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.

Transcript Highlights:

• These late or sometimes nonpayments are causing our smallest distillers to have to lay off employees,
• would open up in any way to other concerns in the industry with regard to our complex three-tier system
• open up in any way, uh, to other concerns in the industry with regard to our, our complex three-tier system
• broadly, the three-tier system, how it works and so on and so forth.
• is absolutely correct that we should have a broader discussion around what we do in the three-tier system

Bills: SB8, SB650, SB667, SB779, SB1349, SB1355, SB1378, SB1585, SB1721, SB2312

Keywords: immigration enforcement, ICE agreements, sheriff grants, law enforcement, county jail, federal immigration law, China, Chinese-affiliated entities, Chinese military companies, People's Republic of China, Chinese Communist Party, divestment, state pension funds, public retirement systems, Teacher Retirement System, Employees Retirement System, Permanent School Fund, Texas Comptroller, foreign investment, national security

Summary: The Senate Committee on State Affairs resumed consideration of several pending bills, first taking up Senate Bills 667, 1349, 1585, and 2312. After inviting testimony had already been heard, no members of the public came forward to testify on any of those measures, and the committee closed public testimony and left all four bills pending. The committee then heard Senate Bill 1355, which Senator Parker explained as a committee substitute aimed at helping Texas distillers recover unpaid invoices from wholesalers. The substitute would require distillers to invoice at the time of purchase, send a demand letter if payment terms are violated, and allow complaints to be filed with the Texas Alcoholic Beverage Commission, which could determine an appropriate penalty based on the facts. Natasha Dehart of Bent Distilling Company testified in support, describing serious cash-flow problems and unpaid invoices from a Texas wholesaler that had forced layoffs, late vendor payments, and operational strain. No one testified against the bill, and it was left pending. The committee also heard Senate Bill 1378, a narrowly tailored local bill for a Carrollton facility recently acquired by Sazerac that employs more than 1,000 Texans. Senator Parker said the bill would create a limited exemption to avoid forcing the company to shut down or move because of current permit restrictions, while preserving the three-tier system and preventing the company from selling wine to itself. A Texas Alcoholic Beverage Commission resource witness said the bill was drafted so it would not open the door to broader industry changes. Mason Moreland testified against the bill as filed, arguing it gave special treatment to one company and failed to address broader problems in the wine industry, including direct-to-consumer sales and permit issues. After questions from senators, public testimony closed and SB 1378 was left pending. The committee then recessed subject to the call of the chair.

Transcript Highlights:

• We speak directly with the Teacher Retirement System, and these numbers came from them.
• Members, this is a cost of Living adjustment for the public employees retirement system.
• I know a lot of retired firefighters and retired law enforcement and other public employees that have
• If the amount allocated to the teacher's retirement system is insufficient to meet what the credits that
• And when we looked at taking this funding away from this dedicated stream to state employee retirement

Bills: HB4030, HB4031, HB4032, HB4033, HB4034, HB4035, HB4036, HB4037, HB4038, HB4039, HB4040, HB4041, HB4042, HB4043, HB4044, HB4045, HB4046, HB4047, HB4048, HB4049, HB4050, HB4051, HB4052, HB4053, HB4054, HB4056, HB4057, HB4065, HB4067, HB4071, HB4072, SB1144, SB1145, SB1146, SB1147, SB1148, SB1149, SB1156, SB1157, SB1158, SB1159, SB1161, SB1162, SB1163, SB1164, SB1165, SB1166, SB1167, SB1174, SB1175, SB1176

Keywords: education funding, budget appropriations, public schools, teachers' retirement, early childhood education, aeronautics, infrastructure, funding, sustainability, Oklahoma, mining, operator fees, coal production, noncoal mining, department of mines, revenue, state budget, budgetary reform, financial legislation, fiscal accountability

Transcript Highlights:

• This one is for a teacher’s retirement system.
• For those who have been retired at least eight years as of June 30, there is a 3% increase.
• For those who have been retired at least 10 years, in the 10-year to 20-year range, it’s a 3% COLA.
• adjustment for those retired more than 20 years.
• COLA for retired judges: 3% for those with 10 to 20 years, and 6% for those over 20 years.

