Video & Transcript Research : 'actuarial study'

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TX
Transcript Highlights:
  • Maybe there's a study out there that shows how much people earn after, whether it be jobs or there are
  • As the legislature agrees, we've been studying this issue since since the 84th legislative session.
  • We launched a couple years ago a multi-year study called who are the uninsured?
  • The bill only relates to already existing study abroad programs that these universities offer.
  • It does not require a university to develop and implement a study abroad. broad program.
TX

Texas 89th Regular

Pensions, Investments & Financial Services Apr 23rd, 2025

Pensions, Investments & Financial Services

Transcript Highlights:
  • This bill is not about reducing benefits at all; it's a study.
  • In terms of this issue, before we do anything on it, we should have a study on it.
  • Would it be OK if I had our staff actuary come up and answer that?
  • Because I'm not the actuary, I don't have the technical pension expertise.
  • We did a study with TRS, and it showed the cost of doing either a 20 or 25-year retirement.
TX

Texas 89th Regular

Pensions, Investments & Financial Services Apr 23rd, 2025

Pensions, Investments & Financial Services

Transcript Highlights:
  • I want to put in context, though, we have put significant resources into ERS to improve the actuarial
  • Unfortunately, since the fund became actuarially unsound during that period, all retirees were not able
  • valuation, which pointed out that the fund is actuarially sound.
  • We're actuarially sound, and actually, because of the funding that the legislature has provided for in
  • The actuarial cost is reported by TRS to be $806 million, and their reported actuarial cost, of course
TX
Transcript Highlights:
  • If you could help us by maybe, there's a study out there that shows how much people earn after, whether
  • But I can definitely work on trying to see if there's a study or data out there, because, like you said
  • As the legislature agrees, we have been studying this issue since the 84th legislative session.
  • The bill only relates to already existing study abroad programs that these universities offer.
  • It does not require a university to develop and implement a study abroad program.
Summary: The Senate Committee on Education K-16 met with a large agenda and repeatedly recessed for floor activity and other committee conflicts. The committee heard and left pending several higher education bills, including SB 2361 to transfer University of Houston-Victoria from the University of Houston System to the Texas A&M System and rename it Texas A&M University Victoria; testimony from university officials, local leaders, and industry representatives strongly supported the move as a way to better align degree programs with regional workforce needs in engineering, agriculture, and STEM. SB 530, which would align Texas accreditation statutes with federal rules allowing institutions to choose among nationally recognized accreditors, also received supportive testimony and was left pending. SB 1085, allowing Sul Ross satellite campuses to offer lower-division coursework toward bachelor’s degrees, was laid out and left pending as well. The committee also took up a series of education policy bills. SB 1241 would expand the standardized tests Texas public universities may accept for admission beyond the SAT and ACT, with supporters from the Classic Learning Test, homeschool advocates, and student-choice groups arguing it would increase access and competition; it was left pending. SB 769 would require a TEA/Higher Education Coordinating Board report on barriers faced by students with disabilities in higher education, and testimony from The Arc of Texas and others emphasized the need for better data and accessibility; the bill was left pending. SB 2231 would designate the second week of October as Free College Application Week, and SB 1878 would modernize terminology and support workforce-oriented programs at the Josie School; both were laid out and left pending. The committee reported several bills favorably after adopting committee substitutes. SB 605, concerning charter school expansion applications while under conservatorship or a management team, passed on a 9-0 vote. SB 1871, SB 1873, and SB 1874, all related to school discipline and teacher immunity/placement review provisions, were adopted and reported favorably, with members noting the need for further discussion on some language. SB 762, dealing with flag displays in public schools, passed on a 7-1 vote. SB 1962, relating to public school accountability and challenges to school system operations, passed 7-1 after a corrected vote. SB 1750, replacing a $60 million statewide charter facilities cap with an attendance-growth-based allotment, passed 7-1 with one member voting present not voting. SB 2252, supporting kindergarten readiness and early literacy/numeracy, SB 2253, concerning educator preparation and certification, SB 2365, on student use of wireless devices during instructional time, and SB 1924, restoring local peace officer citation authority for school offenses and adding reporting and parent-notification requirements, were also reported favorably. The committee additionally heard SB 37 on higher education governance and compliance oversight, which passed 7-1 after a substitute that refined curriculum review, governing board authority, faculty senate rules, and a new compliance office within the Higher Education Coordinating Board.
ND

