Video & Transcript : 'retirement plans' :
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TX
Transcript Highlights:
- Members, retired teachers.
- Welcome retired teachers. As a retired teacher myself, I just want to say you have my heart.
- My great grandparents were retired teachers in Texas.
- I want to specifically welcome the Houston retired teachers, the Aldean retired teachers.
- Welcome retired teachers. My name is Joanda Jones and I am the granddaughter of a retired teacher.
TX
Transcript Highlights:
- Retired teachers, your recognition of Tim Lee and his support for your...
- Retired teachers, we salute you all. The chair recognizes Ms. Leo-Wilson.
- Welcome, retired teachers. As a retired teacher myself, I just want ...to say, you have my heart.
- Retired teachers, the Aldine retired teachers, the Spring Branch retired teachers. Thank you.
- Members, please join me in congratulating Diane Inslee on her well-earned retirement.
NM
New Mexico 2025 Regular Session
IC - Legislative Education Study Jun 26th, 2025
Transcript Highlights:
- I retired because I could. I put my time in, I was 60 years old, I decided to retire.
- Then I lived on retirement.
- and dropped another plan entirely.
- Chair, members of the committee, um, NMSA has HMO plans, so our plans are open access plans.
- So we decided to remove the plan, but with an HMO plan, we incur more costs than a PPO or an EPO plan
FL
Transcript Highlights:
- So not a direct driver in the plan. As well.
- going to reach an age where they could likely retire.
- And if, in survey after survey, you ask them where would they like to retire, where do they plan to retire
- Where would they like to retire? Where do they plan to retire?
- So there was a large affinity between baby boomers and retiring in Florida.
Committee:
Senate Appropriations
Summary:
The committee met to receive Amy Baker’s presentation on Florida’s long-range financial outlook for fiscal years 2026-27 through 2028-29. Baker said the forecast assumes continued but moderating economic growth, with Florida GDP slowing from recent highs, personal income remaining above average, wages continuing to rise faster than job growth, and population growth eventually slowing as the state approaches 2030 and the baby-boomer cohort fully ages into retirement. She also highlighted weakening housing and real-estate-related revenue, especially documentary stamp collections, along with low consumer sentiment as signs of caution in the outlook.
Baker explained that the state’s near-term general revenue picture improved largely because of legislative actions taken in the prior session, including contingency releases, reversions, and other budget adjustments, rather than from major new revenue growth. She said reserves remain strong at nearly $15 billion, or just under 30% of general revenue, with the budget stabilization fund at its constitutional maximum. The main spending pressures identified were critical needs and other high-priority needs, led by a new recurring transfer to the emergency preparedness and response fund and by Medicaid, where rising service costs and medical inflation—especially behavioral analysis costs in managed care—are driving higher expenditures despite lower caseloads and a slightly better federal match.
Members questioned the accuracy of the forecast, the Medicaid cost drivers, the treatment of the governor’s emergency fund, federal funding assumptions, and whether recent federal legislation was reflected in the numbers. Baker said the outlook assumes current federal funding paths continue, that the new federal tax/revenue law had not yet been fully incorporated because agencies were still reviewing it, and that the emergency fund line was calculated from recent appropriations without distinguishing specific uses. She also said the vetoed $750 million did not affect the budget stabilization fund because it reverted to unallocated general revenue. No bills were heard, no votes were taken, and the committee adjourned after the presentation and discussion.
MN
Minnesota 2025-2026 Regular Session
Minnesota House passes SF2884, the Minnesota State Retirement System pensions bill 5/19/25
Minnesota House Floor Meeting
Transcript Highlights:
- The people that work for our pension plans, St.
- The people that work for our pension plans, St.
- I just to thank the the pension plans.
- The people that work for our pension<00:26:53.520><c> plans</c> pension plans pension plans perah<00:
- </c><00:31:47.760><c> and</c> at 60 61 they they need to retire and at 60 61 they they need to retire
ID
Transcript Highlights:
- There's nothing that says they have to make sure they have a portable benefit plan.
- This could be a retired law enforcement officer that's now working in security.
- I also am worried one of the things that you can put it in is a retirement benefit.
- There's just a retirement account.
- There's just a retirement account.
Committee:
Senate Commerce and Human Resources
TX
Transcript Highlights:
- HB 4537 by Garen Worley into the service of retirement benefits playable to the employees retirement
- system of Texas Plan 2.
- HB 4802 by cook relating to certain benefits playable by the judicial retirement system the Texas plan
- one in the judicial retirement system of Texas plan to for the committee on pensions investments and
- HB 5015 by Garen ruling the participation of certain retirement systems and their proportionate retirement
Keywords:
property tax, ad valorem tax, tangible personal property, income-producing property, business personal property, tax exemption, local government finance, appraisal district, chief appraiser, rendition statement, property tax relief, small business, commercial property, leased property, related business entity, unified business enterprise, tax situs, Texas Tax Code, local taxing unit, constitutional amendment
CA
California 2025-2026 Regular Session
Assembly Floor Session Jan 26th, 2026
California House Floor Meeting
Transcript Highlights:
- But the deferred retirement option plan, DROP, is the worst of the worst.
- Retirement age, and then we say, oh my, people are retiring early.
- we let you retire in place?
- But the deferred retirement option plan drop is the worst of the worst.
- So we set this absurdly low retirement rate age, and then we say, oh my, people are retiring early. retirement
ID
Idaho 2026 Regular Session
Agenda Jan 28th, 2026
Transcript Highlights:
- It also provides for a retirement bonus of $25,000 if a magistrate judge retires at the conclusion of
- for the retirement bonus.
- And so it's really up to the magistrates that are retiring to send it in.
- We're now down to $40,000, with the plan that it's going to decrease more.
