Video & Transcript Research : 'payment pool'
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MO
Missouri 2026 Regular Session
Joint Committee on Public Employee Retirement Apr 28th, 2026
Joint Committee on Public Employee Retirement
Transcript Highlights:
- What this means is the payment schedule is built assuming that UAL payments in the future will grow by
- What this means is the payment schedule is built assuming that UAL payments in the future will grow by
- So in the near term, the payments are smaller and they are expected to grow.
- I will note that... ...the full dollars on the unfunded payment.
- That's how the payments are being calculated.
Summary:
The Joint Committee on Public Employee Retirement held a hearing focused on the Missouri State Employees’ Retirement System (MOSERS) and its long-term financial condition. MOSERS Executive Director Abby Spieler and investment consultant Tim McKinery outlined the system’s structure, membership, funding policy, and investment approach. They reported that as of the June 30, 2025 valuation, MOSERS had a 55.4% funded ratio, about $17.4 billion in liabilities, and about $9.6 billion in assets. They explained that the FY27 employer contribution rate was certified at 32% under the board’s minimum contribution policy, up from 30.25%, and said the increase is tied to a $46 million new decision item in House Bill 5.
The presentation emphasized that MOSERS is a mature plan with more retirees and inactive members than active employees, and that slow or declining payroll growth has made it harder to pay down unfunded liabilities. MOSERS described recent policy changes intended to improve long-term stability, including lowering the investment return assumption over time, updating mortality assumptions, and adopting a minimum employer contribution policy. The board’s 2024 asset-liability study also led to a shift toward more public equity exposure and less fixed income, with the consultant saying asset allocation has been the main driver of relative investment underperformance versus peers in recent years, though recent returns have improved and the portfolio has outperformed its policy index over shorter periods.
Committee members questioned why the funded ratio has fallen over time, whether past investment assumptions were too optimistic, and whether the board had been too conservative in its asset allocation. MOSERS representatives responded that the earlier strategy was a board-approved risk-balanced approach and that hindsight makes the results easier to judge, while stressing that current changes are intended to improve long-term outcomes. Members also asked about the impact of inactive members, the automatic refund proposal for small terminated accounts, and the ongoing Catalyst Capital litigation. MOSERS said the proposed legislation would automatically refund small inactive balances and auto-escalate deferred compensation contributions, and reported that litigation-related attorney fees have been about $20 million so far. No votes were taken, and the committee adjourned after questions and discussion.
US
US Federal 2025-2026 Regular Session
US House Floor Proceedings (Wednesday, May 20, 2026)
US Federal House Floor Meeting
Transcript Highlights:
- United States Code, to direct the Secretary of Veterans Affairs to increase the dollar amounts for the payment
- United States Code, to direct the Secretary of Veterans Affairs to increase the dollar amounts for the payment
- United States Code, to direct the Secretary of Veterans Affairs to increase the dollar amounts for the payment
- United States Code, to direct the Secretary of Veterans Affairs to increase the dollar amounts for the payment
- dishes billions in payouts to capital riers, no-bid contracts on vanity projects, fountains, reflecting pools
NM
New Mexico 2026 Regular Session
House - Government, Elections And Indian Affairs Jan 26th, 2026 at 08:35 am
House Government, Elections & Indian Affairs
Transcript Highlights:
- So it does not affect your mortgage payment.
- Then they have this balloon payment to pay. And still make their payments. I apologize. I'm sorry.
- They could keep their payment, keep their hope.
- Then they have this balloon payment to pay. And still make their payments. I apologize. I'm sorry.
- So any temporary payment would be in addition to it.
CA
Transcript Highlights:
- The behested payments are payments made at the request on or behalf of an official for a legislative,
- report within 30 days of the payment being received.
- For payments of $5,000 or more, from a single source in a calendar year.
- payments.
- Who is directing these payments and who is benefiting from these payments, right?
MN
Minnesota 2025-2026 Regular Session
Minnesota House economic development panel considers $18 million boost for bioincentive program Apr 9th, 2026
Minnesota House Floor Meeting
Transcript Highlights:
- this program only makes payments this program only makes payments to<00:03:34.560>
companies< - >
that rata payments or partial payments, that rata payments or partial payments, that sort<00 - get a payment they were hoping to get. get a payment they were hoping to get.
- <00:10:22.880>
and <00:10:23.000>then make payments and then make payments and then - I mean, or is it payments weren't made?
MN
Minnesota 2025-2026 Regular Session
Committee on Judiciary and Public Safety - 05/11/26
Judiciary and Public Safety
Transcript Highlights:
- payment suspensions uh in 2025. payment suspensions uh in 2025.