North Dakota 2025-2026 Regular Session

Senate Workforce Development Apr 10th, 2025 at 10:00 am

Workforce Development

Transcript Highlights:
  • Chairman, this really seems like a novel idea—something to form a group to study and then have it disbanded
Bills: HB1119
Summary: The Workforce Development Committee reconvened to consider House Bill 1119 with amendment version 02005. Senator Hogan explained that the amendment removed a section requiring the Department of Human Services to respond to legislative management, in order to make the bill feel more like a program evaluation than an audit and to avoid placing an unreasonable burden on the executive branch. The amendment also clarified that the Child Care Advisory Committee would provide an update and that the committee would dissolve after the rewrite of licensing standards, making it a time-limited body. Committee members discussed the bill as a novel approach to forming a group to study an issue and then disbanding after reporting back. Senator Larson noted the concept was similar to broader performance-review ideas, and Senator Hogan said the Legislative Council program evaluation effort was parallel to, but separate from, other performance-review proposals. The committee then voted 4-0-1 to adopt the amendment. Afterward, the committee moved to give House Bill 1119, as amended, a do pass recommendation. That motion also passed on a roll call vote, and the committee adjourned.
WY

Wyoming 2026 Regular Session

Senate Corporations, Elections & Political Subdivisions Committee, February 16, 2026

Corporations, Elections & Political Subdivisions

Transcript Highlights:
  • right at the out outset that this study right at the out outset that this study is<00:01:21.920>
  • study as well. Thank you, Mr. Chairman. study as well. Thank you, Mr. Chairman.
  • The study will produce a be a gap.
  • studies about lot of studies uh national studies about how<00:15:11.360> transmission<00:15:12.079
  • it's a study. You can always work it. it's a study. You can always work it.
Bills: SF0102, SF0113
WY

Wyoming 2026 Regular Session

House Agriculture, State and Public Lands & Water Resources, February 12, 2026

Agriculture, State and Public Lands & Water Resources

Transcript Highlights:
  • And it's a level two study.
  • And it's a level two study.
  • being clear to your study. being clear to your study.
  • . study. study.
  • what I see coming out of this study. what I see coming out of this study.
KY
Transcript Highlights:
  • every two-year annual actuarial every two-year annual actuarial valuation. valuation. valuation.
  • , a reviewing actuary.
  • actuary system retains by a different actuary years<00:09:41.200> ago.
  • another actuary retained by the systems. another actuary retained by the systems.
  • It’ll also look at the actuarial processes. Actuaries have actuarial standards of practice.
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.
KY
Transcript Highlights:
  • Riggs. uh of a potential aviation impact study uh of a potential aviation impact study and<01:15:41.440
  • Eight years ago we did an economic impact study on aerospace parts manufacturing and export.
  • > cost<01:17:14.600> $500,000, study we did previously cost $500,000, study we did previously
  • Uh, where it might come from for a new study, I don't know.
  • The study that you've referenced?
Summary: The committee’s first interim meeting opened with roll call, a quorum, and a briefing from Transportation Cabinet officials on the Cabinet’s response to severe weather and tornadoes in Kentucky, especially the May 16–17 storms that caused deaths and widespread damage in Pulaski and Laurel counties, with an additional tornado noted in Washington County. Secretary Jim Gray, State Highway Engineer James Ballinger, and District 11 engineer Chris Jones described how crews in all 120 counties were placed on alert, how roads were cleared of debris, and how KYTC coordinated with emergency management, law enforcement, local governments, and utilities to restore access and power. They reported major impacts on roads, signals, and other infrastructure, including the EF4 tornado path through Pulaski and Laurel counties, and said KYTC also helped with debris hauling, airport cleanup, and delivery of water and meals. The officials gave specific recovery figures for Laurel County, including 1,800 loads of construction and demolition debris hauled, about 11,000 tons and 22,000 cubic yards removed, with roughly 50% of vegetative debris cleared at that point. They said all state roadways in Laurel County were reopened, the London-Corbin Airport was returned to flight operations by Sunday, and a transition plan was underway for Laurel County Fiscal Court’s contractor to take over debris operations. Gray also noted that KYTC had helped issue replacement IDs, licenses, registrations, and titles at no cost in disaster areas, and said the Team Kentucky Storm Relief Fund had raised nearly $1.5 million from more than 6,000 donors. Members praised KYTC staff as first responders and thanked them for their quick response and coordination. Several legislators recounted local impacts in Washington, Pulaski, and Laurel counties, including blocked roads, rescue challenges, looting concerns, and the scale of property damage. One member asked how KYTC inspects bridges and infrastructure after disasters to check for hidden damage, and officials said the process depends on the event and can include bridge inspections and checks of tall infrastructure such as light poles. No votes or formal committee actions were taken during the discussion.
NM

