Transcript Highlights:

• And on top of, you know, raiding the rainy day account, I mean, we're raiding a pension fund.
• to sweep them into the general fund.
• from the pension plan.
• Well, I would say that using pension funds to balance the budget is a poor use of pension funds and,
• the face to the hardworking folks that are in the pension system.

Summary: House and Senate Republican leaders held a media availability focused on the final stretch of the legislative session, with most of the discussion centered on budget proposals, a proposed income tax on high earners, and several policy bills they oppose. They criticized the operating budget for relying on a new income tax, using one-time fund sweeps and pension-related financing, and drawing down the rainy day fund, while saying the capital budget was more bipartisan and the transportation budget had some positive emphasis on road preservation but still included concerns such as Public Works Trust Fund sweeps and ferry funding. A major topic was allegations that sign-ins on the income tax bill included duplicates or fraudulent entries. Republicans said they took the issue seriously, supported verification improvements, and argued that even after removing duplicates the bill still drew over 100,000 unique emails opposing it. They rejected claims that their side had manipulated the process and said the Legislature should fix the sign-in system, possibly with more IT safeguards, while also arguing the bill should lose its emergency clause so voters could weigh in through a referendum. Republicans also criticized bills they described as anti-police or anti-law-enforcement, including measures related to face coverings and sheriff qualifications, and they opposed a bill requiring arbitration before claims against the state or local governments can go to jury trial, saying broader tort reform is needed instead. They said the state’s liability problems stem from harm done in areas like juvenile rehabilitation and child welfare. On the budget side, they objected to cuts to Medicaid, child care, transitional kindergarten, rural school funding, and other programs, while also warning against using pension funds to balance the budget and against a proposed 75-year Sound Transit bond, which they called financially irresponsible. No votes were taken in this media availability.

Transcript Highlights:

• Grants are funded with federal funds, gifts, grants, and donations.
• funds would be deposited.
• It also removes all reference to the pension funding stabilization account, since that's being replaced
• It also removes all reference to the pension funding stabilization account, since that's being replaced
• Funding is included.

Bills: HB2675 , HB2249 , HB2120 , HB1069 , HB1983 , HB2431 , SB6006 , SB6297 , SB6351 , SB6353 , HB2521 , HB2091 , HB2104 , SB6355 , HB2254 , HB2385 , SB5808 , HB1796 , HB1376 , SB6260 , HB2353

Committee: Senate Ways & Means

Keywords: accounts, finance, business regulation, transparency, audits, HB 2249, Washington Technology Solutions, WaTech, civil service, classified service, exempt employees, state employment, state personnel, network security, cybersecurity, information technology, IT contracting, data center, systems integration, network engineering

Transcript Highlights:

• They were able to buy out that military pension and roll it into the Post Office's pension, and what
• pensions are.
• They were able to buy out that military pension and roll it into the Post Office's pension, and what
• pensions are.
• Federal Perkins funding Perkins funding Federal Perkins funding can<00:22:25.159><c> actually</c><00

Committee: Senate Taxes

Transcript Highlights:

• ><c> Head</c><00:04:17.519><c> Start,</c> legislation that funded Head Start, legislation that funded
• </c> for things like education or pensions. for things like education or pensions.
• We have named a landfill fund for you." She goes, "A landfill fund?" And she chuckled.
• that fund because it's mine now."
• </c> funds. Sometimes it all gets spent. funds. Sometimes it all gets spent.

Transcript Highlights:

• to take it from the permanent pension fund to fund this.
• It's not actually funding any current pension liability.
• to take it from the permanent pension fund to fund this.
• to take it from the permanent pension fund to fund this.
• to take it from the permanent pension fund to fund this.