- <00:28:41.120>
until they can withhold those payments until they can withhold those payments - avoid the withholding of payments avoid the withholding of payments included<00:30:30.560>
in - , uh or reduce payments, uh or reduce payments, uh<00:35:02.920>
you <00:35:03.080>said - And that's all we want here because issue payment suspensions, there is no issue payment suspensions,
NM
New Mexico 2025 Regular Session
IC - Legislative Health and Human Services Oct 7th, 2025
Legislative Health & Human Services Committee
Transcript Highlights:
- The problem, though, is malpractice itself, not malpractice payments.
- incidents resulting in a payment per 1,000 physicians.
- So there's a lot of malpractice payments.
- Therefore, you save money on malpractice payments.
- You will reduce medical malpractice payments if you reduce medical malpractice.
MN
Transcript Highlights:
- It's not just public lands; there's a lot of lakeshore land, and the payment in lieu of tax payments
- The bill also requires payments to townships of 10% for the payment received for other lakeshore land
- <00:37:05.760>
are <00:37:06.079>the payment in lie of tax payments are the payment - :58.800>
to comparing these PILT payments to comparing these PILT payments to potential<00:47: - so my question is how do PILt payments so my question is how do PILt payments maybe<00:49:56.079
MN
Transcript Highlights:
- payments business? payments business?
- payments by DHS. payments by DHS.
- happened to be caught in the payment happened to be caught in the payment withhold<01:20:21.040>
- well as the temporary payment withhold. well as the temporary payment withhold.
- And unfortunately, the temporary payment And unfortunately, the temporary payment withhold<01:32
MN
Minnesota 2025 1st Special Session
House Fraud Prevention and State Agency Oversight Policy Committee 3/17/25
Fraud Prevention and State Agency Oversight Policy
Transcript Highlights:
- payment withholds and so payment payment withholds and so payment withholds<01:09:30.000>
are - vestigations so the governor's payment vestigations so the governor's payment withhold withhold
- um I I am I'm hesitating because payment um I I am I'm hesitating because payment withholds<01:24
- <01:47:22.360>
we we had taken action to stop payment we we had taken action to stop payment - that instance was to allow the payments that instance was to allow the payments to<01:47:44.639>
NM
New Mexico 2025 Regular Session
IC - Federal Funding Stabilization Subcommittee Aug 1st, 2025
Federal Funding Stabilization Subcommittee
Transcript Highlights:
- So that's why that payment.
- So those payments are well above.
- For grandfathered payments...
- the Medicare payment rate.
- However, each year, CMS adjusts Medicare payment rates, so the new upper payment limit will grow over
LA
Louisiana 2026 Regular Session
Public Retirement Systems Actuarial Committee Jun 22nd, 2026
Transcript Highlights:
- And you see there, the mid-year payment totaling up, without the OAB payment that's now zero, is the
- $565 million total projected UAL payment.
- The next page is a projection of UAL payments.
- Now, that's just the UAL payment.
- Right, but now that's just the UAL payment.
Summary:
The Public Retirement System Actuarial Committee met on Monday, June 22, with a quorum present and approved the prior meeting minutes. There was no public comment. The main item was an actuarial update from Ms. Johnson on LASERS, prompted by House Bill 312 of 2026, which appropriated about $145 million to LASERS and required the committee to revise the projected fiscal year 2027 employer contribution rate to reflect the funds received.
Ms. Johnson explained that $87.6 million was applied to the original amortization base, paying it off, and the remaining $57.9 million was applied to the experience account amortization base. As a result, the projected aggregate employer contribution rate for fiscal year 2027 was reduced from 32.51% to 30.05%, a decrease of 2.46%, with the projected employer contribution amount revised to about $738.7 million. She also noted that the original amortization base balance would be zero by June 30, 2026, while the experience account amortization base would continue to be paid down over time.
Committee members asked about the longer-term impact of the changes, including a question about projected savings in 2036. Ms. Johnson said the later-year savings would depend on future actuarial experience and investment performance, but the projected UAL payment in that year would be lower under the revised schedule. The committee then moved to adopt the revised projected fiscal year 2027 LASERS contribution rate of 30.05% by plan, the motion was seconded, and it passed without opposition. The meeting then adjourned.
MN
Minnesota 2025-2026 Regular Session
Committee on Health and Human Services - 02/24/26
Health and Human Services
Transcript Highlights:
- <00:44:45.839>
error seeing our inner our uh payment error seeing our inner our uh payment - in managing um and improve our payment in managing um and improve our payment error<00:45:00.319
- integrity statutes to strengthen payment integrity statutes to strengthen payment control<01:08:
- We can discontinue payments.
