Video & Transcript Research : 'Deferred Retirement Option Plan'

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TX

Texas 89th Regular

Corrections May 5th, 2025

Corrections

Transcript Highlights:
  • They have no option except to continue being trafficked.
  • It maintains the judiciary's role in reviewing budgets and strategic plans but shifts that review to
  • And do you think it's best for things to stay as they are, or do you see some other option that might
  • So when I meet with my judges, I discuss what their options are.
  • and discussing local needs and plans with the Board of Judges and key stakeholders.
Bills: SB663, SB958
AZ

Arizona 2026 Regular Session

03/23/2026 - House Public Safety & Law Enforcement

Public Safety & Law Enforcement

Transcript Highlights:
  • optional contributions.
  • Tier 1 is a 20-year retirement. Tier 2 is a 25-year retirement, and Tier 3 is a 401(a).
  • And when they do retire, now we’re paying for a retirement program for them that we otherwise could have
  • And when they do retire, now we’re paying for a retirement program for them that we otherwise could have
  • If this is your last option, you're in a situation. right to try if if this is your last option it isn't
Summary: The committee first heard SB 1161, which would prevent lapse of a $750,000 FY2026 appropriation to DPS for the Yuma County Family Advocacy Center (Amberly’s Place). Testimony described the center’s 24/7 crisis response, forensic interview and medical services, and satellite offices in nearby communities. The bill was moved and received a do pass recommendation on an 11-0 roll call, with three members absent. The committee then considered SB 1215, a clarifying bill on the list of cancers covered by the occupational disease presumption for firefighters and peace officers, with a retroactivity amendment to June 30, 2021. Firefighters’ representatives said the measure corrects a drafting issue involving adenocarcinoma and would prevent denials of claims; members asked about peace officer coverage, independent medical exams, and workers’ compensation impacts. The amendment was adopted and the bill received a do pass recommendation, with 11 ayes, one present, and two absent. SB 1270, dealing with supplemental employer contributions to defined contribution accounts for corrections employees, drew testimony focused on severe retention problems in corrections and county detention. Supporters said the bill would allow optional incentive payments at service intervals to help keep trained officers on the job; members discussed vesting, recruitment versus retention, and whether the program could be funded without a new appropriation. The committee adopted the amendment and gave the bill a do pass recommendation, with ten ayes, one nay, two present, and one absent. The committee also heard SB 1400, authorizing law enforcement wellness and crisis response programs and setting confidentiality rules. Police association testimony supported the concept but noted concerns about the breadth of the privilege carve-outs, especially if licensed therapists are involved; several members said they would support the bill after an amendment clarifying privilege protections. The bill was reported do pass with ten ayes, one nay, and two present. SB 1538, as a strike-everything amendment, would require workers’ compensation coverage for PTSD treatment for firefighters and peace officers and allow one MDMA treatment course if federal approval and rescheduling occur by January 1, 2029. Supporters described promising clinical trial results and argued it could help severe PTSD cases, while county representatives opposed the mandate and raised cost and approval concerns. The amendment was adopted and the bill received a do pass recommendation, with seven ayes, three nays, and one present. Finally, the committee considered SB 1537, renaming the peace officer training equipment fund as the public safety de-escalation and life safety fund and repealing its advisory commission. Testimony explained the change was meant to reduce confusion between similar funds and reflect the fund’s use for de-escalation and safety equipment; some members noted opposition from the Arizona Police Association and concerns about whether the money might be better used for raises. The bill passed on a 7-4 vote with three absent. The committee then began SB 1580, which would appropriate Peace Officer Training Equipment Fund money for fire incident management support and other public safety equipment, including pepperball equipment, simulators, records management software, and retention/recruitment efforts. Testimony supported the equipment and data-sharing investments, but members also questioned accountability, ongoing costs, and whether the listed uses were the best use of the fund.
AL

Alabama 2026 1st Special Session

Alabama House Ways and Means Education Committee Feb 11th, 2026

Ways and Means Education

Transcript Highlights:
  • also has a provision in it that will give the municipalities and the local county government the option
  • local county municipalities and the local county government<00:11:28.399> the<00:11:28.640> option
  • government the option to exempt as well. government the option to exempt as well.
TX

Texas 89th Regular

Pensions, Investments & Financial Services Apr 14th, 2025

Pensions, Investments & Financial Services

Transcript Highlights:
  • This will allow counties to enroll new employees in deferred compensation plans. ...ensuring that more
  • I'm also a proud participant in our county's retirement plan.
  • Pairing this with a deferred compensation plan can truly change lives.
  • I started contributing to my retirement plan... Deferred Compensation Plan about seven years ago.
  • in deferred compensation plans.
TX

