Video & Transcript Research : 'longevity'
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TX
Transcript Highlights:
- by providing a salary increase for certain years of service and it also increased the amount of longevity
- the law that the judges get raises already. every four years, every eight years and then there's longevity
- then the next 10% bump, after $8,000, we get it to $194,000. or $1,810 a year, and then there's longevity
- And with longevity, it would be 225,000. Okay, so that's pretty substantial.
- Senators, we have also submitted alternative pay language for consideration addressing longevity and
Keywords:
school safety, Foundation School Program, education funding, student allotment, Texas education, SB 263, Texas franchise tax, cost of goods sold, COGS, broadcasters, television broadcasting, radio broadcasting, media tax, broadcast license, FCC, 47 C.F.R. Part 73, 47 C.F.R. Part 74, film production, television production, tax deduction
TX
Transcript Highlights:
- by providing a salary increase for certain years of service, and it also increased the amount of longevity
- built into the law that the judges get raises already every 4 years, every 8 years, and then there's longevity
- And then there's longevity pay, but wait, there's more.
- The maximum would be 183, but for that 8 year be 215,000 and with longevity it'd be 225,000.
- Senators, we have also submitted alternative pay language for consideration addressing longevity and
OK
Oklahoma 2026 Regular Session
Senate Legislative Session Mar 17th, 2026 at 09:00 am
Oklahoma Senate Floor Meeting
Transcript Highlights:
- Senate Bill 169 increases the amount of longevity awarded to state employees by 50% across all service
- So the question is in this longevity pay, where we're we're we are Rewarding something specifically.
- What we're recording What we're asking for here is rewarding longevity.
- Members, just very quickly, this is only measuring longevity.
- He is one of Those longevity workers. I asked for a vote. Further debate on the bill.
Bills:
SB1627, SB227, SB366, SB1193, SB1433, SB1450, SB1481, SB1749, SB1810, SB1812, SB1921, SB1948, SB2044, SB2178, SB169, SB1877, HB1409, SB1266, SB1432
Keywords:
criminal code cleanup, duplicate statutes, statutory consolidation, repealer bill, emergency clause, Title 21 crimes, Title 47 DUI, child abuse reporting, child neglect, child sexual abuse material, child pornography, sex offenses, rape, stalking, domestic abuse, domestic violence, human trafficking, sex trafficking, gang-related offense, eluding police
MD
Transcript Highlights:
- . >> House Bill 278, Human Services, Department of Aging and Commission on Aging, the Longevity Ready
- an ecosystem for longevity.
- an ecosystem for longevity.
- 00:48:14.400>
ready hallmarks of the longevity ready hallmarks of the longevity ready Maryland - So that means taking into longevity.
Summary:
The House convened with 124 members present, offered prayer, approved the previous day’s journal by consent, and then moved through introductory matters and a ceremonial resolution recognizing Delta Sigma Theta Sorority, Incorporated for its 113 years of sisterhood, scholarship, service, and social action in Maryland. Members welcomed visiting sorors and applauded the recognition. The chamber later confirmed 131 members present and proceeded to third reading bills.
Several bills were passed without opposition, including House Bill 7, authorizing limited music therapy licenses; House Bill 42, revising the State Board of Massage Therapy Examiners; House Bill 164, on yard waste collection and disposal; and House Bill 177, on bicycles, play vehicles, and unicycles at crosswalks. House Bill 55, which would expand speed camera authority to local jurisdictions statewide for certain roads and areas, drew the most debate. Supporters argued it would give counties and municipalities local control to address speeding and safety concerns, while opponents raised concerns about local autonomy, revenue use, and whether camera fines supplement or supplant public safety funding. The floor leader clarified that the bill would extend authority now limited to three counties, that existing notice and public hearing requirements would remain, and that revenues must still be used for administrative costs and public safety.
During debate on House Bill 55, members asked about the speed threshold, fine structure, whether citations go to vehicle owners, and whether the bill would change how local governments use camera revenues. The floor leader said the bill itself does not alter the existing rule that revenues after administrative costs must go to public safety, and that local jurisdictions could still further restrict use of funds. After debate, House Bill 55 passed 98-35. House Bill 164 passed 96-38, while House Bill 7 passed 133-0 and House Bill 42 passed 132-0.