Summary: The subcommittee met without a quorum and first heard from Kentucky Department of Education officials on career and technical education funding. KDE explained that House Bill 499 created a CTE funding formula using 60% weighted full-time equivalent enrollment and 40% incentives, but House Bill 6’s budget language excluded area technology centers (ATCs) from that supplemental funding. KDE requested approval of an additional budget request of $14,789,352 in each fiscal year 2027 and 2028 to include ATCs in the formula and hold local districts harmless. Officials said ATCs serve students from 117 of Kentucky’s 171 districts and argued the change would reduce funding disparities and better reflect the return on investment from CTE programs, citing growth in dual credit and work-based learning participation. Members asked whether the issue would need to be revisited each budget cycle. KDE responded that the problem could be fixed by removing the notwithstanding language from the budget bill, which they said would allow ATCs to be included under the existing statute. Representative Klein supported the request, saying the current clause could lead to stagnation and that the committee should help the program continue to grow. No vote was taken on the CTE item during the portion of the meeting provided. The committee then heard a presentation from PreK for All on expanding preschool access in Kentucky. Advocates said the state’s preschool program has been funded since 1990 and currently serves about 14,200 children at roughly $84 million per year, but that many working families still fall into a coverage gap. They proposed expanding eligibility to 250% of the federal poverty line, which they said would add about 9,600 children at a cost of $40 million in year two, after a planning year. The proposal also included regulatory flexibility for classrooms and partnerships with private child care providers and nonprofits, with speakers emphasizing child care deserts in some counties and citing research that early learning improves kindergarten readiness and later outcomes. No action or vote was taken on the preschool proposal in the transcript provided.

Transcript Highlights:

• don't use goes back to the fund.
• use goes back to the fund.
• use goes back to the fund.
• use goes back to the fund.
• Paul Teachers pensions.

Committee: Senate State and Local Government

Transcript Highlights:

• Therefore, SERA is the only 1937 Act county pension system that does not offer an automatic yearly pension
• People want to fund education. But there are limited funds.
• For some, they don't have consistent or ongoing funding; jobs that are grant-funded, like a literacy
• Jobs that are grant-funded, like a literacy coach or a homelessness assistant specialist, are funded
• Converting these roles to permanent positions shifts costs to the general fund, reducing available funds

Committee: House Public Employment and Retirement

Transcript Highlights:

• </c> under a a pension under a a pension that<00:14:52.560><c> it</c><00:14:52.800><c> wasn't</c><00:
• </c> and that that is in a pension system. and that that is in a pension system.
• </c> to to to fund this coverage. to to to fund this coverage. &gt;&gt; Okay. &gt;&gt; Okay.
• So, good commandments of pensions there. So, good deal. deal. deal.
• the state picks up the additional pension cost.

Summary: The committee heard testimony from Rep. Ashley Tacket Laferty on a bill to expand minimum hazardous-duty retirement and health benefits for certain public safety workers injured in the line of duty. She used a video and examples from Floyd County to describe officers and an emergency management director who were catastrophically injured but did not qualify for existing hazardous-duty coverage because their employers had enrolled them in non-hazardous retirement plans. The bill would provide a minimum benefit of 25% of pay, plus 10% for dependent children and limited health coverage, for eligible workers who cannot return to hazardous work. Laferty said the proposal would apply retroactively through a five-year window, estimated to affect a limited number of workers statewide, and would be funded by small increases in employer contribution rates. Committee members questioned how many former employees might qualify, how the bill interacts with the pension system, and who would pay the added cost. Discussion also noted that local governments choose whether to place employees in hazardous or non-hazardous coverage, largely based on cost. The sheriff’s association was present online in support, and no vote was taken. The committee then heard Rep. Daniel Gber present a revised bill allowing teachers and school district employees to use accumulated sick leave to observe religious holidays not already on the school calendar, if they provide a personal statement and sufficient advance notice. He said the measure is intended to address the rigid school calendar and the difficulty teachers face in observing non-school holidays without losing service credit toward retirement. He noted that the earlier version of the bill had allowed make-up work time, but the current draft is shorter and focused on sick leave use. He also referenced a supporting letter from a constituent who could not attend because of weather. The bill was presented for discussion only, with no committee action reported.

Transcript Highlights:

• </c> &gt;&gt; You're talking about the pension fund.
• And that's what a with a pension fund.
• TRS is a pension fund. Uh, in some ways it's like an insurance fund, you know, company.
• /c><01:59:28.800><c> ways</c> TRS is a pension fund uh in some ways TRS is a pension fund uh in some
• And so, same way it kind of works with the pension fund.

