Video & Transcript : 'pension fund' :
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MN
Minnesota 2025-2026 Regular Session
Committee on Judiciary and Public Safety - 02/05/25
Judiciary and Public Safety
Transcript Highlights:
- With regard to retirement in our pension, in the PERA Police and Fire Pension, we currently have those
- </c> with regard to retirement in our pension with regard to retirement in our pension in<00:05:01.919
- </c><00:05:04.039><c> we</c> in the parap police and fire pension we in the parap police and fire pension
- How funded are you in that fund to be able to raise the COLA, or do you need state money in order to
- </c><00:20:45.480><c> back</c><00:20:45.640><c> in</c> police and fire fund back in police and fire fund
Committee:
Senate Judiciary and Public Safety
WA
Washington 2025-2026 Regular Session
House Appropriations Feb 26th, 2026
Transcript Highlights:
- The Senate budget contains provisions that defer contributions for this by amending the pension funding
- The House recently passed a bill that would move $4 billion in pension money to the general fund.
- by funding this COLA.
- The Senate budget funds this bill at $6,000 general fund-state to OSPI.
- Vehicle Fund or the Capital Projects Fund.
Summary:
The House Appropriations Committee held a public hearing on a series of bills, beginning with House Bill 2689 on Working Connections Child Care. Staff explained that the proposed substitute would keep eligibility at 60% of state median income, eliminate scheduled expansions to 75% and 85%, reduce future subsidy rates from the 85th to the 75th percentile of market, end enhanced regional rates, and change reimbursement rules from prospective enrollment-based payments back to attendance-based payments with a reduced monthly payment after 11 absent days. Child care advocates thanked the committee for removing the proposed cap on the program but opposed the cuts to provider rates and eligibility expansions, warning of harm to families and providers. The committee then heard Engrossed Substitute Senate Bill 5124 on Medicaid network adequacy for post-acute care, with staff noting administrative costs and indeterminate fiscal effects; hospitals supported the bill as a way to reduce discharge delays and reliance on single-case agreements. Senate Bill 5832, which would raise the new motor vehicle arbitration fee from $3 to $6 to support the Lemon Law arbitration program, drew support from the Attorney General’s Office and auto dealers, who said the fee had not been updated since 1995 and the program was underfunded. The committee also heard Substitute Senate Bill 5862, providing a one-time 3% COLA for certain PERS 1 and TRS 1 retirees, with retirees testifying in favor and local government representatives warning about added employer costs.
The committee next heard Senate Bill 5922, allowing school districts to transfer money from the Transportation Vehicle Fund to other funds if they reduce their fleet and receive OSPI approval; staff said the bill would mainly add administrative work for OSPI, and no one testified. Substitute Senate Bill 5923 would allow a hospital on an island in Skagit County to qualify as a critical access hospital if federally certified; Island Health testified that the designation would help sustain rural services, and a committee member asked about bed count and Medicaid/charity-care pressures. Senate Bill 5944 would require language access providers to bargain over compensation for missed or canceled appointments and clarify that statutes prevail over conflicting contract terms; WFSE supported the bill, saying it would equalize bargaining rights across agencies. Substitute Senate Bill 5972 would extend interest arbitration rights to correctional employees in city and county jails regardless of population size; labor supported the bill as a retention tool, while cities and counties opposed it, arguing it would raise costs and should include ability-to-pay protections. The committee also heard Senate Bill 5988, authorizing the Department of Health to continue accrediting opioid treatment programs and charge accreditation fees, which DOH said was needed to avoid winding down the program.
Later, the committee heard Senate Bill 6151, which would move Ecology fee revenues for landfill methane emissions and laboratory accreditation into dedicated accounts; Ecology supported the bill as improving transparency and reinvesting fees into the programs, and staff said the lab fee shift would be offset by a related budget action. Engrossed Substitute Senate Bill 6194 would pay a rural hospital on a federally recognized Indian reservation, specifically Astria Toppenish, at 150% of the Medicaid fee-for-service rate beginning in 2027; hospital leaders and community members testified that the hospital serves a high-Medicaid, rural, and tribal population and faces persistent losses. Finally, Engrossed Substitute Senate Bill 6302 would direct L&I to investigate possible misclassification of independent contractors on public works projects involving multiple workers doing the same finishing work; labor and business representatives both described it as a negotiated compromise to address underground economy abuses. The committee took no final votes during the hearing and ended by reiterating amendment deadlines for bills scheduled for executive session.
NH
New Hampshire 2025 Regular Session
House Children and Family Law (01/21/2025)
Transcript Highlights:
- in the case of military pensions.
