Video & Transcript : 'wage increases' :

Page 271 of 500
MN

Minnesota 2025-2026 Regular Session

House Environment and Natural Resources Finance and Policy Committee 3/25/25

Environment and Natural Resources Finance and Policy

Transcript Highlights:
  • 30.960><c> increase</c><00:20:31.360><c> motans</c><00:20:32.000><c> will</c> this increases this increase
  • </c> not cover our full operating increase. not cover our full operating increase.
  • </c> less would increase from 1060 to 25. less would increase from 1060 to 25.
  • would be a And even like a 10% increase would be a big<00:48:36.240><c> increase.
  • increased increased costs and increased responsibility.<01:14:03.679><c> We</c><01:14:04.000><c> are
MN

Minnesota 2025-2026 Regular Session

House DFL Press Conference 3/27/25

Transcript Highlights:
  • The lack of coverage also leads to increase in public safety for all.
  • The lack of coverage also leads to an increase in public safety for all.
  • </c><00:03:08.360><c> in</c> 61% making this the biggest increase in 61% making this the biggest increase
  • </c><00:05:04.280><c> the</c> to be disproportionately increasing the to be disproportionately increasing
  • </c><00:05:19.840><c> in</c> of coverage also leads to increase in of coverage also leads to increase
CA
Transcript Highlights:
  • Then for the... ...cost increases.
  • several years of increases for policy-covered employees.
  • Since 2022, the project's costs have increased.
  • Since 2022, the project's cost have increased.
  • This represents a 3% increase in base funding.
Summary: The Assembly Budget Subcommittee on Education Finance held an extended hearing focused primarily on University of California budget issues, enrollment, housing, and Title IX. Chair David Alvarez opened by noting the governor’s proposed 8% ongoing General Fund reduction to UC, the deferral of compact funding, and the College of the Law budget item, while emphasizing that no votes would be taken that day. Public commenters, including UC Davis employees and lecturers, urged restoration of UC funding and opposed the hiring freeze, saying cuts would worsen staffing shortages, reduce research capacity, and harm students and patients. On UC core operations, the Department of Finance said the governor’s budget maintains the compact but defers $240.8 million in ongoing support and continues a planned 7.95% reduction, while the LAO recommended rejecting the deferrals and instead making any changes in the budget year. UC San Diego’s chancellor and UC Office of the President argued the cuts and deferrals would create major campus shortfalls, force hiring freezes, larger class sizes, fewer course offerings, delayed projects, and possible layoffs. Committee members questioned whether cuts could be shifted away from students and toward administration, discussed UCOP reserves and bond debt, and noted that UC’s budget structure makes the campus-level impact larger than the headline reduction. The committee also reviewed enrollment trends and nonresident replacement. The LAO said UC resident enrollment has grown and recommended revisiting 2026-27 targets and pausing the nonresident replacement plan if state funding does not improve. UC said it has exceeded California undergraduate enrollment and nonresident replacement goals, but warned that continued growth without funding would force enrollment reductions and harm quality. Members discussed the role of nonresident and international students, tuition rates, and the value of UC as a pathway for California students and a source of talent for the state. A separate housing item covered the state’s Higher Education Student Housing Grant Program. UC reported that recent bond savings could support additional affordable beds at UC Davis and UC Santa Barbara, but the LAO and Finance noted the Legislature would need to decide how to use the $6.2 million in savings from the original projects. The committee also heard a Title IX update from UC’s systemwide civil rights office, which described campus Title IX structures, training, and policy enforcement, and said the system has been working to improve confidentiality guidance and streamline complaint processes after survey feedback showed confusion and lengthy procedures.
CA
Transcript Highlights:
  • Total production going through the licensed market is increasing and has increased by double-digit percentage
  • In general, those have been increasing.
  • As we increase those, that increases costs on the licensed businesses, which makes it more difficult
  • As we increase those, that increases costs on the licensed businesses, which makes it more difficult
  • You said maybe increase those in the future. It shouldn't be a maybe. We need to increase it.
Summary: The joint informational hearing focused on the Department of Cannabis Control’s report on the condition and health of California’s cannabis industry. Department staff reviewed the evolution of state cannabis law, the creation of the current regulatory framework, licensing and compliance efforts, and enforcement against illicit cannabis and hemp-derived intoxicating cannabinoids. The department said the licensed market has grown in production and retail units sold, while active licenses and retail sales value have declined, and that the illicit market remains a major competitive factor. The department also highlighted consumer education efforts, product testing and recalls, and coordination through the state enforcement task force and other agencies. The department’s economist said the data show continued growth in licensed production and a rising share of consumption through the licensed market, but falling wholesale and retail prices have reduced overall industry value. He identified major headwinds as taxes and fees, illicit-market competition, local prohibitions that limit retail access, regulatory costs, and broader business pressures, while noting opportunities in product innovation and possible hemp-market changes. Committee members pressed the department on enforcement, public health concerns, equity ownership and employment, delays in grant administration, pesticide testing, and whether the legal market is truly viable for small businesses and farmers. Several members argued that stronger enforcement and lower costs are needed, while one member raised concerns about cannabis-related health harms and said the hearing focused too narrowly on supply-side issues. Public commenters from industry groups and advocacy organizations largely echoed concerns about high taxes, regulatory burdens, limited retail access, and the size of the illicit market. Many urged the Legislature not to let the excise tax rise from 15% to 19% and called for tax relief, compliance reform, more enforcement, and broader retail access. Some speakers said the report was too optimistic and did not reflect business failures, debt, and closures, while others emphasized the need to protect small farmers, address wildfire insurance, and support equity businesses. No votes or formal actions were taken; the hearing was informational only.
ID

