Video & Transcript Research : 'Employees Retirement System'
Page 2 of 500
AL
Alabama 2026 1st Special Session
Alabama House Ways and Means General Fund Committee Jan 21st, 2026
Ways and Means General Fund
Transcript Highlights:
- Circuit clerks authorized to participate in supernumerary program and employees retirement system based
- <00:12:50.000>
retirement <00:12:50.560>system program and employees retirement system - program and employees retirement system based<00:12:51.360>
on <00:12:51.680>separate < - <00:13:01.120>
circuit system of retirement that the circuit system of retirement that the - the retirement system. the retirement system. >> That's<00:13:16.320>
correct.
Keywords:
elder abuse, financial exploitation, inheritance, joint tenancy, conviction effects, off-label, pharmacists, medical treatment, state board of pharmacy, employment protection, sexual extortion, criminal law, felony, threat, blackmail, HB255, Employees' Retirement System of Alabama, ERSA, State Police Tier II Plan, annual leave
LA
Transcript Highlights:
- HB 41, by Representative Vuit, provides relative to board membership of the firefighter retirement system
- Basically, I've had some members of the fire department who are part of the retirement system, with the
- Professional Firefighters' Retirement System.
- Currently, they do not have a voice at all on what goes on with the retirement system.
- I'm the General Counsel for the Firefighters Retirement System. Okay. And I'm talking about costs.
Bills:
HB41
Keywords:
Firefighters' Retirement System, FRS, retirement board, board of trustees, firefighter pension, public pension, retirement system governance, active members, service credit, Professional Fire Fighters Association, PFFA, Louisiana Fire Chiefs Association, fire chiefs, retirees, beneficiaries, DROP, Deferred Retirement Option Plan, board elections, vacancies, Louisiana retirement law
AL
Alabama 2026 1st Special Session
Alabama Senate State Governmental Affairs Committee Feb 25th, 2026
State Governmental Affairs
Keywords:
HB213, Calhoun County, board of registrars, registrar compensation, county commission, local legislation, election administration, county general fund, expense allowance, officeholder compensation, public officials pay, county election officials, Alabama Code 45-8-110, Teacher's Retirement System, TRS, DROP, Deferred Retirement Option Plan, retirement benefits, teacher retirement, classroom teacher
OK
Transcript Highlights:
- Members, Senate Bill 169 increases the annual amount of longevity payment awards to state employees by
- Senate Bill 1204 provides Oklahoma teachers and school employees 3 days of bereavement leave following
- resident care specialists for the Oklahoma Juvenile Affairs to become members of Oklahoma Public Employees
- ' hazardous duty retirement plan.
Keywords:
longevity pay, state employees, Oklahoma government, salary increase, emergency declaration, capital planning, funding allocation, state budget, infrastructure, emergency measures, income tax credit, qualified project, economic development, infrastructure funding, small population areas, school employees, teachers, support personnel, support employees, public schools
TX
Texas 89th Regular
Pensions, Investments & Financial Services Apr 14th, 2025
Pensions, Investments & Financial Services
Transcript Highlights:
- approved retirement systems to another by amending the population.
- It allows eligible members of the Employees Retirement System, known as ERS, to apply military service
- through the Employees Retirement System of Texas.
- You registered as Robin Hardaway, excuse me, on behalf of the Employee Retirement System.
- Complicated has what we just were listening to: the Texas Municipal Retirement System.
Bills:
HB245, HB700, HB2783, HB3526, HB3900, HB4061, HB4124, HB4166, HB4395, HB4534, HB4609, HB4641, HB4736, HB4738, HB4739, HB4945, HB5015, HJR175, HB245
Keywords:
military service, retirement, law enforcement, custodial officer, Employees Retirement System, commercial financing, brokers, registration, disclosures, finance, consumer protection, fees, deferred compensation, automatic participation, county employees, payroll deductions, retirement plans, fiscal transparency, local government, bond issuance
TX
Texas 89th Regular
Pensions, Investments & Financial Services Apr 14th, 2025
Pensions, Investments & Financial Services
Transcript Highlights:
- And then I have five employees at $200,000 each.
- Same way with my employee tips.
- It's a system that's open to all.
- That's not the way the system works at all.
- The processing system sees one amount.