MN
Minnesota 2025 1st Special Session
Agriculture committee considers HF653 2/17/25
Transcript Highlights:
- key to help managing their stress on the job and preventing burnout ultimately, so stability and longevity
- Stability and longevity for these faculty members will keep the FBM program strong and preserve more
- Stability and longevity for these faculty members will keep the FBM program strong and preserve more
- Stability and longevity for these faculty members will keep the FBM program strong and preserve more
- Ultimately, stability and longevity for these faculty members will keep the FBM program strong and preserve
WI
Wisconsin 2026 1st Special Session
Assembly Committee on Environment May 12th, 2026
Assembly Committee on Environment
KY
Kentucky 2025 Regular Session
Capital Planning Advisory Board (5-21-25) part 2
Transcript Highlights:
- Above all else, we continue to prioritize the safety and longevity of our buildings.
- prioritize the else, we continue to prioritize the safety<00:04:00.080>
and <00:04:00.400>longevity - safety and longevity of our buildings. safety and longevity of our buildings.
- <00:10:06.320>
Um, <00:10:06.720>in the longevity of that facility. - Um, in the longevity of that facility.
Summary:
The committee heard capital plan presentations from the Justice and Public Safety Cabinet, the Personnel Cabinet, and the School Facilities Construction Commission. The Justice Cabinet described its large portfolio of more than 900 facilities across the state and said decades of underfunded maintenance have created a backlog of repairs. Requested projects included a high-acuity mental health treatment facility for juvenile justice youth, two female detention centers to support the regional detention model, major corrections repairs and replacements, a new kitchen at Eastern Kentucky Correctional Complex, a new dormitory at the Kentucky Correctional Institute for Women, completion of a new Eastern Kentucky prison, DOCJT training facility upgrades in Richmond and Madisonville, State Police radio system replacement and post construction, a combined Frankfort headquarters/Post 12 facility, and expanded crime lab and storage capacity. When asked about the high cost of the EKCC kitchen project, staff said construction inside an operating facility raises costs and that building a new adjacent kitchen would be more economical in the long run. The panel also asked about Fish and Wildlife officers training at DOCJT; staff said they do and that the training is funded through the CLEFT fund. The Justice Cabinet also said the recently enacted Senate Bill 4’s AI inventory and registry requirements would be part of its enterprise application and AI inventory system work.
The Personnel Cabinet requested funding to replace CHRIS, the state’s human resources and payroll system, which supports payroll and benefits for about 48,000 employees and the Kentucky Employee Health Plan for roughly 192,000 members. Staff said the current SAP-based system went live in 2011, is approaching end of support in 2030, and has not received functionality enhancements since 2016. They said the replacement is estimated at $151 million, with most of the cost tied to professional services and software, and that the project would begin in July 2026, go live by July 2030, and require a stabilization period through 2032. In response to questions about outsourcing payroll or reusing existing systems, staff said the complexity of state HR, payroll, tax updates, and integrations with other agencies makes outsourcing or partial reuse impractical.
The School Facilities Construction Commission introduced its role in helping all 171 school districts address unmet facility needs, focusing on core school facilities such as roofs and elementary buildings rather than athletic projects. No votes or formal actions were taken during the excerpted discussion; the meeting consisted of presentations, explanations of requested projects, and member questions.
KY
Kentucky 2026 Regular Session
Senate Legislative Session Day 20 (2-4-26)
Kentucky Senate Floor Meeting
Transcript Highlights:
- And you have to respect the fact of longevity and the fact that people want to serve in these roles making
- And you have to respect the fact of longevity and the fact that people want to serve in these roles making
- And you have to respect the fact of longevity and the fact that people want to serve in these roles making
- And you have to respect the fact of longevity and the fact that people want to serve in these roles making
- And you have to respect the fact of longevity and the fact that people want to serve in these roles making
Summary:
The Kentucky Senate convened with an opening prayer and Pledge of Allegiance, then completed roll call, excused absent senators, and approved the journal from February 3, 2026. The chamber received second readings for Senate Bill 5 on Kentucky-grown agricultural product procurement and Senate Bill 73 on tallow-based cosmetic products, and heard committee reports advancing Senate Bill 18 with a committee substitute, along with Senate Bills 33, 85, and 132. The House also communicated passage of House Bill 1694 and requested concurrence. Senate Bill 162, relating to children, was introduced, and Senate Bill 34 was passed over while retaining its place on the calendar.
