Video & Transcript Research : 'pension system'

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OK

Oklahoma 2026 Regular Session

Retirement and Government Resources REVISED Apr 21st, 2026 at 10:30 am

Retirement and Government Resources

Transcript Highlights:
  • the statute a policy of the state of Oklahoma emphasizing that we are looking specifically to our pension
  • I don't believe the difference in the definitions is material, but when you are a pension system and
  • funds and all the pensioners.
  • I mean, I'm just wondering if this implies that that pension holders pen pension beneficiaries can expect
  • Pension funds would say we're going to do business with you, but you must have a policy that aligns with
Bills: HB1170
AL

Alabama 2026 1st Special Session

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

Finance and Taxation Education

Transcript Highlights:
  • It's earned its place at the top system.
  • <00:14:17.240> demonstrate and child welfare systems demonstrate and child welfare systems
  • >> No, we don't mandate a school system structure a certain way.
  • >> No, we don't mandate a school system structure a certain way.
  • >> No, we don't mandate a school system structure a certain way.
OK

Oklahoma 2026 Regular Session

Senate Legislative Session Apr 14th, 2026 at 01:30 pm

Oklahoma Senate Floor Meeting

Transcript Highlights:
  • Member, Senate Bill 1149 is a bill regarding the police and fire pension systems to kind of recognize
  • They're in between the system.
  • It's a cost of $3.5 million to the police system and $5.8 million. to the fire system.
  • I absolutely said $3.5 million to the police system and $5.8 million to the fire system is the fiscal
  • This is a group when the fire The police and fire pension system was about to go broke, and the state
TX
Transcript Highlights:
  • Benefits are paid up front so that the pension fund is not negatively impacted.
  • I want to thank the head of the firefighters' pension system, Brett Besselman, whose leadership has been
  • I am the Chairman of the Houston Firefighters Pension System.
  • My name is Trey Coleman, Chairman of the Houston Police Officers Pension System, in support of the bill
  • It was that tiered system that was my legislation.
TX

Texas 89th Regular

State Affairs (Part II) Mar 17th, 2025

State Affairs

Transcript Highlights:
  • 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
  • and so forth, 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.
  • is absolutely correct that we should have a broader discussion around what we do in the three-tier system
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.
KY
Transcript Highlights:
  • regulation teachers retirement system regulation teachers retirement system 102 102 102 k11<00:25
  • construction and water treatment system construction and water treatment system requirements<01:
  • system overflow reservoir, as a public swimming or bathing beach.
  • sewage system including a sewage<01:11:46.760> system<01:11:47.239> overflow<01:11:48.000
  • > overflow sewage system overflow overflow sewage system overflow overflow Reservoir<01:11:49.560
Summary: The subcommittee met with a quorum, approved the minutes, and welcomed new members before taking up Council on Postsecondary Education regulations 13 KAR 2:120 and 13 KAR 2:130. The regulations, as amended by staff and agency amendments, update public university and KCTCS performance funding models to conform to 2024 Senate Bill 191 and the performance funding work group’s recommendations. Changes discussed included replacing the underrepresented minority metric with an underrepresented students metric defined as first-generation students, adding an adult learner metric, increasing the low-income degree premium, adjusting small-school and nonresident credit-hour weights, revising data aging and progression metrics, and adding STEM+H criteria in 13 KAR 2:120. Travis Pal of the Council on Postsecondary Education explained that the changes reflect the work group’s three-year review process and that the work group ultimately voted to define underrepresented students as first-generation students and to apply half-weighting between research and comprehensive universities for the new metric. Michael Frasier of the Kentucky Student Rights Coalition and Eastern Kentucky University student government opposed 13 KAR 2:120, arguing that the regulation improperly applies weights where the statute does not clearly authorize them and that the funding changes disadvantage comprehensive universities and vulnerable students. He asked the committee to find the regulation deficient or, alternatively, recommend legislative clarification and a revised fiscal analysis. Pal responded that weighting has been part of the model since 2017, that CPE was following the statute and work group recommendations, and that the model could be changed by future legislation. Members asked about the timing of the broader performance funding review, and Pal said the full model is reviewed every three years, with the next work group cycle beginning in 2026. No motion to find the regulation deficient was made, and the committee allowed the regulations to proceed to the committee of jurisdiction. The committee then approved a staff amendment to Teachers’ Retirement System regulations 102 KAR 1:195 and 102 KAR 1:340, which require annual reporting of accumulated sick leave, leave policies, and salary schedules to TRS and make technical changes to the final average salary calculation and related definitions.
TX
Transcript Highlights:
  • company cannot use the new permit structure to circumvent taxes in our three-tier alcohol distribution system
  • 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
MN