New Mexico 2026 Regular Session

House - Rural Development, Land Grants And Cultural Affairs Feb 10th, 2026 at 09:01 am

House Rural Development, Land Grants And Cultural Affairs

Transcript Highlights:
  • This is just the studying part of it.
  • We are looking at ways to improve and see studies from the Health Care Authority.
  • The study that's going to be done, I also agree that we should have done the study before we implemented
  • So this study would really help. It would really help going down the line.
  • That's also a purpose of the study.
Bills: HB310, HB323, HM51, HB194
KY
Transcript Highlights:
  • RTC's<00:03:01.040> provide The study finds that RTC's provide The study finds that RTC's
  • > while<00:20:39.520> RTC's The study concludes that while RTC's The study concludes that
  • Um, we that was not part of the study Um, we that was not part of the study and<00:25:01.120>
  • our study. our study.
  • Nelson studies, I'll turn it over to Dr.
Summary: The subcommittee heard an Office of Education Accountability report on Kentucky’s early childhood regional training centers (RTCs). OEA said the centers provide valuable training, consultation, technical assistance, and materials for preschool personnel, especially for children with disabilities and at-risk students, and that the services align with state and federal requirements. However, the report found uneven student and teacher populations across regions, wide variation in per-student funding, some staffing data inaccuracies, and several fiscal oversight concerns, including inconsistent indirect cost rates, a building rental charge that may have been duplicative, and host districts recording RTC expenditures in a way that could blur them with district finances. OEA also said some documentation of progress toward goals was incomplete and that the technology lending library appeared underused. The report recommended stronger KDE oversight, uniform coding and accounting practices, review of budgets and expenditures, and an evaluation of whether the current five-center model remains the most efficient structure; OEA also suggested the General Assembly may wish to revisit KRS 157.318. Members asked about KDE’s response, whether the centers are required by federal law, how the centers operate, and whether changing the model would affect federal funding. OEA said KDE had only discussed the findings informally and had not issued a formal response, the centers are required by state law but not federal law, and changing the model would not jeopardize IDEA preschool funds. The committee accepted the report by motion. The subcommittee then approved the minutes from its July 14, 2025 meeting after initially delaying action because quorum was not yet present. After that, members turned to the Office of Education Accountability’s proposed 2026 study agenda. OEA said the three proposed topics are the annual district data profiles, facilities funding, and implementation of early literacy statutes. The district profiles would add an appendix showing the number and percentage of students moving to private school or homeschool by district and another appendix noting data-quality issues that affect comparability. OEA explained that district staffing data can undercount contract staff because those employees are not always entered into the system, and members expressed interest in tracking whether prior recommendations were implemented. One senator also raised a separate interest in reviewing whether KDE created and implemented regulations related to KFIX. The discussion remained informational, with no final vote on the study agenda shown in the transcript excerpt.
MN

Minnesota 2025 1st Special Session

House Energy Finance and Policy Committee 2/20/25

Energy Finance and Policy

Transcript Highlights:
  • He added that engineers have studied the performance of these arrays, and while they can reduce peak
  • the performance of these Rays studied the performance of these Rays you<00:07:17.000> arrays<
  • Has anyone studied that?
  • At the very least, we would request a cost-of-service study to work with data.
  • I think that this data needs to be looked at, and I would ask for a study on this.
Bills: HF845