- The stop payment is tied to the investigation.
KY
Kentucky 2025 Regular Session
Senate Standing Committee on State & Local Government (3-3-25)
Transcript Highlights:
- toward TRS liabilities began in payments toward TRS liabilities began in 2016<00:05:04.320>
with< - <00:05:14.400>
for budget Cycles projected payments for budget Cycles projected payments for - are projected to continue to payments are projected to continue to increase<00:05:34.039>
more - beyond the expected two billion in annual payments for unfunded liability.
- c><00:16:20.399>
payments <00:16:20.959>for <00:16:21.240>unfunded in annual payments
Summary:
The Senate State and Local Government Committee met and first took up Senate Bill 193, described as a simple measure to restore a wallet card for jailers to carry when outside the jail. The chair noted the fiscal impact was essentially zero, there were no questions, and the committee voted to pass the bill 9-0.
The committee then heard Senate Bill 9, a proposal focused on the Teachers’ Retirement System (TRS). The sponsor argued TRS remains underfunded despite large state contributions, cited rising unfunded liability and negative cash flow, and said the bill is intended to standardize and limit what sick leave, personal leave, and annual leave can count toward retirement calculations. The bill would generally cap TRS retirement credit at 10 sick days and 2 personal days per year, prevent annual leave from being rolled into sick leave, require more uniform reporting and oversight from participating districts and agencies, and shift costs to districts that offer benefits beyond TRS limits. The sponsor also said the bill would add 30 maternity leave days, allow voluntary supplemental contributions for Tier Four teachers, and include a floor amendment directing the state auditor to audit TRS and report on agency leave policies.
During the presentation, the sponsor emphasized fairness, transparency, and accountability, and used a hypothetical high-salary administrator to illustrate how leave payouts can increase retirement benefits and create additional unfunded liability. Senator Mills thanked the sponsor and said members had been working to understand the issue, but no committee action on Senate Bill 9 was completed in the portion provided.
AR
Arkansas 2026 1st Special Session
LEGISLATIVE JOINT AUDITING-COUNTIES AND MUNICIPALITIES Jan 8th, 2026
LEGISLATIVE JOINT AUDITING-COUNTIES AND MUNICIPALITIES
Transcript Highlights:
- Well, the law says monthly, but this committee can approve alternative payments.
- It will reflect those payments. Thank you, ma'am. Okay.
- Who approved the payment is what I...
- The receipt books in which these payments were recorded could not be located.
- The receipt books in which these payments were recorded could not be located.
Summary:
The committee first approved a motion by voice vote, then received updates on delinquent private water and sewer reports. For the 2012 reports, staff said five additional 2024 reports had been received since the December meeting, bringing the total to 17 with escrow funds released and 26 still escrowed. For the 2023 delinquent reports, two more had come in, leaving five outstanding; both reports were filed without objection.
The committee then focused on Act 709 repayment issues for the town of Daisy. Audit staff said Daisy had made unauthorized payments to a nonprofit and had used restricted street funds for fire-related expenses, and that the town had not yet adopted the required repayment ordinance. Mayor Lisa Cogburn said the council had not approved repayment because members disputed the amount, though she said the town had funds to pay. After discussion about the audit calculations and statutory repayment requirements, the committee adopted a motion requiring 10% repayment of the street fund under the statute and providing that failure to comply would result in withholding turnback funds. The Daisy report was then filed.
The committee reviewed numerous additional audit findings from cities, counties, and water departments. Several local officials appeared and described corrective steps, including reconciliation work in Harrison and Carroll County, revenue-code corrections in Izard County, monthly bond-pending reviews in Alexander, fixed-asset documentation and receipt procedures in the town of 56, and bookkeeping/receipt improvements in Ozan and Lee County. Some matters were deferred, including several private water and sewer reports and Green Forest, while others were filed. Reports involving more serious issues were referred to the prosecuting attorney and Attorney General, including Bull Shoals, Lone Oak County, Beaver, Central City, Gravette, Ralston Water Department, Thornton Waterworks, and others. The committee also filed 19 reports with resolved findings and 53 reports with no findings, and adjourned with the next meeting set for February 12, 2026.
MN
Minnesota 2025-2026 Regular Session
House Floor Session 5/17/26 - Part 3
Minnesota House Floor Meeting
Transcript Highlights:
- This allows a permanent withholding of payment to entities who have a credible allegation of fraud.