Idaho 2026 Regular Session

Feb 24th, 2026

Transcript Highlights:
  • This funded an average hourly pay increase of 95% of $9,000. increases.
  • This would be a 0.2% increase from the current year's appropriation.
  • I mean, that's about $4 million that was increased by. Why? Mr.
  • What's the increase? Why the $4 million increase in the personnel costs? Mr.
  • , increased fees, those who were above 150, decrease fees.
Summary: The committee first heard a report from the Joint Millennium Fund co-chairs on recommended uses of Millennium Fund dollars. The recommendations included one-time funding for juvenile safety assessment centers and child advocacy centers, ongoing funding for the Upper River Youth Leadership Council Recovery Center, $5 million for a statewide drug awareness media campaign, and $25 million one-time for Medicaid claim payments to reduce the general fund impact in fiscal year 2027. Members asked about the Medicaid recommendation because the fund had previously been directed away from Medicaid; the co-chairs said the request was made in light of a revenue downturn and was intended as one-time funding, with any unused balance returned. The report was accepted by unanimous consent. The committee then reviewed the Division of Occupational and Professional Licenses. Legislative staff summarized the division’s consolidation of licensing boards, staffing, fee-balance management requirements, and the governor’s and committee’s budget recommendations, including vehicle replacement and IT hardware requests. Administrator Russ Barron said the division has reduced overall expenditures since consolidation, improved licensing and inspection timeliness, and used fee changes, fee holidays, and board mergers to keep board balances within the target range. Members questioned rising personnel costs, the use of opioid settlement funds for prescriber DEA fees, the continued need for a 10% transfer exemption, vehicle replacement timing, and how complaints and discipline are handled; Barron said complaints drive investigations, boards set fees subject to legislative approval, and a universal discipline bill could improve consistency. Finally, the committee heard the state lottery budget. Staff described lottery revenues, prize payouts, dividend distributions to schools and state buildings, and a small one-time request for replacement computers. Director Andrew Arulenandum said the lottery has reduced management layers, renegotiated major contracts for significant future savings, and is trying to improve performance without relying heavily on paid advertising. Members asked about the role of lottery detectives, the return on advertising spending, and the need for MacBooks and iMacs; he said detectives investigate theft and other lottery-related crimes, advertising results are hard to isolate from jackpot size, and the Apple equipment is needed for in-house design work. The committee concluded its business and adjourned, with a reminder about upcoming budget-setting work sessions.
WA
Transcript Highlights:
  • They raided our rainy day fund, and just generally increasing to a $2 billion tax increase after coming
  • , you know, or $2 billion budget increase after coming into the largest tax increase in Washington state
  • There's still gas tax increases.
  • increase the cost of living.
  • I mean, it's not just the tax increases.
Summary: Senate and House Republican leaders used the weekly media availability to criticize the Democratic majority’s budget and tax proposals, framing the session around affordability and fiscal restraint. They said the operating budgets rely on unsustainable one-time money, rainy day funds, and an income tax proposal they argued is unconstitutional and likely to drive businesses and wealthy residents out of Washington. They also said House and Senate Republicans offered budget amendments aimed at property tax relief, restoring money to public works, and reducing reliance on new taxes, but those efforts were rejected. The lawmakers also highlighted several bills they said failed to advance, including juvenile rehabilitation reforms, child endangerment/child fatality reporting measures, and tort reform. Braun said he plans to raise those issues, along with the income tax and budget concerns, in a meeting with the governor, and asked whether the governor would veto the income tax if his conditions are not met. Connors and Abbarno added that Republicans are still working with some Democrats, including on a constitutional amendment approach to any income tax, but said the majority is moving too quickly and without adequate safeguards. Other topics included the U.S. Supreme Court ruling on California transgender policies, which Republicans described as a win for parents’ rights and potentially relevant to Washington school policy, and a House bill affecting data centers, which they opposed as harmful to jobs, energy innovation, and local tax bases. They also criticized additional taxes under consideration, such as nicotine, prescription drug, bag, bottle, and data-center-related taxes, arguing these would worsen affordability. The session ended with Republicans saying they had little influence in the budget conference process and vowing to keep fighting the income tax and other tax increases through the final days of the session.
LA

Louisiana 2026 Regular Session

Ways and Means Mar 17th, 2026

Ways & Means

Transcript Highlights:
  • It increases the membership from 5 to 11 members and increases the number of assessors and deputy assessors
  • So increasing that number helps make a quorum more feasible.
  • For property increases in value by over 50 percent, there's a phase-in where you only pay an increase
  • Because this kind of duplicates a little bit about limiting the increase.
  • For an increased millage rate to instances where a taxing authority intends to levy and collect the increased
Bills: HB287 , HB340 , HB412 , HB440 , HB514 , HB515 , HB521 , HB543 , HB553 , HB570 , HB961
Committee: House Ways & Means
NM

New Mexico 2026 Regular Session

Senate - Finance Jan 28th, 2026 at 02:47 pm

Senate Finance

Transcript Highlights:
  • an increase in manager fees that are tied to investment performance, and increases the other cost category
  • an increase in manager fees that are tied to investment performance, and increases the other cost category
  • So a 50% increase in the 200s gets us there.
  • So a 50% increase in the 200s gets us there.
  • So not a huge increase. That's an increase of $313,000.
OK

