Video & Transcript Research : 'Teachers' Retirement System'

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AL

Alabama 2026 Regular Session

Alabama Senate Finance and Taxation Education Committee Feb 11th, 2026

Finance and Taxation Education

Transcript Highlights:
  • ' Retirement System or the Teachers' Retirement System with a minimum of 25 years of service on the effective
  • ' Retirement System or the Teachers' Retirement System with a minimum of 25 years of service on the effective
  • ' Retirement System or the Teachers' Retirement System with a minimum of 25 years of service on the effective
  • ' Retirement System or the Teachers' Retirement System with a minimum of 25 years of service on the effective
  • Teachers' Retirement System with a minimum of 25 years of service on the effective date of this act
WY

Wyoming 2026 Regular Session

Senate Appropriations Committee, February 10, 2026

Appropriations

Transcript Highlights:
  • I think we do have that in our system. I think it's a calculation we could make.
  • and I think it goes outside of system and I think it goes outside of the<00:14:53.600><c> court</c><
  • system system using<00:31:15.640><c> technology</c> using technology using technology and<00:31:17.240
  • system system where<00:31:28.000><c> we</c><00:31:28.120><c> can</c><00:31:28.280><c> have</c> where
  • </c> with our contractors and work on systems with our contractors and work on systems where<00:31:43.680
OK

Oklahoma 2026 Regular Session

Joint Committee on Appropriations and Budget Apr 13th, 2026 at 04:30 pm

Joint Committee on Appropriations and Budget

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.
  • House Bill 4044 provides the funding for our current National Board certified teachers.
  • 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.
OK

Oklahoma 2026 Regular Session

Joint Committee on Appropriations and Budget 3rd Revised Apr 13th, 2026 at 04:30 pm

Joint Committee on Appropriations and Budget

Transcript Highlights:
  • So, if both provides a cost of living adjustment for our retired teachers and also provides for the elimination
  • Aside, there was the original concept of cost of living adjustment for teachers that have been retired
  • 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.
  • If the amount allocated to the teacher's retirement system is insufficient to meet what the credits that
OK

Oklahoma 2026 Regular Session

Joint Committee on Appropriations and Budget Apr 13th, 2026

Joint Committee on Appropriations and Budget

Transcript Highlights:
  • This one's 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.
  • House Bill 4044 provides the funding for our current National Board certified teachers.
  • adjustment for those retired more than 20 years.
Summary: The Joint Committee on Appropriations and Budget met to consider a long agenda of appropriations, retirement COLAs, revolving funds, and limits bills. Early actions included Senate Bill 1144 and Senate Bill 1145, which provided cost-of-living adjustments for retired teachers and OPRS retirees, respectively, and Senate Bill 1146, 1147, 1148, and 1149, which extended similar retirement benefit increases or a one-time stipend for law enforcement, firefighters, judges, and certain retired police and firefighters. The committee also advanced bills funding the Pardon and Parole Board, OSBI cybercrimes and fraud work, juvenile medication, and several agency limits bills for Health Care Authority, Health Department, Mental Health and Substance Abuse Services, and DHS. Members also heard and passed a series of education, public safety, and economic development measures, including funding for school security at the School for Science and Math and the Schools for the Blind and Deaf, support for National Board certified teachers, and appropriations for the Rural Health Transformation Program, the Decennial Census Revolving Fund, Task Force One, and the Oklahoma State Bureau of Investigation forensic center. Several bills created or expanded revolving funds and financing tools, including military readiness and aviation funds, a taxpayer endowment trust fund, water infrastructure loan and REAP-related measures, and a revised non-coal mining fee structure. The committee also approved a bill increasing court reporter pay and another reducing employer contributions to the retirement system after it reached over 100% funding. There was notable discussion on a $5 million film-related pilot program for sitcom production, with questions about the amount and certification requirements, and on a rural economic development package that included money for the state fairgrounds and a university energy plant, which drew objections over whether those projects fit the intended purpose of rural prep funds. Other debated items included a bill directing funds to the Oklahoma Dream Act/Trump accounts, a bill rejecting judicial pay increases recommended by the Board of Judicial Compensation, and a proposal to move $200 million from the stabilization fund into a new Taxpayer Endowment Trust Fund. Most measures were reported out with due pass votes, though several drew dissenting votes, including the film bill, the fairgrounds/economic development bill, the water projects bill, and the trust fund and judicial pay measures. The committee adjourned after completing the agenda.
AZ