- in the case of military pensions.
- ><c> are</c> pensions military pensions included are pensions military pensions included are looked<03
- And mine's not even a pension.
- types of pensions.
Summary:
The meeting began with committee process reminders from the chair, including rules for questioning witnesses, time limits for testimony, and how motions and committee reports are handled. The chair also discussed the committee’s history, emphasized a cooperative approach with agencies and the Judiciary, and noted that a special committee on the Family Division of Circuit Court had previously done useful work; he said a new subcommittee could be appointed later to continue looking at judicial-system issues. He also mentioned that the Speaker’s office was expected to name members to the DHHS oversight committee by Friday at 1.
The substantive presentation was from the Department of Health and Human Services’ Bureau of Child Support Services. Attorney John Williams introduced the bureau team, and Bureau Chief Lisa Dekowski described the program’s mission: encouraging responsible parenting, family self-sufficiency, and child well-being by locating parents, establishing paternity, setting or modifying support orders, and enforcing court-ordered child and medical support. She said the bureau operates statewide under Title IV-D of the Social Security Act, works with courts, employers, and other partners, and serves both in-state and out-of-state cases, with some international and tribal coordination. She also cited program scale, saying the bureau dispersed about $76 million to families in New Hampshire in fiscal year 2023 and that most collections go directly to families.
Members asked about enforcement tools, especially passport denial. In response to a question about a case involving a very small shortfall, the bureau said the federal passport-denial threshold is $2,500 in arrears, not a few cents, and that denial remains in place until the balance is resolved or an arrangement is made with the agency, with hardship factors potentially considered. The bureau also explained that either parent can apply for services when a child support order exists and that the bureau can help initiate income withholding orders. No votes or formal actions were taken during this portion of the meeting.
KY
Kentucky 2025 Regular Session
House Standing Committee BR Sub. on Econ. Dev., Public Protection, Tourism, and Energy (2-19-25)
Transcript Highlights:
- Sports wagering revenue deposited $34.4 million in the pension fund and about $931,000 in the problem
- Those bring us to all-time totals of over $53.3 million to the pension fund and $1.48 million to the
- </c> million in the pension fund and about uh million in the pension fund and about uh 9 9 9 931000<00
- pension fund with another million in the pension fund with another 556<00:03:05.840><c> th000</c><00:
- </c> to the uh pension fund and 1.48 million to the uh pension fund and 1.48 million to<00:03:18.280>
Summary:
The subcommittee heard an update from the Kentucky Horse Racing and Gaming Corporation on sports wagering revenue allocations and problem gaming funding. KHRGC reported that in fiscal year 2024, about $34.4 million was deposited to the pension fund and about $931,000 to the problem gaming assistance fund; fiscal year 2025 to date, the totals were about $18.5 million and $556,000, respectively, bringing all-time problem gaming funding to about $1.48 million. Members also discussed wagering volume, with KHRGC stating Kentucky had about $3.5 billion in wagers from September 2023 through December 2024 and about $1.4 billion in fiscal year 2025 to date. KHRGC explained that it tracks the funds sent to CHFS and the self-exclusion list, but does not track the number of people seeking help or the outcomes of those calls.
The Division of Mental Health then described how the problem gambling assistance account is used. Patty Clark and Sarah Cooper said the fund supports education, counseling, public awareness, counselor certification, and treatment-related costs, with $50,000 reserved for administrative expenses. They said the department has spent the last 18 months establishing criteria, funding standards, performance measures, monitoring, and application procedures, and that it issued notices of funding opportunity in October. They reported about 1.49 million in the fund through the end of January, with awards including support for the Kentucky Council on Problem Gambling conference, a public awareness campaign by Project Ricochet, and a youth-focused campaign by Shaunie Transformation Youth Coalition.
Testimony also focused on the scope of problem gambling in Kentucky and how the helpline works. The department said fewer than 10 clinicians in Kentucky are specifically certified in problem gambling, though all addiction clinicians can provide services, and estimated about 165,000 adults show problem gambling behaviors, with 47,000 to 64,000 potentially meeting criteria for a gambling disorder. They said helpline calls rose to about 3,240 in 2024, but only about 25% were from people seeking help, with most callers seeking information about online wagering. Members asked about anonymity, follow-up, co-occurring alcohol or drug issues, and whether the fund should reimburse Medicaid or directly cover treatment costs. The presenters said calls are anonymous, outcomes are not tracked unless callers follow up, and the program is currently focused on building provider capacity and targeted outreach rather than direct reimbursement or a statewide campaign.