- This allows a permanent withholding of payment to entities who have a credible allegation of fraud.
- Thank you. of payment to entities who have a of payment to entities who have a credible<00:04:07.000>
- other agencies to also withhold payment other agencies to also withhold payment when<00:04:19.720
- >
for <00:05:02.880>credible withholding of payment for credible withholding of payment
Summary:
The House considered Senate amendments to House File 3629, a grants-management and anti-fraud bill. Representative Bonner explained that the bill clarifies definitions so grants can be terminated for individuals and related parties convicted of fraud, narrows agency exception authority, strengthens whistleblower privacy protections, and allows agencies to permanently withhold payments when there is a credible allegation of fraud. It also incorporates provisions from another Senate bill and adds annual program integrity reporting from DHS and DCYF with a five-year look-back. Representative Cleghorn and Representative Nash spoke in support, emphasizing anti-fraud protections and the bill’s bipartisan support in the Senate.
The House concurred in the Senate amendments and then passed the bill on third reading. A roll call vote followed, and House File 3629 was repassed as amended by the Senate by a vote of 134 yeas and 0 nays, with the title agreed to. The chamber then received first readings for House Files 5161 and 5162.
Later, members offered remarks thanking House staff, including the Sergeant at Arms Office, nonpartisan research and fiscal staff, the Revisor’s Office, the Chief Clerk’s Office, and front desk staff. The session then shifted to parliamentary inquiries about Senate File 3699, a comprehensive response package related to Operation Metro Surge and gun violence prevention, with the Speaker stating the bills were still under review. After further questioning and a point of order, Representative Niska moved a recess to the call of the Speaker, and the House recessed.
CO
Colorado 2026 Regular Session
Colorado House 2026 Legislative Day 086 Part 2 Apr 10th, 2026
Colorado House Floor Meeting
Transcript Highlights:
- Payments to district attorneys: 5321; $17,532,175. Payments to coroners: $62,514,617.
- Vehicle Lease Payments.
- and service payments.
- Lease purchase payment for 9 payments for Colorado State University, $17,496,631.
- Lease purchase payment for 9 payments for Colorado State University, $17,496,631.
Summary:
The committee and floor took up House Bill 1411, which concerned the Cover All Colorado program. Debate centered on whether removing the program’s cap would create an open-ended entitlement and add pressure to the state budget. Supporters and opponents argued over fiscal impacts, with several members saying the program had grown far beyond its original cost estimate and that the state needed to protect the budget and maintain a balanced plan. The bill was ultimately passed as amended.
House Bill 1412 was then considered, authorizing the Department of Health Care Policy and Financing to use statistical sampling and extrapolation to recover Medicaid overpayments in certain provider audits, including ABA therapy and non-emergency medical transportation. Sponsors said the measure would help recapture millions in overpayments tied to fraud, waste, and abuse, and noted safeguards such as strict benchmarks, internal audit review, and a third-party audit firm. An amendment striking the word “alleged” from the bill was adopted, and the bill passed as amended.
House Bill 1413, which changes leave provisions for certain public servants, was also approved. The bill removes a statutory cap on how much sick leave state employees may earn, while leaving actual leave policies to departments and bargaining agreements, and increases annual military leave to align with federal law. Members described it as a modest employee-benefit measure in a year without across-the-board pay raises. The House also laid over House Bill 1410 until later in the day and received the committee of the whole report on a large slate of other bills. Later, Representative Richardson sought to reverse the committee’s action on an amendment to House Bill 1389, which involved the comprehensive human sexuality education grant fund, arguing the grant program should be repealed if it is no longer funded.
MN
Minnesota 2025-2026 Regular Session
House Human Services Finance and Policy Committee 3/5/26
Human Services Finance and Policy
AR
Arkansas 2026 1st Special Session
LEGISLATIVE JOINT AUDITING-COUNTIES AND MUNICIPALITIES Feb 12th, 2026
LEGISLATIVE JOINT AUDITING-COUNTIES AND MUNICIPALITIES
Transcript Highlights:
- And apparently those payments for those bags were being received.
- I spoke with the chairman of their board, and he explains. those payments.
- two extra payments each year.
- I was just thinking, as many of you know, our state has gone from 24 payments a year to 26 payments a
- It has accrued two interest payments at the end of September and the end of December.
MO
Transcript Highlights:
- had, and they returned the payment.
- The only issue for you guys is payment. ...supply all.
- So in that scenario, it's an unconditional payment. ...scenario, it's an unconditional payment on that
- So they were offered a payment on their loan.
- So they were offered a payment on their loan.