Arizona 2026 Regular Session

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

Public Safety & Law Enforcement

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.
TX
Transcript Highlights:
  • . ...Fund in 2021 and the City of Austin Employee Retirement Fund in 2023.
  • I'm the Executive Director of the Austin Firefighters Retirement Fund.
  • 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
  • I am the president of the Austin Retired Firefighters Association.
Bills: SB771, SB2345, HB135, HB135
AL

Alabama 2026 Regular Session

Alabama House Ways and Means General Fund Committee Mar 18th, 2026

Ways and Means General Fund

Transcript Highlights:
  • It allows employees and teachers to purchase retirement credit from prior federal civil service.
  • So state already allows us to do this for a lot of retirement systems, including military and other state
  • retirement systems as well.
  • systems including military of retirement systems including military uh<00:30:17.039><c> other</c><00
  • </c><00:30:19.200><c> as</c> uh other state uh retirement systems as uh other state uh retirement systems
AL

Alabama 2025 Regular Session

Alabama House Montgomery County Legislation Committee Apr 15th, 2025

Montgomery County Legislation

Transcript Highlights:
  • The Montgomery County City Council is authorized to join the state retirement system, and it is also
  • We give them the option to give them retirement. We give them the option to take retirement.
Bills: HB424, SB286
OK

Oklahoma 2026 Regular Session

Retirement and Government Resources Apr 14th, 2026

Retirement and Government Resources

Transcript Highlights:
  • ' Retirement System of Oklahoma.
  • Of Trustees of the Teachers' Retirement System of Oklahoma.
  • ' Retirement System of Oklahoma.
  • Both these suggestions came from the Director of the Teacher Retirement System." Thank you, Mr.
  • Both these suggestions came from the Director of the Teacher Retirement System.
Summary: The Senate Committee on Retirement and Insurance met and first passed House Bill 3057, which removes obsolete statutorily required reports identified in a Loft review to streamline agency reporting requirements. Senator Kirt asked whether any agency functions were being eliminated, and Senator Rader said some reporting-related functions would no longer be required, citing the organized retail crime task force final report as an example. The bill passed 7-0. The committee then unanimously confirmed Marla Tharp to another four-year term on the Board of Trustees of the Teachers’ Retirement System of Oklahoma, with members discussing her service, the system’s unfunded liability, and her long career in school administration. After that, House Bill 3279 passed 9-0. That measure raises the conflict-of-interest certification threshold to contracts of $25,000 or more, bars involved officers or employees from taking jobs with the winning contractor for one year, and clarifies that another person may sign for a director. Senators asked how broadly the restriction applies and whether the change addressed existing loopholes. House Bill 4428 also passed, 7-2, after debate and amendment. The bill directs pension boards and proxy advisors to focus on pecuniary factors in investment and proxy voting decisions, while limiting reliance on non-pecuniary considerations unless they affect financial risk or return. Amendments added language requiring entities to be headquartered and operate in the United States and aligned the bill’s investment-purpose language with existing statute. Senator Kirt opposed the measure, arguing it could unduly limit long-term considerations and proxy voting. Finally, House Bill 3420 passed 8-0. Described as part of a bipartisan effort informed by the state auditor and Loft, it makes several changes to the Oklahoma Central Purchasing Act, including limiting pilot procurement testing to one year, removing flex benefit plan acquisitions from certain bidding exemptions, clarifying that professional services need not be bid, and posting sole-source and sole-brand reports on the OMES website instead of sending them to legislative leadership. Senators questioned several deletions and additions, and the author said the bill was intended to clean up procurement rules and reduce opportunities for waste or abuse.
LA

Louisiana 2026 Regular Session

Appropriations Apr 21st, 2026

Appropriations

Transcript Highlights:
  • House Bill 42 provides relative to a phased retirement program within the Teachers' Retirement System
  • Phased retirement is when someone becomes retirement eligible; oftentimes they keep working.
  • Our high school, elementary, those are all teachers involved because the title is that retirement for
  • teachers.
  • for a so-called voluntary system.
AL