Bills: HB4030, HB4031, HB4032, HB4033, HB4034, HB4035, HB4036, HB4037, HB4038, HB4039, HB4040, HB4041, HB4042, HB4043, HB4044, HB4045, HB4046, HB4047, HB4048, HB4049, HB4050, HB4051, HB4052, HB4053, HB4054, HB4056, HB4057, HB4065, HB4067, HB4071, HB4072, SB1144, SB1145, SB1146, SB1147, SB1148, SB1149, SB1156, SB1157, SB1158, SB1159, SB1161, SB1162, SB1163, SB1164, SB1165, SB1166, SB1167, SB1174, SB1175, SB1176, HB4030, HB4031, HB4032, HB4033, HB4034, HB4035, HB4036, HB4037, HB4038, HB4039, HB4040, HB4041, HB4042, HB4043, HB4044, HB4045, HB4046, HB4047, HB4048, HB4049, HB4050, HB4051, HB4052, HB4053, HB4054, HB4056, HB4057, HB4065, HB4067, HB4071, HB4072, SB1144, SB1145, SB1146, SB1147, SB1148, SB1149, SB1156, SB1157, SB1158, SB1159, SB1161, SB1162, SB1163, SB1164, SB1165, SB1166, SB1167, SB1174, SB1175, SB1176

Keywords: education funding, budget appropriations, public schools, teachers' retirement, early childhood education, aeronautics, infrastructure, funding, sustainability, Oklahoma, mining, operator fees, coal production, noncoal mining, department of mines, revenue, state budget, budgetary reform, financial legislation, fiscal accountability

Transcript Highlights:

• So it would replace line 53 on page two with the following: wastewater treatment system except for any
• 40.800> two So, it would replace line 53 on page two with the following: wastewater treatment system
• In all but very rare occasions, relocations typically coincide with what we call system enhancement or

Bills: SB222, HB560, HB475, HB484, HB583, HB542, HB566

Keywords: medical clinic board, clinic board, hospital bankruptcy, Chapter 11, bankruptcy, debt restructuring, municipal indebtedness, municipal bankruptcy, health care provider, acute care hospital, lease property, board immunity, director liability, civil liability, healthcare finance, insolvency, debt readjustment, federal bankruptcy law, Alabama Code 11-58-5.2, library materials

Transcript Highlights:

• It's just simply a procedure to give state employees and retired state employees a cost of living increase

Bills: SB107, HB158, HB353, HB354, HB357, HB181, HB465, HB526

Keywords: SSUT, simplified sellers use tax, sales tax distribution, municipal revenue, municipal population, annexation, deannexation, incorporation, boundary change, federal census, decennial census, Department of Revenue, local government finance, revenue sharing, municipal boundaries, population recalculation, probate judge, Boundary and Annexation Survey, Alabama municipalities, HB158

Transcript Highlights:

• System with greater flexibility in determining employee contribution rates.
• helps ensure that the Texas Municipal Retirement System (TMRS) remains a viable and attractive system
• System from the employee.
• the employee's retirement system.
• It's a new tier established under the Texas Teachers Retirement System in 2014.

Bills: HB104, HB2434, HB2529, HB2688, HB3161, HB3486, HB3487, HB3745, HB4044, HB4226, HB4945, HB104

Keywords: Texas Future Fund, investment review board, economic stabilization, innovative technology, national defense, retirement, service credit, Employees Retirement System of Texas, employee benefits, pension reform, salary supplement, county judges, judicial functions, state law, government compensation, public retirement systems, municipality pensions, firefighters, police officers, retirement age

Transcript Highlights:

• Okay, this is a bill relative to the clerk of court's retirement system.
• State and statewide systems.
• Laura Sullivan, the attorney for the Assessor's Retirement System, at the table should there be any questions
• Non-recurring state money and state retirement system unfunded accrued liabilities? Baham.
• Non-reoccurring state money and state retirement system unfunded crew liabilities? Baham. Um.

Bills: SB25, SB250, HB22, HB27, HB33, HB47, HB233, HB290, HB308, HB324, HB382, HB533, HB559, HB575, HB980, HB1157, HB1207, HB1236, HCR45

Keywords: registrar of voters, parish registrar, chief deputy registrar, confidential assistant, election administration, elections, salary schedule, compensation, merit evaluation, population-based pay, census-based pay, Department of State, Secretary of State, State Board of Election Supervisors, redistricting, senate districts, Senate District 33, Senate District 34, Senate District 35, precincts

Keywords: KY LRC YouTube, https://www.youtube.com/watch?v=nJCB8qaMd0k, 2026-06-21T07:17:07+00:00, 2.2.24, Data collected via generic collector engine, Meeting Start: 00:00:14 Attendance Roll Call: 00:00:22 Investment, Cash Flow, and Legislative Update: Judicial Form Retirement System: 00:02:03 Kentucky Public Pensions Authority: 00:12:51 Teachers’ Retirement System: 00:36:25 Adjournment: 01:01:20, 958, all, 2.2.42, 2.1.47

Transcript Highlights:

• At companies with fewer than 10 employees, 78% of staffers lack access to a retirement plan, according
• the retirement savings gap for private sector employees, particularly those working for small businesses
• I go out of my mind if I retire. My idea of retirement... retire.
• employees.
• There has to be a pipeline for new employees. If people are able to retire, we create new pathways.