MA
Massachusetts 2025-2026 Regular Session
Joint Committee on Public Service Jun 21st, 2026 at 01:00 pm
Joint Committee on Public Service
Transcript Highlights:
- As you see in the recent budget process, we get funding through the state and then funding federally
- for apparatus, for cancer screening... ...we get funding through the state and then funding federally
- Is it a funding issue? What is the delay?
- A funding issue or something else? Sure.
- It could be funding.
Committee:
Joint Joint Committee on Public Service
Summary:
The Joint Committee on Public Service held its fifth hearing of the 194th General Court on disability, line-of-duty, and health presumption bills. Committee members noted the hearing was livestreamed and accepted written testimony through June 16, 2025. The first panel, including the Massachusetts Coalition of Police, strongly supported H.2845, which would require restoration of sick, vacation, or personal time used while an injured officer or firefighter awaits a Chapter 41, Section 11F determination if the injury is later found work-related. Testimony said the current process often forces injured personnel to litigate to recover accrued time, and members described the bill as a fairness measure with no fiscal cost. Committee members asked about prior consideration and municipal positions, and one member shared a personal experience with a similar loss of accrued time.
A second major panel from the Professional Firefighters of Massachusetts and sponsoring legislators supported several firefighter-related bills: H.2918/S.1792 on mandatory insurance coverage for firefighter cancer screenings; H.2962/S.1818 on Commonwealth fire department parity for military-base and Massport firefighters, including injury coverage and presumptions; and H.2860/S.1851 on maintaining physical examination records. Testimony emphasized the high cancer risk in the fire service, the importance of early detection, and the need to extend municipal-level protections to state and Massport firefighters. Committee members expressed strong support, discussed PFAS-related gear replacement and funding, and noted that similar bills have been before the committee for multiple sessions.
The committee also heard H.4147, a retirement-related bill for a MassDOT employee seeking to transfer approximately five years of MBTA retirement contributions into the state system as a service buyback. The bill was described as having been filed in 2017 and reported favorably last session, but it stalled in Senate Ways and Means. Finally, Howard Levine testified remotely in support of a correctional officer disability pension bill, describing severe injuries from a 1990 inmate assault, multiple surgeries, early retirement, and a request to increase his pension to reflect a current lieutenant’s salary. No votes were taken during the hearing, and the meeting adjourned after testimony concluded.
MN
Transcript Highlights:
- industry, commerce, and human services and estimates a net fiscal impact of $50,000 in new general fund
- commerce assumes that 10 applications will be submitted annually, generating $25,000 in new general fund
- So again, that net fiscal impact is $50,000 total in new general fund revenue per biennium generated
- fund revenue per bienium.<00:02:28.000><c> Um,</c><00:02:28.319><c> for</c><00:02:28.560><c> DLI,</c
- </c> the capital investment and pension the capital investment and pension bills,<00:07:47.680><c> but
Bills:
SF1832
Committee:
Senate Finance
KY
Kentucky 2025 Regular Session
Senate Standing Committee on State & Local Government (3-12-25)
Transcript Highlights:
- The measure was vetted by the Public Pension Oversight Board during the past interim.
- </c> requested by the Kentucky public pension requested by the Kentucky public pension Authority<00:07
- </c> have an impact on system funding have an impact on system funding requirements<00:08:18.159><c>
- A lot of them have lost out on being active for their state funding.
- </c><00:13:56.920><c> that's</c> their uh for their state funding that's their uh for their state funding
Summary:
The Senate Standing Committee on State and Local Government considered several bills. House Bill 684, an elections “continuous improvement” measure, drew the most discussion. Rep. Jennifer Decker said it was based on issues identified during the 2024 election cycle and included changes to absentee voting for primary caregivers and other election administration updates. Senators focused on a committee substitute removing credit and debit cards as a second form of ID for provisional ballots; Decker said local election workers had reported people trying to use cards with no photo ID, and she did not want financial institutions determining voter eligibility. The bill also clarified that certain ballots could be issued by hand or by mail. It passed 9-1, with some members voting no or passing because they wanted more time to consider the ID change.
House Bill 71, requested by the Kentucky Public Pension Authority, would reorganize KPPA by creating an Office of Financial Management and moving the CFO into an executive director-level role. Testimony said the change was structural only, with no impact on system funding and minimal short-term costs. It passed unanimously, 11-0. House Bill 290, by Rep. Nick Wilson, would allow county law libraries to use funds for online legal research resources, computers, and internet-related equipment. Supporters said libraries had money but were limited to buying books; the bill passed unanimously, with the chair noting it would let libraries use existing funds more effectively.