Summary: The meeting opened with a quorum call, the Pledge of Allegiance, a prayer, and approval of the prior meeting minutes. The first presentation was from Bo Craycraft of the Judicial Form Retirement System, who gave an update on investment performance, asset allocation, cash flow, and projected employer costs. He reported strong fiscal year 2025 investment results, with both the legislative and judicial retirement plans outperforming their actuarial assumed rates of return and benchmarks, driven largely by U.S. equity performance. He also noted the plans remained near their target asset allocation and continued to experience negative cash flow, though he said that was manageable in context of strong asset growth. Craycraft then discussed a recent experience study and actuarial assumption changes, especially a revised salary growth assumption and a higher cash balance interest credit rate. He said these changes increased projected employer costs, with contributions rising from about $700,000 to a projected $2 million in later years, though he expected the eventual 2025 valuation and investment gains to reduce that estimate. Members asked about mortality assumptions, the impact of the experience study on liabilities, and the sharp increase in the judicial plan’s projected employer cost. Craycraft explained that the increase was driven mainly by the updated assumptions and that no other major plan changes were involved. At the chair’s request, Craycraft also addressed the recent rise in Medicare Advantage premiums for the plan’s health coverage, saying the 2025 increase was largely tied to Part D changes and the Inflation Reduction Act and had been about 45%, but that future growth was expected to be under 5%. After his presentation, the committee moved to the Kentucky Public Pensions Authority update, where the next speaker began by saying the funds had exceeded actuarial assumed returns for the fiscal year.

Transcript Highlights:

• now</c> separate pensions it's one pension now separate pensions it's one pension now if<00:54:31.839
• fund.
• fund the general fund portion of that position.
• fund the general fund portion of that position.
• fund the general fund portion of that position.

Summary: The Division 2 Finance Committee work session focused primarily on House Bill 115 and a proposed amendment, 114H, which would carry over language from HB 2 into HB 115 and place limits on Education Freedom Accounts (EFAs). Representative Murray described the amendment as a way to keep the 350% federal poverty eligibility cap, require students to have attended a charter public school in grades K-12 for the preceding year before entering the voucher system, and add guardrails against universal eligibility. She argued the state was facing a severe budget crisis, that expanding EFAs would divert money from other programs, and that public testimony and local votes showed widespread opposition to expansion. She also cited a letter from former Finance chair Neil Kirk opposing expansion. Other members responded that the committee should not revisit policy already decided by the House, though some said the amendment was fair to discuss because of its fiscal implications and supported it on that basis. The discussion then broadened into a debate over the fiscal impact of universal vouchers and the reliability of enrollment and cost estimates. Representative Luno argued that prior EFA projections had relied on assumptions that could badly underestimate state exposure, pointing to Arizona as a cautionary example and saying New Hampshire should not expand the program without better analysis. Representative Papovich similarly warned that universal eligibility could create a large, unexpected cost, estimating a potential exposure of about $285 million based on school-age children not currently in public, charter, or EFA programs. In contrast, Representative Weyler said EFAs can save money because public school spending is already high and parents using EFAs still pay taxes and take on more responsibility for their children’s education. After discussion, Representative Murray moved to accept the amendment, and Representative Bean seconded it. There was some procedural clarification about voting on the original bill and the amendment. The transcript ends before a final recorded vote on the amendment or on HB 115 itself, though the committee had also been told it would likely reconsider several retained bills later in the week, including HB 129, HB 133, HB 671, and HB 781.

Transcript Highlights:

• This is the Senate Standing Committee on Civil Service and Pensions.
• Security Law in relation to the determination of salary base for members of the New York City Police Pension
• Fund.
• Retirement and Social Security Law in relation to permitting certain New York City correction and pension
• Fund.

Committee: Senate Civil Service And Pensions

Summary: The Senate Standing Committee on Civil Service and Pensions met on March 10, 2026, with a quorum present and 11 bills on the agenda. The committee chair noted that all measures were recommended to be referred to the Finance Committee. The bills largely concerned retirement and pension-related changes for public employees, including increased military service credit, retirement rules for 911 operators and dispatchers, salary base determinations for NYC police pension members, retired firefighters serving as fire science instructors, borrowing from accumulated contributions for certain NYC correction members, a cost-of-living-related benefit for Verrazzano Bridge toll employees, restoration of 20-year service credit for certain NYC correction officers and sanitation workers, death benefits for Orange County correction personnel, pension benefits for fire marshals with service beyond 25 years, prior service treatment for NYC Police Pension Fund members, and death benefits for certain retirement system beneficiaries. Members moved each bill without substantive debate, and each received unanimous support in the recorded vote tally of seven ayes, zero nays, and zero AWRs. Several bills were sponsored by Senator Jackson, who also participated in the motions on those measures. Senator Cooney arrived during the meeting and joined the committee proceedings. No opposition or amendments were recorded. At the conclusion of the agenda, all 11 bills were reported to the Finance Committee, and the chair adjourned the meeting after noting the completion of the committee’s third meeting of the 26th legislative session.