Bills:
HB245, HB245, HB700, HB2783, HB3526, HB3900, HB4061, HB4124, HB4166, HB4395, HB4534, HB4609, HB4641, HB4736, HB4738, HB4739, HB4945, HB5015, HJR175
Keywords:
property tax, delinquent taxes, ad valorem, penalties, interest cap, military service, retirement, law enforcement, custodial officer, Employees Retirement System, commercial financing, brokers, registration, disclosures, finance, consumer protection, fees, deferred compensation, automatic participation, county employees
AL
Alabama 2026 1st Special Session
Alabama Senate Finance and Taxation General Fund Committee Feb 11th, 2026
Finance and Taxation General Fund
Transcript Highlights:
- Current law does not specify the status of such employees under the merit system.
- Current law does not specify the status of such employees under the merit system.
- <00:20:05.120>
I'm employees under the merit system. - I'm employees under the merit system.
- This bill is for more law enforcement officers' retirement benefits. >> Yes, sir.
Keywords:
psychoactive cannabinoids, cannabis, beverage prohibition, criminal penalties, youth access, Jefferson County, pistol permit, gun permit, concealed carry, firearm permit, sheriff fee, permit fee, weapons license, gun licensing, school security, Jefferson County Sheriff's Fund, retirement system, Gardendale, Birmingham legislative office, local bill
AL
Alabama 2026 1st Special Session
Alabama Senate Finance and Taxation General Fund Committee Feb 25th, 2026
Finance and Taxation General Fund
Transcript Highlights:
- continue to restore confidence in our election system.
- <00:24:50.680>
that the um salaries for the employees that the um salaries for the employees - I employees, whatever however much time.
- They opt into the system." >> Hi. >> Hi.
- opt into the system. opt into the system.
Keywords:
county housing authority, public housing, housing authority, affordable housing, low-income housing, mixed-use development, community facilities, subsidiary, affiliate, public corporation, municipal tax exemption, deed tax, mortgage tax, probate fee, bond financing, housing project, urban redevelopment, rural housing, public-private partnership, eminent domain
OK
Oklahoma 2026 Regular Session
Retirement and Government Resources 2ND REVISED Apr 7th, 2026 at 10:30 am
Retirement and Government Resources
Transcript Highlights:
- system.
- I'm the executive director of the Oklahoma law enforcement retirement systems.
- I'm not entirely sure what the teacher's retirement system contribution for the employer is, but for
- Only it's hard to tell how many new hires there will be, but currently in the teacher's retirement system
- We have a Ginger from the Oklahoma Pension and Retirement System here.
Keywords:
state government, vendor contracts, subcontracting, public database, contract assessment, transparency, retirement, law enforcement, Oklahoma Law Enforcement Retirement System, school resource officers, public safety, public finance, contract management, service-driven contracts, state accounting, intangible assets, Oklahoma Police Pension, disability benefits, mental health, retirement system
AL
Alabama 2026 1st Special Session
Alabama Senate Finance and Taxation General Fund Mar 18th, 2026
Finance and Taxation General Fund
Transcript Highlights:
- are able to participate in retirement. are able to participate in retirement.
- . supernumeary retirement and um what this supernumeary retirement and um what this act<00:45:47.440>
- Supernumerary system. It does away. It is not a supernumerary.
- This is for only those individuals that pay into the system.
- I was going to let him do this one, but call the next bill. retire at 62, 18 years service, a 5year retire
Bills:
SB176, HB155, HB247, HB311, HB312, HB317, HB466, SB176, HB155, HB247, HB311, HB312, HB317, HB466
Keywords:
controlled substances, unlawful distribution, marijuana, violent offense, sentencing guidelines, criminal justice, state holidays, federal holidays, public holidays, legal holidays, office closures, state employees, personal leave, compensatory leave, bank closures, school closures, Mardi Gras, Mobile County, Baldwin County, Rosa Parks Day
OK
Oklahoma 2026 Regular Session
House of Representatives Second Regular Session of the 60th Legislature Day 26 Mar 17th, 2026 at 09:30 am
Oklahoma House Floor Meeting
Transcript Highlights:
- House Bill 3721 by Kelly of the House and Fris of the Senate and act relating to retirement.
- children to elect a survivor benefit if they're unmarried public safety officer parent passes prior to retirement
- reading of the bill House Bill 3721 by Kelly of the House and Fris of the Senate and act relating to retirement
Keywords:
HB2936, children, child protection, adoption, Oklahoma Adoption Code, gestational carrier, gestational agreement, surrogacy, intended parent, preplacement home study, home study, prospective adoptive parent, foster placement, child abuse, child neglect, child sexual abuse, child sexual exploitation, lewd molestation, sex offender registry, Oklahoma Sex Offenders Registration Act
AL
Alabama 2025 Regular Session
Alabama House Ways and Means General Fund Committee Apr 16th, 2025
Ways and Means General Fund
Transcript Highlights:
- post-retirement qualifying period for benefits for certain occupational diseases.