Oklahoma 2026 Regular Session

Senate Legislative Session Apr 27th, 2026 at 01:30 pm

Oklahoma Senate Floor Meeting

Transcript Highlights:
  • would increase.
  • And the taxes keep increasing.
  • That's without increasing the cap.
  • Do you do you Consider it a 10% increase, a gradual increase? Thank you for the question.
  • If we're going to increase this public's increase this cap, we must demand that the same fiscal Transparency
KY
Transcript Highlights:
  • </c> all of the increase in the liability. all of the increase in the liability.
  • </c> derivative of that increase in usage. derivative of that increase in usage.
  • </c> considerable increase from last year. considerable increase from last year.
  • <c> employer</c> increases.
  • </c><01:25:56.159><c> in</c> increases in salary or increase in increases in salary or increase in number
Summary: The meeting opened with a quorum call, the Pledge of Allegiance, a prayer, and approval of the prior meeting minutes. The first presentation was from Bo Craycraft of the Judicial Form Retirement System, who gave an update on investment performance, asset allocation, cash flow, and projected employer costs. He reported strong fiscal year 2025 investment results, with both the legislative and judicial retirement plans outperforming their actuarial assumed rates of return and benchmarks, driven largely by U.S. equity performance. He also noted the plans remained near their target asset allocation and continued to experience negative cash flow, though he said that was manageable in context of strong asset growth. Craycraft then discussed a recent experience study and actuarial assumption changes, especially a revised salary growth assumption and a higher cash balance interest credit rate. He said these changes increased projected employer costs, with contributions rising from about $700,000 to a projected $2 million in later years, though he expected the eventual 2025 valuation and investment gains to reduce that estimate. Members asked about mortality assumptions, the impact of the experience study on liabilities, and the sharp increase in the judicial plan’s projected employer cost. Craycraft explained that the increase was driven mainly by the updated assumptions and that no other major plan changes were involved. At the chair’s request, Craycraft also addressed the recent rise in Medicare Advantage premiums for the plan’s health coverage, saying the 2025 increase was largely tied to Part D changes and the Inflation Reduction Act and had been about 45%, but that future growth was expected to be under 5%. After his presentation, the committee moved to the Kentucky Public Pensions Authority update, where the next speaker began by saying the funds had exceeded actuarial assumed returns for the fiscal year.
WY

Wyoming 2026 Regular Session

Senate Appropriations Committee, February 17, 2026

Appropriations

Transcript Highlights:
  • </c> represents a 4% increase. represents a 4% increase.
  • It increased overall for the funding.
  • </c><00:09:58.880><c> funding</c> districts will see an increased funding districts will see an increased
  • It would be an increase of million.
  • is increased to $229.5 million.
Bills: HB0150
LA

