Transcript Highlights:

• BEAD WILL FUND THE REMAINING ON OR UNDERSERVED LOCATIONS AND I HAVE THE DATA IF YOU WANT TO SEE WHAT
• BROADBAND ONLY FROM THE WELL RATHER THAN THE GROUND. >> Chair: YOU ARE RECOGNIZED. >> WE KNOW THIS IS A RELIABLE
• IT'S THE MOST CONFIDENCE WE HAVE IN PROVIDING RELIABLE SUSTAINABLE ACCESS TO THE INTERNET BUT THERE ARE

Keywords: 999, senate, all

Transcript Highlights:

• They might be starting to aggregate data.
• Um might be starting to aggregate data.
• But for data on that, but not many do.
• And here's some just some data on the return to work.
• with that data earlier, there are a lot. with that data earlier, there are a lot.

Keywords: Meeting Start: 00:00:09 Attendance Roll Call: 00:01:42 Approval of Minutes: 00:03:23 Overview of Actuarial Audit Process: 00:03:47 Overview of Reemployment After Retirement Provisions: 00:25:26 Teachers’ Retirement System: 00:25:26 Kentucky Public Pensions Authority: 00:50:32 Adjournment: 01:02:55, 958, all

Summary: The meeting began with quorum, approval of the prior minutes, and an announcement that the June meeting had been canceled and replaced by this combined May/June meeting; the next official PPOB meeting was announced for July 21 at 2:30. Staff then gave an overview of the Public Pension Oversight Board’s required actuarial audit process, explaining that House Bill 238 requires a review every five years of the retirement systems’ actuarial assumptions and methods, funded by the systems themselves. The presentation distinguished this audit from a financial or forensic audit, described the three possible audit levels (full replication, limited/spot review, or basic review), and noted that the last audit in 2021 was a level one performed by Milleman Consulting at a cost of about $190,000. Members discussed timing for the next audit cycle, with a request to LRC likely needed in July or August to target the June 30, 2026 valuation, and several members expressed interest in another level one review. Questions also addressed whether prior audits found major issues; staff said the 2021 review was generally clean but recommended more consistency in reporting and assumptions across systems. The committee then welcomed new staff and interns, including Odet Guanzi of KPPPA and Team Kentucky intern Amamira Bowman. Bo Barnes of the Teachers Retirement System presented an overview of the statutory framework for reemployment after retirement under KRS 161.605. He explained that the law is intended to let retirees return to help with staffing needs, do so in an actuarially sound way through required contributions, and keep TRS compliant with federal tax rules for a qualified plan under section 401(a). Barnes described the required breaks in service and earnings limits for retirees returning part-time or full-time, including the three-month or 12-month break depending on the employer, the 6,900-day limit, and the daily wage threshold based on years of service. He also noted a lightly used critical shortage program that allows school districts to hire retirees without a wage cap, while still observing the break-in-service rules. Members asked questions about who decides the scope and level of the actuarial audit, how the audit would treat leave balances and other benefit-related items, and whether the prior level one audit identified substantial problems. Staff said the committee would request the audit, but LRC would handle contracting, and that the audit scope could include items like sick leave and annual leave costs if requested. On the reemployment topic, Barnes emphasized that the rules are designed to avoid pre-arranged retire-and-return arrangements that could jeopardize TRS’s tax-qualified status. No formal votes were taken beyond approving the minutes, and the meeting concluded with the presentations and discussion of these pension oversight issues.

Keywords: NH House of Representatives Committee Streaming, https://www.youtube.com/watch?v=gMt94bTg5lM, 2026-07-02T03:40:22+00:00, 2.2.24, Data collected via generic collector engine, 10:00am HB 1306 12:30pm HB 751, 928, house, all, 2.2.42, 2.1.47

Keywords: MS Legislature YouTube, https://www.youtube.com/watch?v=eN66RxfnjXY, 2026-06-21T11:28:00+00:00, 2.2.24, Data collected via generic collector engine, Ports and Marine Resources - Room 216, 2 March, 2026; 3:30 PM, 925, all, 2.2.42, 2.1.47

Keywords: MD house YouTube, https://www.youtube.com/watch?v=8-Pc8k-c5-c, 2026-07-05T06:06:55+00:00, 2.2.24, Data collected via generic collector engine, House streaming session for Monday, February 10, 2025, 957, house, all, 2.2.43, 2.1.47

Keywords: HI House YouTube, https://www.youtube.com/watch?v=mfQ-Zz87Arg, 2026-07-02T01:22:53+00:00, 2.2.24, Data collected via generic collector engine, House Agenda: https://www.capitol.hawaii.gov/Session2024/hearingnotices/HEARING_EEP_04-11-24_.PDF, 910, house, all, 2.2.42, 2.1.47

Keywords: HI House YouTube, https://www.youtube.com/watch?v=Co752RVK12s, 2026-07-02T01:22:51+00:00, 2.2.24, Data collected via generic collector engine, House Agenda: https://www.capitol.hawaii.gov/Session2024/hearingnotices/HEARING_CMV-JHA_03-15-24_.PDF, 910, house, all, 2.2.42, 2.1.47