Bills: SB163, SB173, SB155, HB93, SB163, SB173, SB155, HB93

Keywords: State Auditor, property investigations, negligence, loss report, civil actions, Alabama Retirement Savings Program, state-facilitated retirement savings, auto-IRA, automatic enrollment, payroll deduction IRA, retirement savings access gap, private sector workers, small business retirement plan, portable retirement account, Roth IRA, traditional IRA, life-cycle fund, capital preservation fund, financial literacy, Department of Workforce

Transcript Highlights:

• What we want is real efficiencies and not a buddy system.
• Human nature's to get frustrated when there's no way to improve a system.
• retiring.
• The number of teachers that retire and get out of our system completely.
• So, there are six of these systems.

Bills: SB1415, SB1714, SB1962, SB26, SB172

Keywords: nondisclosure agreements, state employment, employee rights, transparency, government accountability, employee suggestions, cost savings, state agencies, incentives, performance awards, efficiency, Oklahoma Central Purchasing Act, state procurement, state purchasing, State Purchasing Director, Office of Management and Enterprise Services, OMES, exempt entities, purchasing exemptions, state contracts

Transcript Highlights:

• The Arizona State Retirement System administers a public pension program for qualified employees.
• Connolly to the Arizona State Retirement System. All right, Secretary, call the roll.
• For the record, Jessica Thomas, legislative liaison for the Arizona State Retirement System.
• For the record, Jessica Thomas, legislative liaison for the Arizona State Retirement System.
• If you as legislative liaison for the Arizona State Retirement System.

Bills: HB2089, HB2090, HB2092, HB2120, HB2138, HB2173, HB2273, HB2693, HB2786

Keywords: retirement benefits, 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, property tax exemption, disability, veterans, widows, income limits, Arizona Revised Statutes

Summary: The Senate Finance Committee met to consider several bills and two Arizona State Retirement System nominees. It first passed House Bill 2173, which allows taxpayers and tax officers to communicate electronically about proposed property tax corrections or claims, with an acknowledgement required when responses are sent electronically. The committee then recommended confirmation of Thomas J. Connolly and Charles Essex to the ASRS Board, both receiving unanimous or near-unanimous support after brief introductions and no substantive opposition. The committee next approved several ASRS-related bills: House Bill 2089 clarifies that the ASRS health insurance premium subsidy applies only when coverage is not already subsidized; House Bill 2090 changes the disability definition tied to long-term disability benefits by removing the requirement that the 24 months occur within a five-year period; and House Bill 2092 shifts the 30-day waiver window for certain members age 65 or older from the date of hire to the date they become eligible to participate. All three passed on largely party-line or near-unanimous votes. The committee also passed House Bill 2120, with a technical amendment, allowing Social Security Administration disability determination letters to be used to certify eligibility for the property tax exemption for persons with disabilities. House Bill 2693 drew the most debate. It revises Arizona’s bona fide association health plan and multiple employer welfare arrangement provisions to align with ERISA rather than the rescinded 2018 federal AHP rule, and an amendment added a feasibility study by the Arizona Department of Administration on state employee and school district health plans. Supporters argued the bill would expand affordable, voluntary coverage options for small businesses and increase buying power; opponents raised concerns about consumer protections, preexisting conditions, and the history of association health plans. The committee ultimately passed the bill as amended on a 5-1 vote. Later, the committee passed House Bill 2138, which clarifies that workers’ compensation coverage for firefighters traveling directly to or from work applies to state, municipal, fire district, and fire authority firefighters. It also passed House Bill 2273, a one-time $300 income tax rebate for certain Pinal County residents funded from remaining escrowed transportation-related monies; members discussed whether the remaining funds should instead be directed to roads, but the bill advanced on a 3-2 vote. Finally, House Bill 2786 passed unanimously, exempting rental income from required college textbooks from transaction privilege tax under the personal property rental classification.

Transcript Highlights:

• These late or sometimes non-payments are causing our smallest distillers, to have to lay off employees
• would open up in any way to other. concerns in the industry with regard to our complex three-tiered system
• I think that's a bigger opportunity down the road for Texas, obviously, to look at our system. broadly
• , the three-tier system, how it works, and so on and so forth.
• absolutely correct that we should have a broader discussion. around what we do in the three-tier system

Bills: SB8, SB650, SB667, SB779, SB1349, SB1355, SB1378, SB1585, SB1721, SB2312, SB 8

Keywords: immigration enforcement, ICE agreements, sheriff grants, law enforcement, county jail, federal immigration law, China, Chinese-affiliated entities, Chinese military companies, People's Republic of China, Chinese Communist Party, divestment, state pension funds, public retirement systems, Teacher Retirement System, Employees Retirement System, Permanent School Fund, Texas Comptroller, foreign investment, national security