Texas 89th Regular

Pensions, Investments & Financial Services Apr 14th, 2025

Pensions, Investments & Financial Services

Transcript Highlights:
  • Under the plan, they will negotiate with basically the 32 largest banks in the U.S.
  • I want an option. I have no option. I really can't do better. Bitcoins?
  • And we just got to figure out a way that we have options and that we have choices.
  • And that's really why I'm supporting the ability to have options in credit cards.
  • I know I could choose not to participate, but then it’s really no option for me.
TX

Texas 89th Regular

S/C on Disease Prevention & Women's & Children's Health Mar 27th, 2025

S/C on Disease Prevention & Women's & Children's Health

Transcript Highlights:
  • The order that we are planning on going in will be HB1782, then HB2259, and then HCR56 with Harris Division
  • So that is what we're planning on doing. Vice Chair Busey agreed to go toward the end.
  • Health insurance here, so we have to find all these other options.
  • It reports on a statewide health plan and submits it to state leadership every six years.
  • included in the 2023-2028 health state plan.
AL

Alabama 2026 1st Special Session

Alabama House Transportation, Utilities and Infrastructure Committee Mar 17th, 2026

Transportation, Utilities and Infrastructure

Transcript Highlights:
  • What's popped up is a solar farm has been planned.
  • /c><00:11:59.839> farm<00:12:00.160> has<00:12:00.399> been<00:12:00.640> planned
  • <00:12:01.440> A<00:12:01.680> lot a a solar farm has been planned.
  • A lot a a solar farm has been planned.
AL

Alabama 2025 Regular Session

Alabama House Ways and Means General Fund Committee Apr 16th, 2025

Ways and Means General Fund

Transcript Highlights:
  • It's worked as we planned.
  • It also has a local option that local cities and counties can apply that same option to them as well.
  • Retirement Benefits and Allowances, further providing for membership of district attorneys' plans, expanding
  • as a hedge or again as a strategic plan.
  • So, under the bill, there would be a strategic plan created. I think OIT was... Plan created.
TX

Texas 89th Regular

Pensions, Investments & Financial Services Mar 31st, 2025

Pensions, Investments & Financial Services

Transcript Highlights:
  • lays out as pending business House Bill 618, by Representative... ...which relates to health benefit plan
  • That there is a complete no-cost option for this service.
  • And that no-cost option basically means there is no fee, there is no tip, there's no requirement that
  • for financial planning.
  • Currently, statute requires Texas Public Retirement Systems.
FL

Florida 2026 Regular Session

Appropriations Feb 18th, 2026

Appropriations

Transcript Highlights:
  • And members, SB 7028, the retirement bill, does several things. Thank you, Mr. Chairman.
  • Members, SB 7028, the retirement bill, does several things.
  • If I am 366 days removed from retirement and I check all the boxes, I get the $25,000.
  • Cancer doesn't end at retirement. Thank you for your time. Thank you for your time.
  • You know, if your plan is to wait for Congress, God help you.
Summary: The committee heard presentations on the Senate’s proposed 2026-2027 budget, SPB 2500, with chairs outlining major spending in K-12 education, higher education, health and human services, criminal and civil justice, transportation/tourism/economic development, and agriculture/environment/general government. Highlights included a $115 billion overall budget, pay raises for state employees and public safety workers, major K-12 funding increases and enrollment supplements, higher education workforce and nursing investments, expanded Medicaid/KidCare and behavioral health funding, corrections and law enforcement operational funding, transportation and housing investments, and significant environmental and water quality spending. Members asked about civic education funding, declining enrollment, professor retention, APD waiver waitlists, cultural grant allocations, and other line items. Public testimony also addressed HIV/AIDS drug assistance funding and prison air conditioning. SPB 2500 was adopted as a committee bill after amendment consideration and a roll call vote. The committee then took up implementing and related budget bills, including SPB 2502 (implementing the General Appropriations Act), SPB 2504 (state employee bargaining placeholder), SB 7028 (Florida Retirement System contribution rates and related retirement changes), SPB 2506 (fuel tax distributions), SPB 2508 (state agency law enforcement radio system surcharge), SPB 2510 (termination of an unused court trust fund), SPB 2512 (new judgeships), SPB 2514 (K-12 conforming changes), SPB 2516 (higher education conforming changes), and SPB 2518 (health conforming changes). Most were explained as technical or conforming measures tied to the budget, and all were reported favorably as committee bills, with SB 7028 amended to direct a portion of increased contributions to disability and line-of-duty death benefits in the FRS investment plan. The committee also heard and passed several member bills, including CS for SB 1074 on rounding rules for cash transactions in a world without pennies, CS for SB 678 restoring the alcohol loss deduction framework for distributors, and SB 964 on firefighter cancer benefits and prevention. SB 964 drew the most discussion, with questions about the one-year death-benefit window, the separate $25,000 cancer diagnosis payment, and whether the bill could create gaps in coverage for firefighters diagnosed or dying just outside the new time limits. Firefighter representatives testified in support, saying the bill would provide clearer protections for members and families. All of these measures were reported favorably.
AZ