The Senate adopted Senate Citation 4 recognizing National School Counseling Week, with remarks emphasizing the role of school counselors in student academic and mental health support. The body also adopted Senate Resolution 71 honoring Dr. Samantha Shaver for her service as president of the Kentucky Dental Association; the sponsor and other members praised her leadership and oral health advocacy. Later, the Senate received a committee report posting Senate Bills 5, 12, and 73 to the regular orders and referring several bills to committees, including Senate Bills 129, 136, and 183 to Economic Development, Tourism, and Labor, Senate Bill 71 to Education, and Senate Bill 9 to State and Local Government.
Members made several co-sponsorship requests for bills including Senate Bills 9, 12, 33, 132, 143, 153, 154, 159, and 183. A lengthy floor statement from the Senator from Clay praised Senator McConnell’s long service and recent federal funding achievements for Kentucky, including education, transportation, defense, and economic development projects. The Senate also received a floor amendment to Senate Bill 33, introduced Senate Bill 163 on unemployment insurance and Senate Resolution 78 honoring the CSX Santa Train, and then adjourned until 2 p.m. on Thursday, February 5, 2026.
OK
Transcript Highlights:
- long does it last or is it a one time for 10 years or 5 years or have they Showed anything on the longevity
- I couldn't speak to the longevity or studies on longevity.
Keywords:
Oklahoma Health Care Authority, Medicaid, immigration verification, healthcare access, federal reporting, health care providers, auditing, patient rights, claims, protection from fraud, audit process, error correction, hospice care, physician determination, healthcare standards, symptom management, health information exchange, all-payer claims database, health care transparency, health care costs
TX
Bills:
HB4011, HB2680, HB4325, HB4327, HB4944, HB1761, HB4688, HB3453, HB40, HB1707, HB4749, HB2322, HB3647, HB4139, HB4081, HB2203, HB2100, HB4170, HB3104, HB4623, HB40
Keywords:
partition, heirs' property, real estate, co-ownership, family property, non-heir cotenant, right of first refusal, pilot services, liability limitation, maritime commerce, Matagorda Bay, Lavaca Bay, transportation code, maritime industry, civil liability, barratry, penalties, legal actions, damages, wrongful death
TX
Transcript Highlights:
- Longevity is quite a resource.
Bills:
HB4011, HB2680, HB4325, HB4327, HB4944, HB1761, HB4688, HB3453, HB40, HB1707, HB4749, HB2322, HB3647, HB4139, HB4081, HB2203, HB2100, HB4170, HB3104, HB4623, HB40
Keywords:
partition, heirs' property, real estate, co-ownership, family property, non-heir cotenant, right of first refusal, pilot services, liability limitation, maritime commerce, Matagorda Bay, Lavaca Bay, transportation code, maritime industry, civil liability, barratry, penalties, legal actions, damages, wrongful death
OK
Oklahoma 2026 Regular Session
Appr/Sub-Public Safety and Judiciary 2ND REVISED Jan 28th, 2026 at 09:00 am
Transcript Highlights:
- And we need those positions to have some longevity to them for the operation of the Court system.
- They might also be entitled to the annual longevity pay that state employees receive.
- Yes, secretary bailiffs have the regular state employee longevity.
- Court reporters' longevity is different, a little bit richer, but bailiffs have the same as any other
- You're saying within the Secretary Bailiffs there's not beyond again those longevity payments.
FL
Florida 2025 Regular Session
February 18, 2025 - 03:30 PM
Transcript Highlights:
- One of the advantages is that not only are they ensuring the safety and longevity of the condominium
- One of the advantages is that not only they're ensuring the safety and longevity of the condominium building
- remediate what other unqualified contractors have done, which just leads to double costs and loss of longevity
- remediate what other unqualified contractors have done, which just leads to double costs and loss of longevity
- Construction committee that is a little less difficult to upend and remove so that that can have longevity
Summary:
The committee held an informational hearing on condominiums, focusing on recent statutory changes, building safety, reserve studies, inspections, insurance, and related enforcement issues. Pete Dunbar, speaking for the Florida Bar’s Real Property, Probate and Trust Law Section, reviewed the evolution of Florida’s condominium law and recommended several refinements, including allowing boards to levy special assessments and borrow for post-inspection repairs, easing termination when repair costs exceed value, clarifying treatment of nonresidential condominiums, strengthening recall procedures, clarifying reserve and inspection standards, addressing conflicts of interest, improving electronic participation, and cleaning up notice and disclosure requirements. He also suggested revising insurance provisions so a third coverage option could be used more effectively.