Minnesota 2025 1st Special Session

House State Government Finance and Policy Committee 2/20/25

State Government Finance and Policy

Transcript Highlights:
  • You have to know what to protect and how those systems interact with the environment.
  • Correct, this is the first time we've done an audit of their IT system.
  • Correct, this is the first time we've done an audit of their IT system.
  • up to this system.
  • when we look at Health Care Systems when we look at Health Care Systems we're<01:06:06.720> we're
Bills: HF1060, HF1062
OK
Transcript Highlights:
  • Those pension systems are whole enough already.
  • House and Hall of the Senate, an act relating to Oklahoma firefighters' pension and retirement system
  • an act relating to the Oklahoma Pension and Retirement System.
  • Senate, an act relating to the Oklahoma Pension and Retirement System. Will there be debate?
  • We want to see the pensions fully funded, so if you hit a 100% target, you'd have the best-funded systems
KY
Transcript Highlights:
  • <00:13:35.760> system<00:13:36.079> that<00:13:36.320> we're weakening a pension
  • system that we're weakening a pension system that we're diligently<00:13:37.600> working<00:13
  • pension. It's all one to me. pension. It's all one to me.
  • contributions to the system? contributions to the system?
  • system? system?
Summary: The Public Pension Oversight Board met on February 13 and approved the minutes after establishing a quorum. The committee then took up three pension-related bills, beginning with Rep. Callaway’s proposal to allow certain retired police officers with 15 to 19 years of service to be rehired by local law enforcement agencies. Callaway and Brandon Lincoln of the FOP said the bill is intended to help recruitment and retention, especially for departments facing staffing shortages, and emphasized that it would be optional and would not allow double-dipping. Committee members raised concerns that lowering the service threshold from 20 to 15 years could create an unfunded liability and weaken the pension system, and several members said they did not yet fully understand how the pension and insurance provisions would work. The sponsor said she was open to working on the bill, and the chair noted the committee would continue to examine it with help from KPA staff. The second bill, presented by Rep. Lewis with Brandon Lincoln and Jeff Taylor, addressed probationary employees in CS agencies, including firefighters and police officers. The bill would let certain former probationary employees purchase service credit for time spent in probation, and would extend line-of-duty death and disability protections to employees who are injured or killed during probationary service. Testimony said the measure is optional for employers, could be used as a recruitment tool, and would allow employees within six months of the probationary period to buy back the time themselves if they choose. Members generally supported the concept, noted a negligible fiscal note, and discussed whether current employees could buy back older probationary periods; the sponsor said the bill did not appear to allow that, though he was open to further discussion. Throughout both bills, members focused on whether the proposals would create new pension costs or liabilities and how they would interact with existing retirement tiers and contribution rules. Several members asked for clarification on whether rehired workers would contribute to the pension system, whether employers would pay normal cost or any contribution at all, and whether the bills would affect future retirement benefits. The sponsors and witnesses repeatedly said the measures were limited, optional, and intended to address staffing and fairness issues without changing the core retirement system, but the committee did not take final action on the bills during the discussion.
MN

Minnesota 2025-2026 Regular Session

House Fraud Prevention and State Agency Oversight Policy Committee 2/23/26

Fraud Prevention and State Agency Oversight Policy

Transcript Highlights:
  • There is claims editing in the system.
  • claims if they don't meet the requirements that are hard coded into that system.
  • Systems that allow us to do more proactive monitoring.
  • That appears to be a gap in the system right there. We just heard it right there.
  • We just heard it system right there. We just heard it right<00:41:39.800> there.
Bills: HF3542
MN

Minnesota 2025-2026 Regular Session

House Capital Investment Committee 3/13/25

Capital Investment

Transcript Highlights:
  • <00:04:31.639> creates and failing septic system creates and failing septic system creates
  • Thank you. of expanding the sewer system by adding of expanding the sewer system by adding 23<00:07:42.400
  • this creates an inequitable system this creates an inequitable system because<00:26:54.840> not
  • The pump system is older than that.
  • The pump system is older than that.
MN

Minnesota 2025-2026 Regular Session

Judiciary Committee Meeting - 2026-04-16

Judiciary Finance and Civil Law

Transcript Highlights:
  • Um and within the systems that we have.
  • And already have a home security system.
  • systems, I I think that is that's valid. systems, I I think that is that's valid.
  • There's no security systems in the past.
  • Um I'm not sure why system.
Bills: HF3874, HF962