House Bill 555, as amended by committee substitute, addressed audit and reporting requirements for small cities. Supporters from the Kentucky League of Cities and the Auditor’s Office said many small cities struggle to find certified CPAs, and the bill would raise the threshold for less frequent audits, expand the exemption threshold, allow the Auditor’s Office to contract to perform audits, and clarify that state-fund withholding for noncompliance would not apply to contractual or utility payments. It passed 10-1, and the title amendment was adopted. House Bill 160, with a committee substitute, would regulate manufactured housing and local zoning by establishing standards that supporters said were needed to prevent discrimination against modern manufactured homes. Several senators expressed concern about state interference in local zoning, while others supported the bill as a housing access measure; it passed 10-1. Finally, House Bill 455 would create a Unit of Election Investigations and Security in the Attorney General’s Office to handle election-crime allegation review, the voter fraud hotline, prosecutorial referrals, and legislative oversight. Supporters said it codified existing practices and would not require new funding, but opponents objected to placing the hotline in a partisan office. The bill passed 9-1 with one pass, and the committee adjourned after reporting favorable action on the bills.
MO
Missouri 2026 Regular Session
Elementary and Secondary Education Feb 25th, 2026
Elementary and Secondary Education
Transcript Highlights:
- It's a really high level of funding for any type of annuity-type pension system.
- Long term, this is actually not going to be harmful to the pension fund because you've got money going
- to. not going to be harmful to the pension fund because you've got money going in with no more accrued
- We are very fortunate to be well funded. PSRS is 89% funded.
- We believe we might be the only pension fund in the United States that has been able to hold contribution
Committee:
House Elementary and Secondary Education
Summary:
The committee met in executive session first and took up House Bill 3239, adopting a Hurlbert amendment that capped the program at $4 million and then adopting the House Committee Substitute. The substitute bill passed 11-7. The committee then combined House Bill 2913 and House Bill 3228 into one substitute; members discussed that it would not cover student teachers and was intended to start with the current scope and broaden later. The combined substitute passed unanimously, 19-0.
In open session, the committee heard House Bill 2195, which would create a Missouri Integrated Safe Driving Program to let DESE vet and distribute safe-driving lesson materials for voluntary use in existing courses starting in 2027-2028. Sponsor Representative Reedy said the bill is intended to improve teen driver safety without a fiscal note. Supporters included AAA Missouri, traffic-safety and motorcycle groups, MoDOT, and the Missouri Insurance Coalition, who cited teen crash and fatality data, the benefits of formal driver education, and the need to address distracted driving, traffic stops, and motorcycle awareness. No one testified in opposition.
The committee also heard House Bill 2502, which would clarify how records from closed nonpublic schools and charter schools are transferred and stored so students can later obtain transcripts and graduation records. The sponsor said the bill responds to missing records from closed schools and would direct records to the appropriate public district; a technical correction was noted to avoid including homeschool records. Missouri NEA supported the bill and suggested charter-school performance contracts include compliance expectations. The committee then heard House Bill 2396, which would allow retired teachers to return to PSRS-covered teaching jobs without a time limit, similar to existing critical-shortage provisions. The sponsor argued it would help districts, especially smaller ones, and could benefit teachers and students without harming the retirement system. PSRS/PEERS testified that the bill could raise contribution rates by an estimated 1.44% to 2.45% and raised concerns about behavior changes and IRS qualification issues; Missouri NEA and the Missouri State Teachers Association opposed the bill, saying it would not solve recruitment and retention problems and could damage the retirement system. The Missouri Retired Teachers Association testified for informational purposes, warning that the bill could prompt many eligible teachers to retire sooner.
CA
California 2025-2026 Regular Session
Assembly Public Employment and Retirement Committee Mar 18th, 2026
Transcript Highlights:
- Let's be clear: when we protect pensions, we protect working families.
- The state budget fell short of providing that new, unallocated, ongoing funding, and this then triggered
- Given the specific language both parties agreed to requiring funding levels, I also want to emphasize
- The CSU cannot commit to ongoing compensation increases without certainty regarding the state funding
- Spouse or a registered domestic partner to receive ongoing survivor pension benefits.
Summary:
The Assembly Committee on Public Employment and Retirement heard several labor and retirement bills. AB 1582 by Assembly Member Ortega would make it an unfair labor practice for a higher education employer to disregard or delay arbitration decisions involving contracting out, with make-whole relief including attorney fees and costs. Supporters from AFSCME and other labor groups said UC has repeatedly ignored arbitration outcomes on outsourcing disputes, while UC opposed the bill as an overbroad change that could create systemwide operational and financial risk. The committee passed the bill on a do-pass basis to Appropriations.