Transcript Highlights:

• the company's investment practices, the effect of those investment practices on this state's public pension
• investments, and any investment or potential investment of the state's public pension funds to further
• political ...in any investment or potential investment of the state's public pension funds to further
• the company's investment practices, the effect of those investment practices on the state's public pension
• or any investment or potential investment of this state's public pension funds to further political

Bills: SB312 , SB945 , SB946 , SB1367 , SB1861 , SB2044 , SB2337 , SB2403 , SB2819 , SJR54

Committee: Senate State Affairs

Summary: The Senate Committee on State Affairs was called to order and a roll call showed most members present, with one absent. The chair explained that the committee had arranged witnesses for a later meeting but had received responses from some parties declining to testify, prompting Senator Bettencourt to offer a written motion for subpoenas. The motion authorized the committee chair, under Senate Rule 11.20, to issue subpoenas to BlackRock, State Street, or other financial services companies affecting Texas public pension investments, along with their subsidiaries, affiliates, officers, employees, agents, or representatives. The subpoenas would require testimony and production of records concerning investment practices, the impact on Texas public pension funds, and any investments intended to further political or social causes. Members discussed the importance of obtaining testimony and the limited but necessary use of subpoena power. The committee then voted, with 10 ayes, no nays, and one absent, to adopt the motion. With no further business, the committee recessed until the call of the chair, planning to return after the local calendar.

Transcript Highlights:

• Colleen Her and I knew each other on pensions. And by the way, why am I big up pensions? My dad.
• Speaking of pensions, it hasn't always been rosy in the pensions world.
• You are a great player in the pensions<00:14:01.360><c> world.
• </c> pensions world. Stick with it, please. pensions world. Stick with it, please. Please. Please.
• <c> hasn't</c><00:14:07.240><c> always</c> Speaking of pensions, it hasn't always Speaking of pensions

Transcript Highlights:

• And on top of, you know, raiding the rainy day account, I mean, we're raiding a pension fund.
• to sweep them into the general fund.
• Well, I would say that using pension funds to balance the budget is a poor use...
• Pension funds to balance the budget is a poor use of pension funds and, as Representative Couture mentioned
• And so to say to pensioners we're going to use money that's in your pension system to balance our desires

Summary: House and Senate Republican leaders held a media availability focused on the final stretch of the legislative session, with repeated criticism of Democratic budget proposals and several policy bills. They said they were especially concerned about an environmental crimes bill they argued would impose excessive penalties for workplace mistakes, as well as bills they described as anti-law-enforcement, including measures related to police face coverings and sheriff qualifications. They also discussed a proposed income tax, calling it unconstitutional and urging that it be sent to referendum if it advances. A major topic was the operating, transportation, and capital budgets. Republicans said the operating budget relies on one-time fund sweeps, raids the rainy day fund and pension assets, and assumes future income-tax revenue while cutting Medicaid, child care, schools, and other services. They said the transportation budget has some positive emphasis on road preservation but criticized ferry funding and the proposed sweep of the Public Works Trust. On the capital budget, they were less specific and described it as generally bipartisan. The lawmakers also addressed reports of fraudulent or duplicate sign-ins on the income-tax bill, saying any abuse should be investigated but that many duplicate entries may have been accidental rather than malicious. They said the system should be improved with better verification, but maintained that more than 100,000 unique people had signed in opposition. Other issues discussed included opposition to using pension funds to balance the budget, criticism of a Sound Transit proposal for 75-year bonds, concerns about a bill requiring arbitration before lawsuits against the state or local governments, and objections to child care budget changes they said would hurt rural and property-poor communities without broader regulatory reform.

Transcript Highlights:

• Therefore, SERA is the only 1937 Act county pension system that does not offer an automatic yearly pension
• In the 18 years since, the last pension COLA In the 18 years since the last pension COLA was granted,
• People want to fund education. But there's limited funds.
• For some, they don't have consistent or ongoing funding, jobs that are grant funded, like a literacy
• They're funded through Jobs that are grant-funded, like a literacy coach or a homelessness assistant