Louisiana 2026 Regular Session

Ways and Means Mar 17th, 2026

Transcript Highlights:
  • It increases the membership from 5 to 11 members and increases the number of assessors and deputy assessors
  • So increasing that number helps make a quorum more feasible.
  • People are not voting on that big tax increase that they're getting.
  • For property increases in value by over 50 percent, there's a phase-in where you only pay an increase
  • For an increased millage rate to instances where a taxing authority intends to levy and collect the increased
Summary: The Ways and Means Committee met on March 26 and first reported favorably HB 287, which renews the Louisiana Tax Commission’s authority to levy certain fees used to fund its operations. The author and Tax Commission representatives said the fee supports the commission’s appeals and assessment work and is not a new charge. The committee then adopted a technical amendment and reported HB 553 favorably as amended; that bill expands the Assessor Certification Program Committee from 5 to 11 members and adjusts education and recertification requirements for assessors. The committee then took up HB 412, a constitutional amendment on property assessment and reappraisal. After an amendment in concept was adopted to remove the bill’s proposed 30-year homestead exemption, members questioned the remaining provisions, which would tie annual assessment growth to CPI and move the reassessment cycle from four years to five. The author, assessors, and local government representatives debated whether the proposal would create predictable tax growth or instead leave many properties assessed below market value and shift burdens to businesses and local services. The author ultimately voluntarily deferred HB 412 and its companion HB 340 for further work. Members next heard HB 514 and HB 961, both senior-property-tax measures, but both were voluntarily deferred after brief discussion and technical amendments. HB 514 would have created an optional additional homestead exemption for certain homeowners age 65 and older, phased in over time and tied to income and a surviving-spouse provision; HB 961 would have extended related eligibility to certain trusts. The committee also deferred HB 515, 543, and 540 to future meetings. Finally, the committee favorably reported HB 521 and HB 570, both dealing with millage and reassessment rules. Supporters, including local government and industry groups, argued the bills would give taxing authorities more flexibility to avoid being forced to levy the maximum millage simply to preserve future authority. Assessors and local officials explained current reassessment and roll-forward rules, while the author said the bills would reduce pressure to overtax residents and businesses. HB 521 was reported favorably, and HB 570 was reported favorably as amended after adoption of a six-part amendment set, mostly technical changes.
CA
Transcript Highlights:
  • The proposed 7%-based budget increase covers most of the compact funding.
  • It also provides a one-time increase...
  • This increases the total amount proposed in 2026-27 to $100.6 million.
  • They did so as a fixed amount as opposed to a percentage increase.
  • In terms of the Middle Class Scholarship, the administration doesn't propose any increases or increasing
