benefit table

The handbook prints how much of your highest average salary each tier replaces. Our calculator gives the same numbers.

Share of your highest average salary, a year
Years of serviceTier 1Tier 2
510.63%10%
1021.25%20%
1531.88%30%
2043.13%40%
2554.38%50%
3065.63%60%
CeilingNoneNone

WRS rounds to two decimals. Exactly, Tier 1 at 20 years is 15 × 2.125% + 5 × 2.25% = 43.125%. Handbook p. 9, Public Employee Pension Benefit Table

The step at 15 years (Tier 1)

Each of your first 15 years earns 2.125%. From year 16 on, each year earns 2.25%. Tier 2 has no step: every year earns 2%. Part years count too, by the month. Handbook p. 9, Months of Service; Actuarial valuation (2026) p. 49, Appendix A, Other Assumptions (o) Benefit Service

Our examples, from the tableWith 30 years and a $60,000 highest average salary: Tier 1 at 60 gets 65.625% = $39,375.00 a year, $3,281.25 a month. Tier 2 at 65 gets 60% = $36,000 a year, $3,000.00 a month. Handbook p. 9, Public Employee Pension Benefit Table

If you started before July 1, 1981, WRS also calculates a money purchase benefit (the actuarial equivalent of double your account, with the W.S. 9-3-419 increases) and pays the highest of the Tier 1, Tier 2 and money purchase results. The calculator does not compute the money purchase amount. Handbook p. 10, Potential Benefit Adjustments; W.S. 9-3-418(b); W.S. 9-3-419(a)

Highest average salary (HAS)

Tier 1: average of your highest 36 continuous months of acceptable salary. Tier 2: highest 60 continuous months. Missing months count as zero. Salaries from two or more contributing positions in the plan are combined. Excluded: unused leave payouts, housing and transportation allowances, early retirement incentives and severance, bonuses, insurance premiums/benefits, workers' compensation (except state agencies and UW) and salary spikes meant mainly to raise the pension. Handbook pp. 7-8, Highest Average Salary and What Counts as Acceptable Salary

The WRS Board reviews and can limit unusual increases in HAS whose primary purpose was to raise the retirement benefit. Handbook p. 9, Anti-Spiking Review

Our exampleFour years of pay: two at $4,000 a month, then two at $5,000. Tier 1's best 36 months average $56,000 a year. Tier 2 needs 60 months, so the 12 missing months count as zero: $43,200. Handbook pp. 7-8, Highest Average Salary and What Counts as Acceptable Salary

Service credit

One month of service credit for 86 or more hours reported in a month; partial credit for fewer hours. Hours from two or more contributing positions combine, up to one full month. Statute: 40 to under 86 hours = 1/2 month; under 40 hours = 1/4 month; never more than one year of credit in a calendar year. Handbook p. 9, Months of Service; W.S. 9-3-417(b)

Service credit (Wyoming WRS)
Hours in a monthCredit
1001 month
861 month
600.5 month
400.5 month
300.25 month

Contributions

Rates are set by law. From July 1, 2026 the Public Employee Plan uses an actuarially determined contribution (ADC) rate, split 49.68% employee / 50.32% employer, reset every two years (July 1 of even years) and limited to a 0.5% change per biennium. Employers may pay part or all of the employee share. For state employees (not school districts), 5.57% of salary of the employee share is paid by the employer. WRS rate sheet (2026) p. 1, Public Employee Pension Plan; Handbook p. 6, Pension Contributions & Account; W.S. 9-3-412(a)-(c); W.S. 9-3-413; W.S. 9-3-413.1(a)(vi)-(vii), (b)

Our exampleOn a $50,000 salary from July 1, 2026: you pay $4,749.50 (9.499%) and your employer $4,810.50 (9.621%). WRS rate sheet (2026) p. 1, Public Employee Pension Plan; Handbook p. 6, Pension Contributions & Account
Public Employee Pension Plan rates over time
FromYouEmployerTotal
2026-07-019.499%9.621%19.12%
2021-07-019.25%9.37%18.62%
2020-07-019%9.12%18.12%
2019-07-018.75%8.87%17.62%
2018-09-018.5%8.62%17.12%
2015-07-018.25%8.37%16.62%
2014-07-018.25%7.62%15.87%
2013-09-017.5%7.12%14.62%
2010-09-017%7.12%14.12%
1981-02-285.57%5.68%11.25%
1978-01-015.57%5.57%11.14%

WRS rate sheet (2026) p. 1, Public Employee Pension Plan table

An older WRS chart Check with WRS

An older WRS chart still shows the rates from before July 2026. We use the current ones.

The details

Pension Plan Characteristics shows 18.62% (9.25% / 9.37%) and says 'as of July 1, 2022'. The 2026 rate sheet, Summary Report and valuation show 19.12% (9.499% / 9.621%) from July 1, 2026. Our calculator uses the 2026 rates.

WRS Pension Plan Characteristics; WRS rate sheet (2026) p. 1; WRS Summary Report (2026) p. 4
Contribution rates after June 2028 Check with WRS

Contribution rates can change every two years. The current rates run through June 2028.

Why

Rates after June 30, 2028 will be set from the Jan. 1, 2027 valuation (changes of at most 0.5% total). They are not known yet.

What would settle it: The WRS contribution rate sheet for July 1, 2028.

From the sources

Questions

How is a WRS pension calculated?

Highest average salary × your benefit percentage. Tier 1 earns 2.125% for each of the first 15 years and 2.25% for each year after that. Tier 2 earns 2% a year. Divide by 12 for the monthly check.

Is there a cap?

No. WRS's table shows no ceiling for either tier.

What counts as salary?

Pay for work, used leave, overtime, comp time earned in the last 12 months, and National Board Certification pay for educators. Unused leave payouts, bonuses, allowances, early retirement incentives and severance don't count.

What do I pay in?

9.499% of your salary from July 1, 2026, and your employer pays 9.621%. Your employer may pay some or all of your share.

Run your own numbers →

Source: WRS Public Employee Pension Plan Handbook, Updated August 2026, pp. 6, 7-8, 9, 10. Also: Actuarial valuation (2026); WRS rate sheet (2026); W.S. §§ 9-3-402, 9-3-412, 9-3-413, 9-3-413.1, 9-3-417, 9-3-418, 9-3-419, 9-3-421. Last reviewed .