Keywords: KY LRC YouTube, https://www.youtube.com/watch?v=N-Ln0ks-NS8, 2026-06-21T07:17:04+00:00, 2.2.24, Data collected via generic collector engine, Meeting Start: 00:00:00 Attendance Roll Call: 00:00:14 Judicial Form Retirement System Quarterly Update: 00:01:57 Kentucky Public Pensions Authority Quarterly Update: 00:13:54 Teacher’s Retirement System Quarterly Update: 00:44:40 Adjournment: 01:18:38, 958, all, 2.2.42, 2.1.47

Transcript Highlights:

• Retired state employees work as law enforcement officers or assistant district attorneys authorized.
• And so currently you can retire with 25 years.
• He's saying um retire with 25 years.
• Under the judicial judicial retirement Under the judicial judicial retirement fund<00:52:53.520>
• Replace on line 42 through 44 on page two with the following retirement allowance.

Bills: HB185, HB378, SB28, HB400, SB155, HB312, HB185, HB378, SB28, HB400, SB155, HB312

Keywords: appropriation, transportation, judicial system, funding, state budget, Pickens County, local act, vehicle tag fee, registration fee, issuance fee, motor vehicle registration, license plate, replacement tag, transfer tag, renewal fee, county revenue, earmarked funds, ambulance service, emergency medical services, EMS

Transcript Highlights:

• . ...Fund in 2021 and the City of Austin Employee Retirement Fund in 2023.
• I did pause. to make sure I say Austin Firefighters Retirement Fund.
• Both the Union and Retired Firefighters Association support this bill, and most active and retired Austin
• This model, already in place in both the Austin Police and City of Austin Employee Pension Systems, offers
• I am the president of the Austin Retired Firefighters Association.

Bills: SB771, SB2345, HB135, HB135

Keywords: diesel fuel tax, tax credit, auxiliary power units, power take-off equipment, refund, energy efficiency, firefighter retirement, municipal contributions, pension system, retirement benefits, funding ratios, sales tax exemption, exotic animals, game animals, agriculture, livestock, civil liability, motor vehicle, legal protection, removal

Transcript Highlights:

• We're here because our current retirement system for Tier 3 is just not working.
• The pension system is made up of three tiers. Tier 1 is a 20-year retirement.
• The pension system is made up of three tiers. Tier 1 is a 20-year retirement.
• It's a digital system.
• This system provides us the ability to do that through a digital system and provides accountability.

Bills: SB1161, SB1215, SB1270, SB1400, SB1537, SB1538, SB1580, SB1584, SB1627

Keywords: appropriation, public safety, Yuma County, funding exemption, family advocacy center, firefighters, occupational disease, workers compensation, cancer presumption, police officers, hazardous duty, SB1270, Arizona retirement system, public safety personnel, defined contribution plan, correctional officers, corrections officers, retirement contributions, supplemental contributions, retention incentive

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.

Bills: HB187, HB98, HB360, HB394, HB398, HB388, HB187, HB98, HB360, HB394, HB398, HB388

Keywords: school safety, emergency response, training, public safety, Alyssa's Law, law enforcement, scholarship, tuition assistance, dependent education, Alabama, blackout license plate, HB360, Second Amendment Sales Tax Holiday, sales tax holiday, firearms, guns, ammunition, bullets, primers, gun accessories

Transcript Highlights:

• This is a bill for the County Retirement System.
• The retirement system is approximately 70% funded.
• 2,500 retired employees.
• If you're a merit system employee, you're a mandatory contributor to the retirement system.
• service system or not, mandatory contributors to the retirement system.

Bills: HB343, HB345

Keywords: retirement system, mandatory membership, Jefferson County, employee contributions, civil service, special reserve deputy, emergency writ condition, Sheriff, law enforcement, property seizure, Alabama Peace Officers' Standards, 1136, house, all

Transcript Highlights:

• Just as a reminder, ALS is a nervous system disease that affects nerve cells in the brain and spinal

Bills: SB843, SB1733, SB1476, SB1237, SB1410, SB1894, SB1272, SB1204, SB1721, SB1725, SB1735, SB1337, SB1339, SB1461, SB1975, SB1450, SB1458, SB1232, SB1238, SB1325, SB1209, SB1362, SB2072, SB1451, SB1540, SB1581, SB1535, SB1266, SB1927, SB1460, SB2084, SB2182, SB392, SB985, SB1265, SB1283, SB1441, SB1307, SB1425, SB1826, SB1365, SB1696, SB1870, SB1722, SB1639, SB715, SB716, SB182, SB609, SB169, SB134, SB1611, SB432, SB1407, SB2039, SB1356, SB1288, SB2019, SB1705, SB1878, SB2118

Keywords: school boards, educational governance, conflict of interest, employee relations, Oklahoma statutes, child abuse, reporting requirements, sexual misconduct, law enforcement, school personnel, confidentiality, student safety, land office, land exchange, investment, education funding, real estate management, Teachers' Bill of Rights, education, teachers' rights