Summary: The subcommittee heard May Revision proposals for higher education, beginning with the Bureau for Private Postsecondary Education. Finance proposed a one-time $10 million General Fund backfill to repay a special fund loan used to cover litigation costs, plus provisional language to allow budget flexibility for a remaining legal expense and to repay the loan without interest. The LAO opposed shifting the litigation costs to the General Fund and raised legal concerns about waiving interest on the loan, noting that special fund loans have historically been repaid with interest. Members asked about the litigation amount and the estimated interest savings, which Finance said would be about $245,000. The committee then discussed University of California funding, including the Governor’s proposed compact funding and a $1.5 million one-time increase for the First Star foster youth program at UC campuses. UC said the program has strong outcomes at UCLA, including a 100% college-going rate and high college completion rates, and that the new funding would expand the program to additional campuses and eventually be self-supporting through fundraising. The LAO recommended rejecting the proposal, arguing that UC already has overlapping outreach programs, including the Early Academic Outreach Program, and that the new initiative would duplicate existing services. Several senators questioned whether the state should expand a new program instead of strengthening existing ones, while UC and Finance emphasized the program’s focus on foster youth and its high success rates. For the California Community Colleges, Finance outlined the May Revision’s increase to the Student-Centered Funding Formula COLA from 2.41% to 4.31%, along with enrollment growth funding, categorical COLAs, deferred maintenance, and other ongoing and one-time investments. The Chancellor’s Office supported the flexible “super COLA” approach and asked for more enrollment growth funding, arguing that many districts are already above current targets and that unfunded growth restricts access. The LAO recommended funding at least the statutory COLA, redirecting some ongoing funds to enrollment growth or one-time priorities, and rejecting the $9.7 million Adult Learner Demonstration Project because districts already have incentives to do similar work. Senators pressed Finance and the Chancellor’s Office on the use of COLA funds to cover the new paid pregnancy disability leave requirement, the impact on hold-harmless and basic-aid districts, and whether the state should fund actual enrollment growth rather than a flat COLA. The committee also reviewed California Student Aid Commission proposals, including adjustments to Cal Grant and Middle Class Scholarship funding, continued Golden State Teacher Grant funding, and implementation of the federal Workforce Pell program. Finance said the Middle Class Scholarship changes reflected updated caseload estimates and that the higher 35% unmet-need level had been one-time funding, while CSAC urged continued support and noted the importance of financial aid for student success. The LAO recommended rejecting additional Golden State Teacher Grant funding as not well-targeted and urged caution on Workforce Pell trailer bill language, citing uncertainty about federal rules, ongoing administrative workload, and the need for clearer implementation planning. Members also raised concerns about declining CADAA applications and the need to better promote state aid for undocumented and mixed-status students. No votes were taken during the transcripted portion, and the committee moved through the agenda items with questions and testimony.
NM
Transcript Highlights:
  • That's a massive amount of increase, but it doesn't account for the increase of work that we've added
  • But behaviors are increasing.
  • We've increased salaries. We've increased insurance.
  • Rather than a pay increase based on just the increase of health insurance cost.
  • So we've seen a big increase.
FL