AB 1818 by Assembly Member Ortega would repeal an outdated HEERA provision that CSU has used to reopen bargaining when it claims state funding is insufficient. Teamsters and other labor supporters argued CSU has used the provision to avoid honoring negotiated raises, while CSU said the bill would limit its ability to manage compensation responsibly when state funding is uncertain. The committee also passed AB 1818 to Appropriations.
AB 1564 by Assembly Member Arreguín would make communications between an employee and union representative confidential in public employment matters. Labor supporters said the measure would protect trust in the representational relationship and codify existing PERB case law, while school, local government, county, city, and business groups warned it could hinder workplace investigations, including those involving student safety and harassment. The bill passed 7-0 to Appropriations. AB 1844 by Assembly Member Pacheco, placed on the consent calendar, would update Judges’ Retirement System 2 to allow non-spouse beneficiaries for survivor benefits and to extend access to survivor options for vested judges; it was approved unanimously, 7-0. After all items were taken up, the committee adjourned.
ID
Transcript Highlights:
- Also, the surviving spouse will receive a $75,000-a-year pension.
- Pension and the other part of the question, if you would ask it again.
- The objective is requiring the divestment of public pension dollars and university endowment funds from
- of Idaho, and it really caused a lot of work to be done for a particular fund because of some of the
- So have you talked to PERSI about this particular bill and the impacts it would have on the pension fund
Committee:
House Commerce and Human Resources
MO
Transcript Highlights:
- You get to decide how your funds are used.
- VA pension benefits, and other means-tested programs. You can own and control your account.
- You get to decide how your funds are used.
- , they do look at your assets when you have a pension.
- “If you’re applying for your pension and you have too much, you know, to be considered an asset, you
Committee:
House Veterans and Armed Forces
Summary:
The Committee on Veterans and Armed Forces met with a quorum and first took up House Bill 2771. Members adopted a House Committee amendment, then rolled it into a new substitute combining HB 2771 with HB 1993. The House Committee substitute for HB 2771 and HB 1993 was then voted do pass by a roll call of 21 ayes and 0 nos.
The committee also announced that another bill on the agenda would be held over until the following week at the request of Representative Roberts, who is working with the Missouri Veterans Commission and its director. No action was taken on that measure during this meeting.
The remainder of the meeting was a presentation on the MoABLE program by State Treasurer Vivek Malik and coordinator Yvonne Riedman. They explained that, under a federal change effective January 1, 2026, eligibility now extends to people whose disability began before age 46 rather than 26. They said the program helps disabled Missourians, including veterans, save and invest without affecting certain means-tested benefits, and that account funds can be used for qualified expenses such as housing, health care, education, transportation, and assistive technology. Committee members asked about veteran eligibility, asset limits, work status, account balances, and outreach efforts; Malik said enrollment has grown from under 2,000 to nearly 6,000 and that the office is promoting the program through veteran organizations and upcoming public service announcements.
MO
Transcript Highlights:
- You get to decide how your funds are used.
- VA pension benefits, and other means-tested programs. You can own and control your account.
- You get to decide how your funds are used.
- They do look at your assets when you have a pension.
- So if you’re applying for your pension and you have too much, you know, to be considered an asset, you
Committee:
House Veterans and Armed Forces
DE
Delaware 2025-2026 Regular Session
House Appropriations Committee Meeting Jun 23rd, 2026
Appropriations
Transcript Highlights:
- I speak in opposition to providing funding for this legislation.
- Senator Holoski, an act to amend Title 30 of the Delaware Code relating to exclusion of military pensions
- Right now, military retirees can subtract up to $12,500 of their pension income from their taxable income
- spouses have been in the military and both retired from the military, to have a $25,000 military pension
- Simple math, that's $700 million of federal funds brought by veterans every year to the state of Delaware
Committee:
House Appropriations
Summary:
The House Appropriations Committee met to hear several bills, with members repeatedly reminded to focus on fiscal impacts rather than policy merits. The committee first considered SB 9 on freshwater wetlands, which would combine tidal and non-tidal wetlands programs into one permitting framework; supporters said the bill resulted from a two-year consensus process and that the governor’s office and DENREC would absorb a significant share of the cost. Public testimony was largely supportive, emphasizing flood control and ecosystem services, though one speaker opposed the spending. The committee voted to release SB 9.