Ron Liseca and engineer Mr. Noguera explained the milestone inspection and Structural Integrity Reserve Study (SERS) process, emphasizing that milestone inspections assess structural deterioration while SERS estimates long-term repair and reserve funding needs. They described the 25- and 30-year inspection timelines, the lack of a central statewide database, and the practical challenges of finding qualified professionals and educating associations. Secretary Melanie Griffin said DBPR oversees 27,750 condominium associations, has increased outreach and complaint resolution, and has seen a 39% increase in complaints this fiscal year. She reported that about 11,270 associations self-reported buildings three stories or higher, and that as of early February DBPR had received 4,096 SERS completion submissions after follow-up outreach, with a median reported SERS cost of $6,000, though she cautioned that much of the optional data is unreliable.
Emilio Rodriguez, a contractor, stressed the cost and capacity challenges facing associations and contractors, warning that some projects are delayed by board disputes, legal challenges, and a shortage of qualified labor, which can lead to higher assessments and repeated repairs. Members asked about enforcement, insurance availability, coastal deterioration, sinking and foundation issues, and private provider conflicts of interest. Witnesses generally supported more uniform standards, better local and state coordination, and possible tighter oversight of private providers, while cautioning against frequent statutory changes that could add confusion. In closing discussion, members highlighted the burden on older residents and fixed-income owners, the need to keep communities habitable, and the importance of clearer allocation of assessments and stronger board accountability.
NM
New Mexico 2025 Regular Session
IC - Public School Capital Outlay Oversight Task Sep 9th, 2025
Public School Capital Outlay Oversight Task Force
Transcript Highlights:
- Charters tend to have longer longevity and no elections? Mr. Chair, Mr.
- Rounds, I believe they would have longer longevity, yeah. Mr.
- that we talk about in the Superintendent's Association on the Coalition of Education Leaders is longevity—longevity
- of leadership, longevity of policy, and things like that.
- From a longevity standpoint, I will say our faculty retention rate is excellent.
KY
Kentucky 2025 Regular Session
Budget Review Subcommittee on Transportation (8-20-25)
Transcript Highlights:
- Uh, but also make sure that we have safety in mind and longevity in mind.
- Uh, but also make sure that we have safety in mind and longevity in mind.
- <00:55:01.280>
and have safety in mind and longevity and have safety in mind and longevity - and longevity<00:55:02.079>
in <00:55:02.240>mind. - Um with that with longevity in mind.
Keywords:
00:32 Call to Order and Roll Call
02:30 Road Fund Report
17:22 Approval of Minutes
18:07 High Growth Counties Projects
56:00 Adjournment, 958, all
Summary:
The Budget Review Subcommittee for Transportation met without a quorum at first, then later approved the July 15 minutes by voice vote after quorum was reached. The committee heard an update from the Transportation Cabinet on the road fund for FY 2024-25. Cabinet staff reported road fund revenue came in $38.5 million above the enacted estimate, with motor vehicle usage tax receipts setting an all-time high for the fifth straight year. Motor fuels tax revenue was below estimate and down from the prior year, while overall road fund collections totaled $1.86 billion, essentially flat year over year. Staff said the road fund ended FY25 with a $61.6 million surplus, which under the budget bill must be appropriated to state construction. Members discussed the gas tax formula, with Senator Higdon arguing it no longer works well because revenues fall when fuel prices fall, and the chair noting the committee may need to revisit the formula.
The committee then received an update on High Growth County projects in the 2024 highway plan. KYTC said $16 million in HGC authorizations had been made, nine projects already had construction funds authorized or were otherwise underway, 12 more were scheduled to be let by the end of 2025 with estimated construction costs above $250 million, and one additional project was expected to be awarded through alternative delivery. The cabinet said it anticipated authorizing the full $450 million appropriated by the General Assembly. Members praised the effort and emphasized the need to get projects to market before the next budget cycle.
Jason Sala of KYTC also explained why transportation projects take time, citing planning, design, right-of-way acquisition, and utility relocation as major steps that can delay delivery. He said these processes are complex and require coordination with property owners, utilities, consultants, contractors, and local governments. Eric Pelfrey then briefed the committee on professional and personal service contracts, saying they are used to expand cabinet capacity for design, inspections, right-of-way appraisal, safety, and related work. He reported that authorizations and payments for these contracts have trended upward over the past decade, and that the number of contracts has also increased. In response to questions, Pelfrey said design-build can speed some projects by overlapping steps, but it does not eliminate right-of-way or utility work when those are required; he said KYTC has been using alternative delivery more often, but project complexity still limits how quickly work can move.