Florida 2026 4th Special Session

February 16, 2026 - 03:30 PM

Transcript Highlights:
  • Our total budget is a 2% increase over the current year budget.
  • The base student allocation, or BSA, increases by $129.11 and the funds per student increase by $247.60
  • In addition to the base student allocation increase, there are other increases in the FEFP in the budget
  • So we increased the total funds per student by 2.7%, and that is in line with the CPI increase of 2.7%
  • That would lead to an increase in total school scholarship funding.
FL

Florida 2026 Regular Session

FL House Floor Session - 2025-06-16 (7:00PM Session)

Florida House Floor Meeting

Transcript Highlights:
  • This is a $10 million increase.
  • I want to go into a little bit about the increase, the percentage increase this year. Thank you.
  • The total funds per student has increased 1.59; the total overall spending has increased 3.3%.
  • But the increase per student is 1.59%. Again, The increase per student is 1.59%.
  • So you have an increase in BSA.
Summary: The House convened on the final day of session, observed a moment of silence for the Minnesota House Speaker Melissa Hortman and her husband, and for Representative Rosenwald’s father, then swore in and seated new members Boyles and Hodgers. The Speaker also outlined the chamber’s end-of-session priorities, including action on the budget and related conforming bills. The House then took up H.J.R. 5019, a constitutional amendment to expand Florida’s budget stabilization fund by raising the cap, requiring annual transfers, and allowing withdrawals for critical state needs. After sponsor explanations and questions about what would qualify as a critical need and how the fund might respond to possible federal funding cuts, the House adopted an amendment that added more flexibility for suspending transfers and withdrawals. The joint resolution then passed on final passage. Members next considered HB 7031, the tax package conference report. The bill repeals the business rent tax and aviation fuel tax, delays the natural gas fuel tax, creates or extends several sales tax exemptions and holidays, and makes changes affecting property taxes, local taxes, pari-mutuel taxes, and revenue distributions. Debate focused heavily on the new permanent exemption for ammunition and hunting-related items, the elimination of recurring housing trust fund and transit-related distributions, and the shift of some funding from recurring to nonrecurring status. Supporters argued the package provides tax relief and preserves annual budget flexibility, while opponents criticized the ammunition exemption and the reductions in recurring housing and transit support. The conference report was adopted and the bill passed. The House then passed HB 5017, which creates a debt reduction program funded by a recurring transfer from general revenue to retire state bonds early, and HB 5015, the state group insurance conforming bill, which directs DMS to develop a formulary management plan and codifies the administrative health insurance assessment. Finally, the chamber began explanation and questions on the General Appropriations Act conference report for fiscal year 2025-26, described as a $115.1 billion budget that is down from the current year and includes more than $12 billion in reserves. Subcommittee chairs summarized major budget areas, including K-12 education, health care, transportation and economic development, agriculture and natural resources, higher education, state administration, justice, and information technology, highlighting funding for school choice, Medicaid, housing, transportation infrastructure, Everglades restoration, workforce programs, cybersecurity, and technology modernization.
WA
Transcript Highlights:
  • There had been a 3% rate increase in the House budget and no rate increase in the Senate budget.
  • There's a rate increase and also a slot increase for ECAP, so it's DCYF ECAP increases.
  • There's a rate increase and also a slot increase for ECAP, so it's DCYF, e-cap increases.
  • So it's DCYF, ECAP increases.
  • So there are increases as well.
Summary: The conference committee met on Engrossed Substitute Senate Bill 5167, the state operating budget, and received a detailed staff briefing on the proposed conference report. Staff explained how to read the comparison documents, the four-year balanced-budget outlook, and the main resource assumptions, including use of the March 2025 revenue forecast, exclusion of the statutory 4.5% growth assumption, revenue legislation totaling about $8.7 billion, numerous fund transfers, and reversion assumptions. They also noted the proposal does not include a temporary salary reduction or furloughs. The briefing highlighted major policy areas and their net five-year impacts, including increases for state and higher education employee compensation, K-12 education, long-term care and developmental disabilities, corrections, information technology, and other policy items. It also described net reductions in behavioral health, children/youth/families, higher education, natural resources, other human services, and health care/public health, with many of the changes tied to delayed programs, rate adjustments, fund shifts, and savings options from Governor Ferguson. The committee then heard member comments, with supporters emphasizing K-12 funding and fiscal responsibility, and Senator Gildon opposing the process and the closed-door nature of the budget development. A motion was made and seconded to recommend adoption of the conference report and pass the bill. The roll call showed one member voting do not recommend, one member excused, and the remaining members recommending adoption. By vote of the committee, the conference report was adopted, and the committee adjourned.
MN