- House Bill 556 concerns the employment of certain retired law enforcement officers.
- participation in the supernumerary program and the employees' retirement system.
- Currently, district Currently, district attorneys who have independently vested in the Employees' Retirement
- without penalties or reductions to their retirement benefits. ...they cannot draw the ERS retirement
Keywords:
firefighter benefits, occupational disease, line of duty, disability pension, death benefits, retirement benefits, hypertension, heart disease, respiratory disease, cancer presumption, HIV, hepatitis, municipal firefighters, state firefighters, fire districts, workers' compensation, public safety employees, post-retirement benefits, benefit eligibility cutoff, occupational illness
AZ
Transcript Highlights:
- the Arizona State Retirement System premium benefit subsidy.
- Arizona State Retirement System. Thank you. Any questions for the bill sponsor? Seeing none, Mr.
- For the record, Jessica Thomas, legislative liaison for the Arizona State Retirement System.
- Again, for the record, Jessica Thomas, legislative liaison for the Arizona State Retirement System.
- For the last time, Jessica Thomas, legislative liaison for the Arizona State Retirement System.
Keywords:
individual income tax, subtraction, Arizona Revised Statutes, retirement benefits, adoption costs, charitable contributions, health insurance, premium payment, Arizona State Retirement System, contingent annuitant, long-term disability, benefits limitations, disability compensation, social security, retirement system, elected officials, ASRS, eligibility waiver, age 65, education savings
Summary:
The committee first heard House Bill 2785, a tax conformity measure that would update Arizona statutes to conform to the Internal Revenue Code as of January 1, 2026, including retroactive provisions for tax year 2025. The sponsor and supporters said the bill would align state law with tax forms already issued by the Department of Revenue, provide certainty to filers, and deliver about $440 million in tax relief through provisions such as no tax on tips and overtime, a larger standard deduction, and a $6,000 senior deduction. Opponents argued the bill would significantly reduce state revenue, disproportionately benefit higher-income taxpayers, and should be considered alongside a broader budget plan. After debate and an amendment addressing retroactivity and foreign dividends, the committee approved HB 2785 on a 5-4 vote.
The committee then took up several Arizona State Retirement System and education savings bills. HB 2089 clarified the health insurance premium benefit subsidy for retirees and passed unanimously. HB 2090 changed the disability determination period for long-term disability benefits from 24 months within a five-year period to a straight 24-month period and passed 8-1. HB 2092 allowed employees over age 65 to waive ARS participation within 30 days of becoming eligible and also passed 8-1. HB 2477 conformed Arizona’s 529 education savings plan to federal law, including expanded uses and a permanent rollover to ABLE accounts and Roth IRAs; testimony supported the cleanup and simplification, but some members raised concerns about the Roth rollover and possible use of transferred ESA funds. HB 2477 passed 5-3 with one present vote, and the committee then adjourned.
AL
Alabama 2026 1st Special Session
Alabama House Ways and Means General Fund Committee Mar 18th, 2026
Ways and Means General Fund
Transcript Highlights:
- If they return to state employment, the state employee is allowed to pay back the retirement funds to
- It allows employees and teachers to purchase retirement credit from prior federal civil service.
- retirement systems as well.
- systems including military of retirement systems including military uh<00:30:17.039>
other <00 - <00:30:19.200>
as uh other state uh retirement systems as uh other state uh retirement systems
Bills:
HB589, HB591, HB609, HB614, SB57, SB280, SB332, HB589, HB591, HB609, HB614, SB57, SB280, SB332, HB627
Keywords:
Jefferson County, building regulations, zoning, public health, building commissioner, permits, construction, land use, county tax, lodging tax, Henry County, transient accommodations, hospitality industry, local act, sheriff, sheriff's office, task force, abandoned property, stolen property, unclaimed property
AL
Alabama 2025 Regular Session
Alabama House Ways and Means General Fund Committee Apr 9th, 2025
Ways and Means General Fund
Transcript Highlights:
- Once you're retired, you are no longer employed. Longer employed.
- He has retired; he's in his 50s.
- Your son retired. and graduating school.
- their employees. How has that been dealt with?
- House Bill 255 by Representative Pettis addresses the employees' retirement system in Alabama State Police
Keywords:
firefighter benefits, occupational disease, line of duty, disability pension, death benefits, retirement benefits, hypertension, heart disease, respiratory disease, cancer presumption, HIV, hepatitis, municipal firefighters, state firefighters, fire districts, workers' compensation, public safety employees, post-retirement benefits, benefit eligibility cutoff, occupational illness
MN
Minnesota 2025-2026 Regular Session
State Committee Meeting - 2026-04-16
State Government Finance and Policy
Transcript Highlights:
- So, again, um, the bill you actually have with you is for the Minnesota State Retirement System.