Arizona 2026 Regular Session

03/09/2026 - House Public Safety & Law Enforcement

Public Safety & Law Enforcement

Transcript Highlights:
  • I recently retired after decades working in public education and public health, and I am here in strong
Bills: SB1032, SB1055, SB1107
Summary: The Committee on Public Safety and Law Enforcement first heard SB 1032, which appropriates $1.5 million from the State General Fund to the Corrections Oversight Fund in fiscal year 2027 to help administer the Independent Correctional Oversight Office. Supporters, including Justice Action Network and a family member who described the death of her son after severe mental health and jail-care failures, argued the office is needed to provide accountability, transparency, and a check on systemic problems in the Department of Corrections. Representative Blackman strongly backed the measure, saying the oversight office would help address lawsuits, staffing shortages, mental health issues, and the state’s federal receivership. The committee approved SB 1032 on a 14-0 vote with one absent, giving it a due pass recommendation. The committee then considered SB 1107, which creates an alternative certification pathway for honorably discharged U.S. veterans who served as military police to become Arizona peace officers through an abbreviated training process that credits military training and experience. There was no sponsor present and no opposition testimony. Members discussed whether the bill would include equivalent military law enforcement roles from all branches, and staff indicated the bill is intended to track Department of Defense training standards. The bill received broad support as a way to help fill public safety staffing shortages, though one member voted no over concerns about applicants with prior misconduct elsewhere. SB 1107 passed 11-1, with two present and one absent, and received a due pass recommendation. Finally, the committee heard SB 1055, which requires law enforcement to immediately notify ICE or CBP when an arrested person is unlawfully present in the United States. Supporters said the bill would strengthen cooperation with federal immigration enforcement and help ensure people are not released before federal authorities can act. Opponents, including the ACLU of Arizona and several community speakers, argued it would undermine trust in law enforcement, chill crime reporting, create due process and constitutional concerns, and impose unfunded compliance burdens on local agencies; one speaker also raised concerns about impacts on Indigenous people and families dealing with mental illness crises. A strike-everything amendment offered by Representative Cruz would have replaced the bill with a restriction on DOC inmate telephone contracts so the department could not profit beyond operating costs, but the committee rejected that amendment 6-8. The committee then approved the underlying SB 1055 on an 8-6 vote with one absent, giving it a do pass recommendation.
TX

Texas 89th Regular

Pensions, Investments & Financial Services Apr 23rd, 2025

Pensions, Investments & Financial Services

Transcript Highlights:
  • Both the union and the Retired Firefighters Association support this bill, and most active and retired
  • I need to have a retirement that allows me to retire earlier and then look for a second pension."
  • I'm here today to support House Bill 4029, which creates a supplemental retirement plan under...
  • Law enforcement agencies offer competitive retirement packages, including 20 or 25-year retirements,
  • Currently, there are two judicial retirement plans in Texas: JRS1 and JRS2.
TX

Texas 89th Regular

Pensions, Investments & Financial Services Apr 23rd, 2025

Pensions, Investments & Financial Services

Transcript Highlights:
  • Stated simply, if a state trooper retired in 2001 with a $3,000 a month retirement, that trooper's retirement
  • We represent active and retired members.
  • I'm also a former state employee, a retired state employee with over 35 years of service, and I retired
  • from the Employees Retirement System of Texas.
  • design to the retirement system.
AL

Alabama 2025 Regular Session

Alabama House Public Safety and Homeland Security Committee Feb 26th, 2025

Public Safety and Homeland Security

Transcript Highlights:
  • Under existing law, any person who retires in good standing as a law enforcement officer or investigator
  • officers to be certified shall receive his or her badge. ...and pistol as a part of his or her retirement
  • This bill would provide that any individual who retires in good standing as a law enforcement officer
  • The substitute, basically, in case... ...the agencies can't afford the pistol, they'll give an option
  • One person did it; it wasn't a plan. Someone had a gun, they shot, and they drove off.
TX

Texas 89th Regular

Pensions, Investments & Financial Services Apr 28th, 2025

Pensions, Investments & Financial Services

Transcript Highlights:
  • It applies to participants in the employee's retirement system, the teacher retirement system, and the
  • . plans.
  • DROP stands for Deferred Retirement Option Program, which allows a person to defer retirement when they
  • So that means you can retire and keep working. That's correct.
  • Additionally, the member would be eligible to enter the Deferred Retirement Option Plan once they reach
WY

Wyoming 2026 Regular Session

Senate Appropriations Committee, February 10, 2026

Appropriations

Transcript Highlights:
  • decisions about equal education, and then I see schools building stuff that my grandkids don't have an option
  • of either maintaining enhancements or any other project that's not within their school facilities plan
  • of either maintaining enhancements or any other project that's not within their school facilities plan
  • amended to prohibit any expenditure of the major maintenance funds on enhancements. school facilities plan
  • So, if the uh, school facilities plan.