The committee then heard SB 278 on child care assistance, which would preauthorize summer camp for eligible school-age children and create a separate lower co-payment for half-day care. The sponsor and the YMCA of Delaware said the change would better align family co-pays with provider reimbursement and make before- and after-school care more affordable for working families. The committee also released SB 278, SB 168 on alcohol delivery for package stores, SB 120 on health insurance coverage for certain testing and treatment, and HB 4, a pilot program for artificial intelligence and extended reality in schools; HB 4 was described as having a near-$3 million fiscal note and a one-year implementation delay because it was not funded in the budget.
Later, the committee approved SB 219, which gradually increases the military pension income tax exclusion from $12,500 to $25,000 over three years and includes related joint-filing and residency changes. Supporters argued it would help attract and retain military retirees and bring federal dollars into the state. The committee also released SB 1, a major primary care reform bill that would increase primary care spending and implement hospital payment reforms, with projected long-term savings to the state employee health plan, and SB 325, which expands background checks and wrap-back monitoring for fire service personnel and adds an investigator position for the Fire Prevention Commission. In each case, public commenters and committee members generally supported the bills, and all were released from committee by recorded vote.
CA
Transcript Highlights:
- Public pension funds invest the retirement savings of workers, and those funds should be subject to clear
- The increasing turn to private equity investments by public pension funds is very understandable.
- The public markets have historically been the way that public pension funds invested.
- The Treasurer sits on both CalPERS and CalSTRS, as a unique view of our public pension funds.
- But these pension funds are looking to make the best investments possible.
Committee:
Senate Judiciary
Summary:
The committee heard several bills, with testimony largely focused on child safety, immigrant community transparency, agricultural land security, consumer protection, estate transfers, detention commissary pricing, and public works wage enforcement. SB 1234 would require fentanyl to be included in drug tests ordered by juvenile courts for parents or guardians in dependency cases; the author said it was a narrow child-safety measure, and there was no opposition. SB 1257 would require the Attorney General to publish annual reports on immigration enforcement incidents at designated safe locations; supporters said it would improve accountability and document fear in immigrant communities, while questions centered on how the data would be collected and concerns were raised about sanctuary policies. SB 1176 would bar foreign adversary entities from buying or controlling California agricultural land; supporters framed it as a national security measure, while committee members pressed the author on enforcement, who would verify buyers, and possible discriminatory application. The bill was moved on a 2-4 vote and placed on call after the author said he would work on clarifying responsibility and nondiscrimination concerns.
The committee also heard SB 1146, which would require clear disclosure when AI-generated or altered images, audio, or video are used in health-related advertisements depicting health care providers. The California Medical Association and California Dental Association supported the bill, saying it would curb deceptive deepfake ads and protect consumers; it passed unanimously, 7-0. SB 988 would restrict assignment of benefits in auto glass claims, require claim numbers and itemized estimates, and update repair disclosure rules to curb overbilling and steering; supporters said it would protect consumers and stabilize insurance costs, while independent glass shop concerns about steering and market concentration were discussed. The bill passed 7-0, with one member abstaining because of a conflict.
SB 1288, presented on behalf of Senator Laird, would require financial institutions to make good-faith efforts to notify beneficiaries of non-probate assets and would simplify access requirements, especially for nonprofits. Supporters described long delays and burdensome account-opening requirements; SIFMA and the California Bankers Association opposed the bill unless amended, citing conflicts with federal and industry obligations and concerns about retroactive burdens. The bill passed 8-0. SB 941 would cap commissary markups in private immigration detention facilities at 35% above vendor cost; supporters said detainees often pay excessive prices for basic necessities, and the bill passed 8-0. Finally, SB 909 would raise and index public works contractor fees and penalties and dedicate more penalty revenue to enforcement; labor supporters said stronger funding is needed to address wage theft and backlogs, while contractors warned of uncapped costs and reduced transparency. The discussion continued with questions about enforcement and whether stronger penalties or license restrictions would better deter repeat violators.
TX
Texas 89th Regular
Press Conference: Texas State Employees Pay Raise Jan 27th, 2025 at 11:01 am
Transcript Highlights:
- The vicious cycle of inadequate funding ends up costing us more as agencies turn to mandatory overtime
- It's very tough to manage on our state pensions that have not seen an increase since 2001-2002.
- I am fortunate that I retired in 2019; my pension is still below the poverty level for one person.
- , but I know fellow retirees whose pensions are a lot lower than that, and they are facing choices of
- Joan Barish: ...their pensions are stagnant. It's the same every month.