Keywords: KY LRC YouTube, https://www.youtube.com/watch?v=KYyPxCsjsTA, 2026-06-21T07:17:07+00:00, 2.2.24, Data collected via generic collector engine, Attendance Roll Call 00:23 Association of Women’s Business Centers 01:07, 958, all, 2.2.42, 2.1.47

Keywords: HI Senate YouTube, https://www.youtube.com/watch?v=XAhlAyboOf4, 2026-07-02T01:23:16+00:00, 2.2.24, Data collected via generic collector engine, Briefing Notice: https://www.capitol.hawaii.gov/sessions/session2024/hearingnotices/HEARING_EET_02-22-24_INFO_.pdf, 912, senate, all, 2.2.42, 2.1.47

Keywords: HI House YouTube, https://www.youtube.com/watch?v=ThQT_9VPXYc, 2026-07-02T01:22:50+00:00, 2.2.24, Data collected via generic collector engine, House Agenda: https://www.capitol.hawaii.gov/Session2024/hearingnotices/HEARING_LGO-JHA_02-13-24_.PDF, 910, house, all, 2.2.42, 2.1.47

Keywords: HI House YouTube, https://www.youtube.com/watch?v=9Ku6AKNnJyI, 2026-07-02T01:22:50+00:00, 2.2.24, Data collected via generic collector engine, House Agenda: https://www.capitol.hawaii.gov/Session2024/hearingnotices/HEARING_WAL-JHA_02-12-24_.PDF, 910, house, all, 2.2.42, 2.1.47

Keywords: HI House YouTube, https://www.youtube.com/watch?v=UgziO82M-5U, 2026-07-02T01:22:50+00:00, 2.2.24, Data collected via generic collector engine, House Agenda: https://www.capitol.hawaii.gov/Session2024/hearingnotices/HEARING_HET_02-09-24_.PDF, 910, house, all, 2.2.42, 2.1.47

Keywords: HI House YouTube, https://www.youtube.com/watch?v=KRzJpxtHbNE, 2026-07-02T01:22:50+00:00, 2.2.24, Data collected via generic collector engine, House Agenda: https://www.capitol.hawaii.gov/Session2024/hearingnotices/HEARING_LGO-EDN_02-08-24_.PDF, 910, house, all, 2.2.42, 2.1.47

Keywords: HI House YouTube, https://www.youtube.com/watch?v=u-8yEb5C8Mw, 2026-07-02T01:22:50+00:00, 2.2.24, Data collected via generic collector engine, House Agenda: https://www.capitol.hawaii.gov/Session2024/hearingnotices/HEARING_CPC_02-08-24_.PDF, 910, house, all, 2.2.42, 2.1.47

Keywords: HI House YouTube, https://www.youtube.com/watch?v=u-BDdv2GmF8, 2026-07-02T01:22:50+00:00, 2.2.24, Data collected via generic collector engine, House Agenda: https://www.capitol.hawaii.gov/Session2024/hearingnotices/HEARING_JHA_02-07-24_.PDF, 910, house, all, 2.2.42, 2.1.47

Keywords: HI House YouTube, https://www.youtube.com/watch?v=Tf7__0AM0Pk, 2026-07-02T01:22:49+00:00, 2.2.24, Data collected via generic collector engine, House Agenda: https://www.capitol.hawaii.gov/session2024/hearingnotices/HEARING_JHA-HLT_02-06-24_.pdf, 910, house, all, 2.2.42, 2.1.47

Keywords: NH House of Representatives Committee Streaming, https://www.youtube.com/watch?v=7tO2M4tLEqo, 2026-07-02T03:39:53+00:00, 2.2.24, Data collected via generic collector engine, Subcommittee Work Session for HB1272, HB1410 and HB1676, 928, house, all, 2.2.42, 2.1.47

Keywords: HI House YouTube, https://www.youtube.com/watch?v=PWX-JfHSY44, 2026-07-02T01:22:49+00:00, 2.2.24, Data collected via generic collector engine, House Agenda: https://www.capitol.hawaii.gov/Session2024/hearingnotices/HEARING_JHA_02-01-24_.PDF, 910, house, all, 2.2.42, 2.1.47

Keywords: HI House YouTube, https://www.youtube.com/watch?v=soF2s_tGPbg, 2026-07-02T01:22:49+00:00, 2.2.24, Data collected via generic collector engine, House Agenda: https://www.capitol.hawaii.gov/Session2024/hearingnotices/HEARING_JHA-AGR_01-31-24_.PDF, 910, house, all, 2.2.42, 2.1.47

Keywords: KY LRC YouTube, https://www.youtube.com/watch?v=IvhYO0mamHQ, 2026-06-21T07:17:06+00:00, 2.2.24, Data collected via generic collector engine, 00:29 Roll call 01:28 Discussion on the Implementation of KAVIS, 958, all, 2.2.42, 2.1.47