Summary: The committee heard several bills related to public employment. AB 1601, by Assemblymember Rogers, would give Sonoma County flexibility to work with its retirement board and actuaries on a possible retiree cost-of-living adjustment; supporters said Sonoma is the only 1937 Act county system without an automatic COLA and that retirees have gone since 2008 without an increase, while no opposition testified. The bill passed on a do-pass vote and was placed on the floor. AB 1729, by Assemblymember Lee, would update state telework policy by requiring written telework plans, adding more structure before return-to-office decisions, and restoring public reporting on telework savings. Supporters, including SEIU Local 1000, the Association of California State Supervisors, and many state workers, argued telework improves productivity, reduces emissions and commute costs, and could save the state about $225 million annually; there was no opposition. The committee approved the bill 6-0 and re-referred it to Appropriations. AB 1630, by Assemblymember Colosa, would allow union representatives to invite bargaining-unit members to observe meet-and-confer sessions, including remotely, to increase transparency and engagement. UC and CSU opposed the measure, saying observer rules should be negotiated at the table and warning the bill lacked clear limits on the number of observers and could create logistical and security problems. The bill passed 5-0 with one member not voting and was sent to Appropriations. AB 1750, also by Assemblymember Colosa, would require school employees who exhaust sick leave and are absent due to illness or injury to receive full salary for an additional five months. CTA supported the bill as a needed safety net for teachers and classified staff, while school districts and administrators opposed it over cost, staffing, and student stability concerns, saying it could encourage longer absences and strain already tight budgets. The committee passed the bill 5-0 and sent it to Higher Education. AB 1896, by Assemblymember Gonzalez, would bar people who participated in immigration enforcement from holding California public employment, with supporters framing it as a response to ICE and Border Patrol actions and opponents warning it was overbroad and could exclude otherwise qualified applicants from law enforcement jobs; the bill passed 5-1 and was referred to Public Safety.

Transcript Highlights:

• </c> funds um from an accounting perspective. funds um from an accounting perspective.
• All four of the plans—pension and insurance, JRP, and LRP—had exceeded the 100% funding level.
• </c> health insurance and how it's uh funded. health insurance and how it's uh funded.
• </c> insurance trust reach 100% funding. insurance trust reach 100% funding.
• that fund viable?

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:

• Pensions of retirement boards. One's scratching their head wondering what they're doing here.
• funding schedules are, in the actuary's terms, de minimis or negligible.
• funding schedules are in the actuary's terms de minimis or negligible.
• I'm left without the pension I was led to expect, and an insecure picture of my retirement.
• She took money out of her account, the TIAA prep fund.

Committee: Joint Joint Committee on Public Service

Summary: The Joint Committee on Public Service heard testimony on a range of retirement-related bills, with several witnesses and advocates focusing on pension equity, veteran benefits, and recognition for public safety workers. Representative Dennis Gallagher and Mass Retirees supported legislation to increase the long-standing veterans’ bonus from $15 to $50 per year of service, up to $1,000 annually, and described it as a modest, overdue adjustment with minimal fiscal impact. Mass Retirees also backed bills to raise the minimum survivor allowance for public retirees and to address inequities in Option B and Option C survivor benefits for retirees whose pensions were calculated under older mortality tables. The committee also heard a personal bill from Representative Jim Arceiro and Nathan McKinnon seeking creditable service for McKinnon’s years in the Nevada higher education system, which he said should count toward his Massachusetts retirement. Another individual bill was presented by Roberta Wollins, supported by Senator Keenan, to remedy what she described as misleading retirement advice from UMass Boston that affected her ability to buy back prior service and made her retirement planning inaccurate. Senator Keenan and others framed both cases as unique fairness issues rather than broad policy changes. A large panel from police, fire, corrections, EMS, and related organizations testified in favor of a COVID-19 retirement credit proposal and a study bill, arguing that essential workers who reported in person throughout the pandemic should receive recognition and a time-based retirement credit. Witnesses described exposure risks, illness, deaths, staffing strain, and long-term effects from COVID-19, and several committee members voiced support and appreciation for their service. The hearing concluded with no votes taken on the bills and a motion to adjourn, which was approved.

Transcript Highlights:

• I'm new to the area of pensions. We'll never be with you. My name is Keith Adams.
• I'm new to the area of pensions.
• So we can study obviously the outcomes in terms of what they're receiving in terms of pension.
• And then in July, that should prep you to make a right recommendation to the Pension Funding Council.
• And then looking ahead to September, we'll provide you an update on what exactly the Pension Funding

Committee: Joint Select Committee on Pension Policy

Transcript Highlights:

• AB 1383 does not grant retroactive retirement benefit increases or pension holidays.
• It does not. ...retroactive retirement benefit increases or pension holidays.
• Instead, it will drive up pension costs.
• Sacrifices that brought our funded status from 62% up to 87%.
• Raising the cap on the pensionable salary is an issue.