Alabama 2025 Regular Session

Alabama House Jefferson County Legislation Committee Mar 5th, 2025

Jefferson County Legislation

Transcript Highlights:
  • This is a bill for the County Retirement System.
  • The retirement system is approximately 70% funded.
  • If you're a merit system employee, you're a mandatory contributor to the retirement system.
  • them mandatory contributors to the retirement system.
  • to the retirement system.
Bills: HB343, HB345
OK

Oklahoma 2026 Regular Session

Retirement and Government Resources Apr 14th, 2026 at 10:30 am

Retirement and Government Resources

Transcript Highlights:
  • The Senate Committee on Retirement and Assurance will come to order.
  • Retirement system of Oklahoma.
  • retirement system should she be confirmed, she will be succeeding herself for another four-year term
  • We have over 210,000 members of teacher retirement and approximately 50% of them are active.
  • system of Oklahoma.
AZ

Arizona 2026 Regular Session

02/02/2026 - Senate Finance

Finance

Transcript Highlights:
  • Just for everyone's awareness, our system is not really bringing up our request to speak.
  • Senate Bill 1292 specifies that prohibiting the Public Safety Personnel Retirement System from owning
  • Another is retirement, which... One of the issues is salary, obviously.
  • Another is retirement, which.
  • Tier 1 is a 20-year retirement. Tier 2 is a 25-year retirement.
OK

Oklahoma 2026 Regular Session

Retirement and Government Resources 2ND REVISED Apr 7th, 2026

Retirement and Government Resources

Transcript Highlights:
  • Get teacher retirement.
  • The teacher's retirement versus law enforcement's public safety retirement is a 20-year system.
  • But currently in the teacher's retirement system, there are 200 and, I think it was 33.
  • But currently in the teacher's retirement system, there are 200 and, I think it was 33.
  • Chairman, we have Ginger from the Oklahoma Police Pension and Retirement System here.
Summary: The Senate Committee on Retirement and Government Resources met with a quorum and first took up two executive nominations for Ben Lepak, one to serve as Secretary of State and one to serve in the governor’s cabinet. Lepak described the Secretary of State office’s work on business filings, recordkeeping, and initiative petitions, and said the office’s career staff handled those duties well. Senators asked about fairness in the initiative petition process and administrative rules; Lepak emphasized transparency and ministerial, nonpolitical administration. Both nominations advanced on 8-0 votes. The committee then considered several House bills tied largely to government transparency and purchasing oversight. House Bill 3415 would require state entities to report contracts and subcontractors, include performance metrics, publicly post contracts and assessments, and document consultant outcomes; it passed 8-0 despite concerns about a $2 million fiscal impact and added OMES workload. House Bill 3414 would require OMES to identify whether contracts are service-based and create a digital warehouse for intangible assets; it passed 6-0. House Bill 3310 would authorize OMES payment-procedure rules, require invoice legitimacy checks and a 60-day payment window, and create compliance reporting with possible budget recommendations for noncompliance; it passed 7-0 after questions about appeals and penalties. House Bill 3413, requiring agencies to include more detail on contractors and consultants in annual budget submissions, also passed 7-0. The committee also approved House Bill 2206, which moves new school resource officers into a law-enforcement retirement system rather than teacher retirement, with testimony that it would help recruit officers and would apply only to new hires; it passed 6-0. House Bill 3265, which expands who can make PTSD disability determinations for first responders to include psychologists and certain licensed mental health professionals, passed 7-0 after discussion of psychiatrist shortages and concerns about diagnostic standards. House Bill 4486, authorizing a Gold Star monument at the Capitol funded by private donations, passed 7-0. Finally, House Bill 1219, barring state agencies and schools from using state funds or resources to promote LGBTQ or Pride Month events or fly the Pride flag, generated extensive debate over its impact on outreach, public health, education, and LGBTQ Oklahomans; it passed 5-2 and the committee adjourned with notice of a larger agenda the following week.
TX

Texas 89th Regular

Pensions, Investments & Financial Services Apr 14th, 2025

Pensions, Investments & Financial Services

Transcript Highlights:
  • Members, in 2014, a new tier was established within the teacher retirement system that affected any member
  • approved retirement systems to another by amending the population.
  • 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.