MD
Transcript Highlights:
- tomorrow, Wednesday, we'll start at 10 o'clock, taking advantage of the pro forma with a briefing on longevity
- c><00:12:50.480>
a <00:12:50.639>briefing <00:12:51.040>on <00:12:51.440>longevity - proforma um with a briefing on longevity proforma um with a briefing on longevity ready<00:12:52.399
Summary:
The Maryland Senate convened with a quorum present and began the session with an invocation by Rabbi Ari Goldstein of Temple Beth Shalom, who urged senators to listen carefully, act with humility and integrity, and keep policy focused on real people and practical justice. His remarks were journalized without objection. The chamber also welcomed several guests, including a senior Girl Scout troop from Jefferson, family members of a senator, and visiting teachers, educators, and students from the College Board Foundation.
The main floor action was a resolution recognizing Korean-American Day and honoring the Korean Society of Maryland and the broader Korean American community for their contributions to Maryland and the nation. The sponsor highlighted the community’s history since the first Korean immigrants arrived in North America in 1903 and named several Korean American leaders present in the gallery. The resolution was read in full and adopted unanimously, with applause and thanks extended to the guests.
The Senate then handled first-reader bill introductions: Senate Bill 280, relating to state parks terminology in the Natural Resources/Education/Energy/Environment committees, and Senate Bill 281, the Metro Funding Modification Act of 2026, referred to Budget and Taxation. Leadership noted that the early weeks of session would be committee-heavy, with most bills going to standing committees rather than the floor. Committee chairs then gave scheduling updates, including truncated hearing formats due to bill volume, upcoming hearings on longevity, the AHEAD model and emergency department wait times, election law bills, controller briefings, and departmental hearings. The Senate adjourned without objection until Wednesday, January 21, for a 10:00 a.m. pro forma session.
KY
Kentucky 2025 Regular Session
Budget Review Subcommittee on Transportation (6-4-25)
Transcript Highlights:
- Um, we have had some where they're like, "This preservation mechanism will not extend the longevity of
- Or it might extend the longevity, but it won't change the load posting." Okay?
- 14:36.680>
the "What how is this going to impact the "What how is this going to impact the longevity - <00:14:38.520>
If <00:14:38.680>we <00:14:38.839>take longevity of this bridge - If we take longevity of this bridge?
Keywords:
00:05 Call to Order and Roll Call
01:55 Bridge Improvement Program
18:56 County Priority Projects Program
38:10 Transportation Alternative Program
51:47 Adjournment, 958, all
Summary:
The committee met for the first interim meeting of the 2025 Budget Review Committee on Transportation and heard from Bobby Jo Lewis, commissioner of Rural and Municipal Aid at the Kentucky Transportation Cabinet. She reviewed the new County City Bridge Improvement Program, created in the 2024 regular session, reporting that phases one and two are complete, 45 bridges have been funded so far, and about $18.45 million has been authorized. She said roughly $6.549 million remains for phase three in the current fiscal year, with about $26.445 million in bridge applications still pending. For fiscal year 2026, the program will again have $25 million and will use four application phases. She also described a training resource, Local Bridges 101, and said a new executive advisor, Greg Meredith, has been brought in to help with the bridge program.
Members asked how rollover applications would be handled, whether they would be re-evaluated with new applications, how the program would account for bridge longevity and load posting, and how isolated communities would be prioritized. Lewis said applicants not funded in FY25 would be contacted and could choose to roll their applications into FY26, and all applications would be evaluated together at the end of each phase. She said preservation projects are assessed for how much they extend a bridge’s life, and isolated community access bridges or closed bridges with no detour access receive priority. She also said the department aims for equitable distribution across regions and plans to produce a map showing where funds have been awarded.
Lewis then turned to the County Priority Projects Program and the Local Assistance Road Program established in House Bill 546 and related resolutions. She said the application cycle opened June 1 and closes October 1, with 106 memoranda of agreement being prepared for awards in House Joint Resolution 46. She described updated application and reporting forms, a scoring matrix, and a County City Pavement Evaluation Manual used to rate projects based on preservation of assets, average daily traffic, recent improvements, safety, cost, and district priority. She said projects must be rehabilitation projects designed to restore the original condition of the road, cannot exceed $500,000, and must use local match percentages tied to the economic development grant program formula. She also reported on funding status for prior road projects, including completed, partially completed, pending, and underrun amounts that may be reauthorized.