Keywords:
Texas state employees, retirees, compensation, House Bill 343, House Bill 247, Senator Sarah Eckhardt, Representative John Busey, cost of living, workforce, legislative session
Summary:
The committee meeting focused on critical issues facing Texas state employees and retirees, highlighting the need for increased compensation and improved benefits. Senator Sarah Eckhardt and Representative John Busey presented new legislation aimed at addressing these longstanding problems, including proposed House Bills 343 and 247, which seek a $10,000 across-the-board pay increase for state employees. Senator Eckhardt emphasized the growing wage gap between public sector jobs and private sector offerings, which has led to high turnover rates and the loss of institutional knowledge. Public testimonies underscored the urgency of the issue as retirees shared their struggles with stagnant pensions amidst rising living costs.
LA
Transcript Highlights:
- fund.
- The back deferred retirement option program in the Sheriffs' Pension and Relief Fund.
- Chair and members: we are a well-funded fund and we are not a state fund.
- Chair and members: we are a well-funded fund and we are not a state fund.
- I have to my left the executive director of our pension fund, Skip McGee, longtime servant.
Committee:
Senate Finance
Summary:
The Senate Finance Committee met with eight members present and deferred HB 127. It then considered a series of bills, most of which were reported favorably without opposition. HB 22 revised COLA rules for the clerks of court retirement system, allowing more frequent COLAs when the system is better funded; HB 324 made judicial stipends permanent and added future COLAs subject to available funding; HB 233 increased jury mileage reimbursement; HB 47 reorganized assessor retirement COLA statutes; HB 533 allowed St. Tammany Parish to transfer unused witness-fee account balances to the 22nd Judicial District Court; HB 980 adjusted eligibility for the Firemen’s Supplemental Pay Board; HCR 45 urged Congress to clarify ARPA deadlines for water projects; HB 559 increased court costs in the 4th Judicial District; HB 290 recreated the Department of Treasury and related entities in statute; and HB 382 addressed Joint Legislative Committee on the Budget review authority over Group Benefits plans. The committee also reported HB 1157 favorably, creating a financing bank mechanism for infrastructure projects, and HB 575 favorably, giving youth aging out of foster care preferred access to surplus state vehicles through the Louisiana Property Assistance Agency.
Several measures drew more discussion. HB 1236, dealing with pharmacy benefit managers and professional dispensing fees, prompted extensive testimony from the sponsor, the Legislative Fiscal Office, the Department of Insurance, independent pharmacies, and PBM representatives. Supporters said it clarifies and strengthens enforcement of existing PBM law and protects independent pharmacies; opponents argued the bill’s requirement that PBMs bear dispensing-fee costs would be difficult to implement and could raise premiums. The sponsor said he would work on amendments, including clarifying language and a delayed effective date, and the bill was nevertheless moved favorably. SB 25, on registrar of voters compensation, was amended to a revised pay structure and then reported favorably. HB 47 and HB 533 were also presented as funding and administrative cleanups for retirement and court-related accounts, with local support noted.
The committee also heard HB 233 on jury duty mileage reimbursement, which the sponsor said updates a 1961 rate and would be funded locally at an estimated average increase of about $4,000 per judicial district. HB 324 on judicial salaries was described as self-funded by the judiciary and subject to available funding, with no budget impact. HB 575 on foster youth transportation was presented as a non-appropriation measure aimed at helping youth aging out of foster care by giving them preferred access to surplus vehicles. HB 382, which concerns the Joint Legislative Committee on the Budget’s role in approving Group Benefits plans, was reported favorably with little discussion. The meeting ended after a motion to adjourn.
MO
Transcript Highlights:
- The Committee on Pensions will not go into executive session.
- We know that there are fewer teachers going into the profession, fewer people paying into these funds
- If you have a family member that is in this particular pension system, it's your call.
- If you have a family member that is in this particular pension system, it's your call.
- That will end the Committee on Pensions there. Thank you, everyone, for coming.
Committees:
House Pensions , House Local Government, Elections and Pensions
CA
California 2025-2026 Regular Session
Assembly Public Employment and Retirement Committee Apr 22nd, 2026
Transcript Highlights:
- Employees' retirement boards oversee complex public pension systems, often managing multi-billion-dollar
- I firmly believe in public pensions and much of the work that we do.
- that public servants receive those pensions after a long tenure.
- Keeping educators in CalSTRS is good for them, and it's good for the fund.
- And I'd like to thank Assembly Member McKinner for her commitment to protect our pensions.
Summary:
The Committee on Public Employment and Retirement heard several bills, beginning with AB 2483, which would create a permanent pathway for formerly incarcerated Cal Fire fire crew members to receive certification and pursue firefighting jobs after release. The author and supporters described incarcerated firefighters as highly trained workers who perform dangerous frontline fire suppression work but often leave without credentials or a clear hiring path. The chair strongly supported the bill, and there was no opposition.