Minnesota 2025-2026 Regular Session

House Environment and Natural Resources Finance and Policy Committee 4/10/25

Environment and Natural Resources Finance and Policy

Transcript Highlights:
  • AIS, surcharge increases.
  • These water fee increases are increases.
  • </c> increased in 2018. increased in 2018.
  • </c><00:13:32.480><c> for</c> omission of an operating increase for omission of an operating increase
  • <c> in</c> without increases without an increase in without increases without an increase in state<00
Bills: HF2439
CA

California 2025-2026 Regular Session

Assembly Emergency Management Committee Jun 22nd, 2026

Emergency Management

Transcript Highlights:
  • The member then said that, generally, consolidation and increased monopolies lead to increased prices
  • The member then said that, generally, consolidation and increased monopolies lead to increased prices
  • The member said that consolidation and increased monopolies lead to increased prices and put the squeeze
  • by increased production.
  • And if vendors cannot justify those increases, they don't get the increase on the contract.
LA
Transcript Highlights:
  • We have no factors that were found to increase the normal cost.
  • That was increased cost by about 0.2%.
  • All of that resulted in an increase in cost of 0.457%.
  • It's a double-edged sword because payroll growth happens with pay increases, which are going to increase
  • We had a slight increase in cost of benefits and payment.
Summary: The Public Retirement System Actuarial Committee met on February 23, 2026, approved the December 18, 2025 minutes, and heard actuarial valuation reports and experience studies for several retirement systems. Presenters repeatedly noted strong investment performance, payroll growth, and generally improving funded ratios across the systems, with most plans showing lower minimum recommended employer contribution rates for fiscal 2027. The committee also received explanations of funding deposit accounts, frozen unfunded liabilities in some plans, and how recent legislative changes, including the move to five-year DROP periods in some systems, affected costs and assumptions. For the Clerk of Court, District Attorney, Firefighters, Municipal Employees (Plans A and B), Municipal Police, Registrars of Voters, and Sheriffs systems, the committee reviewed 2025 actuarial evaluations and, where applicable, 2025 experience studies. The actuarial reviewers reported no significant deficiencies and said the valuations were completed in accordance with applicable actuarial standards, generally accepted actuarial practice, and state statutes. The experience studies generally led to modest assumption changes, with some cost decreases from salary, mortality, withdrawal, and asset experience, while some plans saw offsetting increases from retirement or post-DROP behavior. The committee asked a brief question about mortality assumptions and was told the studies use separate male/female and safety/non-safety tables adjusted for Louisiana experience. The committee adopted each valuation and experience study without objection. Key fiscal 2027 minimum recommended employer contribution rates included 14.75% for Clerk of Court, 3.0% for District Attorneys, 25.5% for Firefighters, 20.75% for MERS Plan A, 8.75% for MERS Plan B, 26.5% for Municipal Police, 0% for Registrars of Voters with a $207,683 allocation to the Member Supplemental Savings Fund, and 7.75% for Sheriffs. The committee also recognized DROP crediting rates where applicable and adjourned after completing all agenda items.