Committee members asked about photo documentation, online access to project materials, how to measure whether projects truly restore roads to original condition, and what happens when project costs exceed estimates. Lewis said the department is still working on how best to store and share the large volume of photos, and that projects are certified through district offices and local sign-off after completion. She said overages are the responsibility of the applicant because the state does not have additional money beyond the awarded amount. No formal votes were taken during the discussion.
MN
Minnesota 2025 1st Special Session
House Environment and Natural Resources Finance and Policy Committee 3/11/25
Environment and Natural Resources Finance and Policy
Transcript Highlights:
- is helping provide a solution<00:47:04.960>
for <00:47:05.160>the <00:47:05.400>longevity - of what is a solution for the longevity of what is a really<00:47:07.559>
pretty <00:47:07.880 - going to help provide for the longevity going to help provide for the longevity of<00:52:52.119>
- <00:57:51.200>
of <00:57:51.319>the <00:57:51.400>wolf viability and longevity - of the wolf viability and longevity of the wolf population<00:57:52.280>
in <00:57:52.640>
WA
Washington 2025-2026 Regular Session
Select Committee on Pension Policy Sep 16th, 2025
Select Committee on Pension Policy
Transcript Highlights:
- been on this committee for a long time, you might remember, we were phasing in the cost of a new longevity
- On the demographic side, there are risks that actual member behavior and longevity, or how long pension
- On the demographic side, there are risks that actual member behavior and longevity, or how long pension
- Furthermore, not everything is within our control, like broader market fluctuations and member longevity
- up once every six-year demographic experience study, where we look at member behavior, we look at longevity
Summary:
The committee approved the July minutes and then received an informational presentation from the Office of the State Actuary on the financial condition of the state retirement systems. The actuary reported that employer contribution rates are generally declining, helped by strong investment returns and reduced funding for PERS 1 and TERS 1, while funded ratios have continued to improve; on a combined basis the plans were reported at 100% funded in 2024, with open plans above 95% and legacy plans varying by system. The presentation also reviewed projected rates and funded ratios under current assumptions, noted that pension costs are taking a smaller share of the state general fund, and discussed risks from investment volatility, policy changes, and demographic experience. Committee members asked about savings from lower rates, deferred asset smoothing, and how Washington compares with other states.
The committee then considered the state actuary’s recommendation on long-term economic assumptions and adopted all four recommendations by roll call votes: inflation at 3.0%, general salary growth at 3.5%, membership growth for Plan 1 funding at 1.0%, and investment rate of return at 7.25%. The actuaries explained that the inflation and salary growth increases were driven largely by higher long-term inflation expectations, while the investment return recommendation matched the current statutory assumption. Members discussed the timing of the Pension Funding Council’s decision, the effect of tariffs and inflation uncertainty, and how assumption changes would affect future contribution rates and budgets, particularly for open plans.
Staff then gave an update on the LEOFF 1 study, explaining the difference between being “ahead of schedule” and truly overfunded, and summarizing responses received from DRS, the State Treasurer, and the State Investment Board on the merger and restatement proposals. DRS said both bills could be administered, though the merger bill’s COLA banking provision would be challenging until its new system is ready; the Treasurer urged caution, especially about the restatement bill and the use of one-time funds; and the Investment Board said removing assets from the trust would have some transaction costs but likely small impacts. The committee discussed whether to invite additional agencies and local government groups to testify, and staff said more responses, including from Ice Miller and the State Actuary, were expected for the October meeting.
Finally, the committee heard a briefing on PERS 1/TERS 1 COLA policy and related bills from the last session. Staff reviewed the committee’s prior ongoing COLA recommendation, the SCPP-endorsed bills that would have created a one-time 3% COLA followed by an ongoing COLA, the Senate merger bill, and a separate ad hoc COLA bill. Public testimony largely supported Plan 1 COLAs and stable contribution rates, while several speakers urged caution about transferring LEOFF 1 surplus assets or merging legacy plans, and others raised concerns about climate risk and the pension fund’s investments. No further committee action was taken on the COLA item during this portion of the meeting.
MN
Transcript Highlights:
- This issue has moved beyond tax equity to contributing to the longevity of an industry that remains in
- This issue has moved beyond tax equity to contributing to the longevity of an industry that remains in
- This issue has moved beyond tax equity to contributing to the longevity of an industry that remains in
- This issue has moved beyond tax equity to contributing to the longevity of an industry that remains in
- This issue has moved beyond tax equity to contributing to the longevity of an industry that remains in