Summary: The committee heard several bills focused on public employment, retirement, and recognition of cultural and public service issues. AB 569 would allow local governments and unions to negotiate supplemental pension contributions for certain employees; AB 989 would make California Native American Day an official paid state holiday; AB 268 would recognize Diwali as an official state holiday; AJR 3 would urge protection of Social Security, Medicare, and Medi-Cal from federal cuts; AB 1067 would require misconduct investigations to continue even if an employee retires during the process; AB 1510 made technical and conforming changes to state employee pay and benefits laws and to Santa Clara Valley Transportation Authority labor law; and AB 1233 would create a statewide database of classified school employee employment history and serious misconduct records. The committee also took up AB 1383, which would lower the retirement age for certain first responders and restore some bargaining rights over retirement benefits, drawing extensive testimony for and against. Supporters of the holiday bills emphasized long-overdue recognition of Native American and South Asian communities and the importance of honoring California’s diversity. Supporters of AJR 3 described the reliance of seniors, people with disabilities, and families on federal and state health and retirement programs, warning that cuts would cause serious harm. AB 1067 was presented as a way to prevent employees from retiring to avoid accountability, while AB 1233 was framed as a student-safety measure to help schools identify applicants with prior egregious misconduct. Opposition to AB 1233 focused on due process and the breadth of the misconduct records, and opposition to AB 1383 argued it would reverse PEPRA reforms, raise pension costs, and strain local budgets, while supporters said firefighters and other first responders face unique health and safety risks and deserve earlier retirement. Most bills were reported out of committee on unanimous or near-unanimous votes and placed on hold for add-ons or referral to Appropriations or another committee. AB 912 was taken up on the consent calendar and held; AB 569, AB 989, AB 268, AJR 3, AB 1067, and AB 1510 all advanced with do-pass recommendations and were placed on hold. AB 1233 was moved to the Committee on Education. AB 1383 drew the most extensive debate, with many witnesses in support and opposition, and committee members largely expressing support for first responders while also noting concerns about cost and pension policy.

Transcript Highlights:

• Decisions related to pensions, public safety, and transparency.
• For the City of Salinas, we have over $11.4 million that we pay annually into pensions.
• Those sacrifices brought our funded status from 62% up to 87%.
• Raising the cap on the pensionable salary is an issue.
• Raising the cap on the pensionable salary is an issue.

Committee: House Public Employment and Retirement

Summary: The Assembly Committee on Public Employment and Retirement heard several bills dealing with pensions, holidays, public employee accountability, and first responder retirement. AB 912 was taken up on the consent calendar and passed. AB 569, as amended, would allow local public employers and unions to negotiate contributions to supplemental defined benefit pension plans; the author and Teamsters said it would clarify existing PEPRA grandfathering rules, while labor supported it, and the bill passed to Appropriations. AB 989 would make California Native American Day a paid state holiday, with strong support from Native organizations and tribes and no opposition; the committee members spoke in favor and the bill passed. AB 268 would recognize Diwali as an official state holiday, also with broad support and no opposition, and it passed. AJR 3 urged protection of Social Security, Medicare, and Medi-Cal from federal cuts; retirees, caregivers, and health advocates testified in support, and the resolution passed. AB 1067 would require public employers to complete misconduct investigations even if an employee retires during the process; the author said it closes an accountability loophole, while opposition raised due process and family-retirement concerns, and the bill passed as amended. AB 1510 was presented as a cleanup bill making technical changes to state employee pay and benefits and Santa Clara Valley Transportation Authority labor law; it passed with support from AFSCME. The committee then heard AB 1233, which would create a statewide database of classified school employee positions and certain egregious misconduct records to help school employers screen applicants. School administrators and county school officials supported the bill as a student-safety tool, while classified employee groups raised concerns about fairness, due process, and the scope of misconduct covered; the author said the bill already focuses on serious sex and drug offenses involving children and was open to narrowing language. The bill passed to the Committee on Education. Finally, AB 1383, a major first responder retirement bill, drew extensive testimony. The author and firefighters argued that lowering the normal retirement age for public safety employees from 57 to 55 and restoring some bargaining flexibility would help recruitment, retention, and health, citing cancer and other job-related risks. Cities, counties, and local government associations opposed it, warning it would roll back PEPRA reforms, increase pension costs, and strain local budgets. Despite the opposition, committee members spoke strongly in favor of first responders and the bill passed to Appropriations. The committee then adjourned after all items were voted out.