The committee then considered AB 1619, which would raise trustee stipend limits for retirement board members from $100 to $320 per meeting for county retirement systems, CalSTRS, and CalPERS, subject to local approval. Supporters argued the current stipend is nearly 40 years old and no longer reflects the complexity and fiduciary responsibility of overseeing large pension systems, and that higher stipends could improve diversity and participation. The bill was passed on a 7-0 vote and sent to Appropriations. The committee also passed its cleanup bill, AB 2780, making technical and conforming changes to retirement laws, and AB 2519, which corrects an unintended consequence of prior CalSTRS legislation so certain charter school employees can remain eligible for CalSTRS membership; both bills advanced unanimously to Appropriations.
AB 2017, the California Eid State Holiday Act, was heard next. The bill would recognize Eid al-Fitr and Eid al-Adha in California and provide excused absences for students observing the holidays. Supporters, including Muslim students, educators, and advocacy organizations, said the measure would promote inclusion and help Muslim Californians feel seen and respected. Members spoke in favor, and the bill passed 7-0 to Appropriations. Finally, AB 2656 would require public employers to give employee organizations 45 days’ written notice before developing or using generative AI in represented job classifications. Supporters said the bill would ensure transparency and labor input, while county and special district groups raised concerns about scope and implementation but expressed willingness to keep working on the measure. It also passed 7-0 to Appropriations, and the meeting adjourned.
ND
North Dakota 2025-2026 Regular Session
Legislative Audit and Fiscal Review Committee Mar 24th, 2026
Transcript Highlights:
- Fiduciary funds present the pension and OPEB trust funds, as well as investment trust funds, private
- purpose trust funds, and custodial funds.
- The funding status reflects how much of the main system's pension benefits have already been funded versus
- The funding status reflects how much of the main system's pension benefits have already been funded versus
- Is there a Wonder Fund and an Angel Fund?
Summary:
The committee met to receive a series of audit presentations, beginning with the statewide Annual Comprehensive Financial Report (ACFR) for fiscal year 2025. The State Auditor’s Office and OMB reported a clean, unmodified opinion for the state, with strong financial results including a $40.6 billion net position, $30.99 billion in assets, $1.81 billion in liabilities, and continued Legacy Fund growth. OMB also explained the new GASB 101 compensated-absences reporting change and discussed pension-liability fluctuations tied to discount-rate assumptions and investment performance. Members asked about how the state compares to others and about the effect of short-term commodity price swings, and OMB said the report reflects actual fiscal-year results rather than forecasts.
The committee then heard the University System audit, which also received a clean opinion but included four findings: misreporting of Strategic Investment and Improvements Fund revenue, insufficient monitoring of service organizations at CTS, NDSU, and UND, improper bank reconciliations at Dakota College of Bottineau, Dickinson State, and Williston State, and investment/cash reconciliation problems at Bismarck State College related to bond proceeds. University officials agreed with the findings and said corrective actions were underway, including internal review of bank reconciliations. Members raised questions about NDSU’s use of certificates of deposit, and university staff explained that CDs are used to earn interest on funds being accumulated for future projects.
Several other audits were presented, most with clean opinions and no findings, including the State Auditor’s Office, Workforce Safety and Insurance, Housing Finance Agency, Housing Incentive Fund, Job Service North Dakota, the Retirement and Investment Office, PERS, the Center for Distance Education, the Commission on Legal Counsel for Indigents, the Ethics Commission, and the Office of Administrative Hearings. Notable exceptions included a State Fair Association audit with an adverse opinion on the foundation component unit because its financial statements were not available for audit, and a Securities Department performance audit finding that performance-based pay increases and bonuses were issued without required evaluations. The committee also discussed the State Auditor’s future needs, including more staff capacity, data analytics, cybersecurity reviews, possible subpoena authority, independent legal counsel, and whether some audits—such as the Ethics Commission and State Fair—should be handled by independent third parties or under different statutory arrangements.
MN
Minnesota 2025-2026 Regular Session
Conference Committee on SF1959 5/8/25
Transcript Highlights:
- </c><00:03:31.120><c> um</c> activities, base levels of funding. um activities, base levels of funding
- </c><00:04:35.360><c> at</c> operating adjustment that is funded at operating adjustment that is funded
- The former is funded at homes.
- </c><00:07:47.120><c> of</c> that, you'll see uh onetime funding of that, you'll see uh onetime funding
- This is for general fund program.