- Um systems uh to effectuate that change.
- system-by-system basis. system-by-system basis.
- systems across the executive branch. systems across the executive branch.
- resources to move technology systems resources to move technology systems forward<00:55:12.800><
Bills:
HF4074
Keywords:
retirement, pension, public employees, MSRS, PERA, TRA, St. Paul Teachers Retirement Fund Association, police and fire, correctional employees, probation officers, telecommunicators, dispatchers, 911 operators, public safety answering point, PSAP, firefighters, volunteer firefighters, paid on-call firefighters, fire relief association, state aid
AL
Alabama 2026 1st Special Session
Alabama House Transportation, Utilities and Infrastructure Committee Mar 17th, 2026
Transportation, Utilities and Infrastructure
Keywords:
HB542, district attorney, prosecutor, supernumerary district attorney, Employees' Retirement System, ERS, Alabama retirement, public employee retirement, pension, retirement benefits, post-retirement employment, salary cap, dual participation, double dipping, District Attorneys' Plan, assistant district attorney, deputy district attorney, state pension, survivor benefits, Office of Prosecution Services
ND
North Dakota 2025-2026 Regular Session
Senate Appropriations Apr 3rd, 2025 at 08:30 am
Appropriations
Transcript Highlights:
- Section 4 applies to the Public Employees Retirement System, Uniform Group Insurance Program, or, for
- And this only applies to the PERS system for the next biennium, starting on January 1st of '26.
- then we will ask the chair and vice chair, which of course Senator Bekkedahl is the vice chair of Employee
- just explain the bill a little bit, but it creates a criminal justice data informational sharing system
Keywords:
adult residential facilities, care services, Medicaid, payment rates, elderly care, health services, North Dakota, prescription drugs, drug affordability, copay assistance, copayment accumulator, deductible accumulator, out-of-pocket maximum, health insurance, health benefit plan, self-insured health plan, self-funded plan, third-party payment, manufacturer assistance, patient assistance program
Summary:
The Appropriations Committee met with a quorum and took up three bills. House Bill 1216, dealing with prescription drug expense co-pay accumulators in health plans, was presented by Rep. Karen Carl’s, who explained it would prevent insurers from refusing to count third-party assistance toward deductibles for patients using high-cost, non-generic drugs. An amendment was offered to clarify effective dates, including a delayed January 1, 2026 start for PERS coverage. PERS testified that the amendment would align with its calendar-year benefit structure and likely reduce the fiscal note. The amendment was adopted 16-0, and the bill was set aside for further discussion later.
House Bill 1199, creating a criminal justice data-sharing system and missing persons/missing Indigenous people task force, was introduced with a committee amendment changing the Attorney General reference to the Attorney General or designee. The committee noted the bill includes a $250,000 general fund appropriation for ongoing costs. The amendment passed 16-0, and the amended bill received a do pass recommendation by a 15-1 vote, with one no vote from Senator Magrum.
House Bill 1531, appropriating $75,000 for an irrigation expansion study by the Agriculture Commissioner, was supported as a way to update older economic-impact studies on irrigation and assess opportunities for expansion. Members discussed its relationship to broader study pauses and the history of irrigation development in the state, including Garrison Diversion and remaining authorized acres. The bill passed 16-0. The committee then discussed scheduling for the coming week, noting a heavy bill load and plans for daily morning meetings before adjourning.
AZ
Transcript Highlights:
- Senate Bill 1042 allows members of the state treasurer or a state retirement system to invest in virtual
- Chairman, members, Senate Concurrent Resolution 1033 encourages the Arizona State Retirement System and
- the Public Safety Personnel Retirement System to monitor digital asset exchange-traded funds and make
- System,' and then includes the one, two, and three paragraphs.
- I think that the legislature, with this bill, will be making clear that it wants retirement systems to
Keywords:
public funds, virtual currency, bitcoin, investment, Arizona Strategic Digital Asset Reserve Act, state treasurer, retirement system, state payments, cryptocurrency, Arizona law, payment methods, government transactions, tax lien, property tax lien, real property tax lien, foreclosure, right of redemption, redeem, excess proceeds, county abatement lien
Summary:
The House Ways and Means Committee considered a series of Senate bills and one concurrent resolution, with several measures involving virtual currency, county tax liens, tax conformity, and retirement system investments. The chair announced that Senate Bill 1503 would be held at the sponsor’s request and noted this was likely the committee’s last meeting of the session. The committee also heard testimony on Senate Bill 1042, which would allow state treasurer and retirement system funds to invest up to 10% in virtual currency holdings, and Senate Bill 1043, which would allow state agencies to accept virtual currency payments through agreements with providers. Members raised concerns about volatility and government involvement, but both bills were described as permissive rather than mandatory and were returned with due pass recommendations by 5-3 votes.
The committee then took up Senate Bill 1067, dealing with county cleanup assessments for blighted properties in unincorporated areas. Chairman Olson offered an amendment removing the bill’s property-tax-bill mechanism and instead preserving county liens so cleanup costs could survive a tax lien sale. County representatives and the County Supervisors Association supported the amended approach as a way to recover costs and make counties whole. The amendment was adopted unanimously, and the bill as amended passed 8-0. Senate Bill 1292, clarifying that the Public Safety Personnel Retirement System’s 5% voting-stock cap applies to publicly traded corporations, also passed with broad support after testimony from PSPRS.
Two tax-administration bills prompted extended debate. Senate Bill 1180 would direct the Department of Revenue to prepare tax forms based on conformity to the Internal Revenue Code unless the legislature enacts nonconformity; Chairman Olson’s amendment limited the presumption to provisions that reduce federal adjusted gross income or taxable income, reflecting concerns about automatic tax increases. The sponsor said the bill was meant to clarify legislative intent and prevent executive overreach, while several members said the amended version was materially different from the original. The amendment and the bill as amended both passed 5-3. Senate Bill 1221 would require DOR to notify the House Ways and Means and Senate Finance chairs before adopting new interpretations or applications of tax law that adversely affect taxpayers and to testify if hearings are held; an intent amendment was adopted, and the bill passed 5-3 amid debate over the meaning of “adversely.”
Finally, Senate Concurrent Resolution 1033, which encourages the Arizona State Retirement System and PSPRS to monitor digital asset exchange-traded funds and report on feasibility, risks, and benefits before the next session, was approved 5-3. Some members objected to the use of “encourage” and to the underlying cryptocurrency policy, while supporters said the resolution simply sought information and did not mandate investment. The committee then adjourned.
KY
Kentucky 2025 Regular Session
Public Pension Oversight Board (4-28-25)
Transcript Highlights:
- It's uh good to be Retirement System.
- There was an amendment added that gave some employee benefits that didn't impact the retirement systems
- General Counsel for Teachers Retirement General Counsel for Teachers Retirement System.
- funded as determined by the retirement funded as determined by the retirement systems<00:54:33.640
- <01:03:00.640>
and certainly the retirement system and certainly the retirement system and
Keywords:
Meeting Start: 00:00:01
Attendance Roll Call: 00:01:26
Approval of Minutes: 00:02:27
Investment, Cash Flow, and Legislative Update:
Bo Cracraft – Judicial Form Retirement System: 00:03:12
Ryan Barrow – Kentucky Public Pensions Authority: 00:21:52
Beau Barnes – Teachers’ Retirement System: 00:34:31
Adjournment: 01:07:25, 958, all
Summary:
The meeting opened with the Pledge of Allegiance and prayer, followed by a roll call confirming a quorum and approval of the prior minutes. A special guest, Dave Eager, was welcomed before the committee moved to presentations from retirement system officials.
Bo Craycraft, executive director of the Judicial Form Retirement System, gave a quarterly update on investment performance, asset allocation, and cash flow. He said the plans had held up well amid market volatility, with fiscal year-to-date returns above benchmark and long-term returns remaining strong. He explained that the plans are targeted to a 70% equity/30% fixed-income allocation, that some cash is being held for cash-flow management, and that negative cash flow is expected because of funding and contribution levels. He also said Senate Bill 183, dealing with proxy voting and economic analysis for certain votes, was not expected to materially affect the plans because of their small number of holdings and Bear Trust’s long-term investment approach.
Ryan Barrow and Erin Surrod then presented for the Kentucky Pension Authority. They reported positive quarterly performance across the retirement and insurance funds, though results varied by period and remained tied to broader market conditions. They said recent asset-allocation changes had been completed and the funds were now within target ranges. On cash flow, they noted some plans remained negative or near zero, with one plan benefiting from a large appropriation. In the legislative update, they described House Bill 30 as codifying an exclusion from pension-spiking calculations for across-the-board raises, and Senate Bill 10 as increasing retiree health insurance subsidies and changing employee health insurance contribution rules for certain CERS members beginning in 2026. They also said Senate Bill 183 would likely have limited impact, though the agency would review voting policies and incorporate any required economic-analysis procedures.