- We're now down to $40,000, with the plan that it's going to decrease more.
Summary:
The Senate Finance and House Appropriations committee reviewed the Judicial Branch budget, beginning with the Court Operations division. Legislative staff outlined the branch’s structure, recent spending trends, technology upgrades funded with ARPA dollars, and FY26/FY27 budget changes, including judicial compensation increases, added judges in several districts, and a late request for $800,700 from a dedicated fund to cover senior magistrate retirement and purchase-of-service costs. Court officials explained that the retirement request was driven by an unusual number of magistrate retirements announced too late to include in the original budget, and they also described the impact of declining federal support and the need to shift some treatment-court and technology costs to other funding sources. Members asked about the holdback, the court’s cloud and network modernization, the purpose of senior judge purchase-of-service payments, and the effect of treatment courts on public safety and incarceration; no vote was taken.
The committee then heard the Second Judicial District CASA/Guardian ad Litem request for $77,900 in general funds. The program said the money would support a trainer/recruiter/data supervisor position, required office and record space, annual financial review, and liability insurance, citing rural service needs, declining VOCA and grant funding, and the need to recruit and support volunteers across a large district. The executive director described the program’s statutory role in child protection cases and said fundraising now covers about 30% of the budget, taking time away from direct services. Members asked about the decline in VOCA funds, the number of children served, and examples of the program’s impact; the director gave a detailed success story about helping a family reunify. The hearing ended with no recorded appropriation action, and the chair adjourned the meeting until the next day.
MA
Massachusetts 2025-2026 Regular Session
Senate Session (Full Formal without Calendar) Jun 4th, 2026
Massachusetts Senate Floor Meeting
Transcript Highlights:
- Our teachers are enrolled in the Retirement Plus program, receive enhanced retirement calculations, Our
- If passed, teachers in the Retirement Plus program and the Boston Retirement System would be required
- This make-up amount could be paid through a payment plan or one lump sum and be paid to the retirement
- system prior to their retirement.
- , their family planning, their retirement planning.
AR
Transcript Highlights:
- What under that is in the pay plan? That just looks like grants disbursement, not pay plan.
- You have pay plan...
- for the retirement system.
- Retirement System.
- This is for the retirement system.
Committee:
All JBC-PEER REVIEW
WY
Transcript Highlights:
- The member share goes down a double digit, which means the plan is exponentially... ...means the plan
- So, I want to also talk a little bit about the retirement department. Retirement, as Mr.
- Hayes said, does Retirement, as Mr.
- Our guys that are close to retirement may be working longer than they'd planned.
- Let's get a game plan.
Committee:
Joint Appropriations
CA
California 2025-2026 Regular Session
Assembly Public Employment and Retirement Committee Jan 14th, 2026
Public Employment and Retirement
Transcript Highlights:
- A DROP program inherent with this bill will not financially burden the retirement plan.
- In fact, we have worked with the committee's... ...will not financially burden the retirement plan.
- I am here on behalf of our statewide association for county retirement plans, which is known as SACRS
- We represent 20 independent county retirement plans from L.A.
- plans are 100% externally managed.
Committee:
House Public Employment and Retirement
HI
Transcript Highlights:
- And secondly, professionally, um, I have actually overseen a retirement plan much, much smaller than
- And secondly, professionally, um, I have actually overseen a retirement plan much, much smaller than
- around retirement.
- As they get closer to retirement, are they able to come up with a retirement budget?
- around retirement.
Committee:
Senate Labor and Technology
Summary:
The Senate Committee on Labor and Technology met on March 6, 2026, and considered four gubernatorial nominations. For GM 690, Jesse Kola Dean was nominated for reappointment to the Hawaii Retirement Savings Board. Testimony from the Retirement Savings Board and the Department of Labor and Industrial Relations strongly supported Dean, citing his original membership on the board and his role in advancing implementation of the retirement savings program. Dean described his background and said the program was moving into implementation after the board approved the Connecticut consortium model; in response to questions, he said the main challenges had been finding an executive director and adapting the program from an original opt-in structure to the opt-out consortium model. The committee voted to recommend advise and consent.
For GM 634, Darlene Blakey was nominated to the board of trustees of the Employees' Retirement System. ERS and several individuals submitted support. Blakey, an executive vice president and chief lending officer at First Hawaiian Bank, said her banking and finance background and personal experience with her mother’s retirement benefits motivated her service. She told senators she had attended ERS meetings and was focused on improving retirees’ access to information, education, and retirement planning, and said she would recuse herself from matters involving First Hawaiian Bank because of a potential conflict of interest. The committee again voted to advise and consent.
The committee then considered GM 627 and GM 726, both nominations of Gina Anu Novo to the Hawaii Workforce Development Council for different terms. Written testimony from numerous supporters was read into the record. Novo, a longtime First Hawaiian Bank executive and current vice chair, described her experience building audit, compliance, human resources, and technology functions, and said she wanted to help strengthen workforce pathways, career development, retention, and outreach to youth and workers who do not pursue college. Senators asked about her plans to connect workforce development with education and financial literacy; she emphasized career pathing, training, and adapting to changing skills needs, including the role of technology and AI. The committee voted to recommend advise and consent on both nominations, and the meeting adjourned after all four nominations were approved by the committee.
NH
New Hampshire 2025 Regular Session
House Children and Family Law (01/21/2025)
Transcript Highlights:
- Military retirement pay is not an ERISA plan. It has no value.
- Military retirement pay is not an ERISA plan. It has no value.
- Military retirement pay is not an ERISA plan. It has no value.
- Military retirement pay is not an ERISA plan. It has no value.
- Military retirement pay is not an ERISA plan. It has no value.
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.
TX
Transcript Highlights:
- HB 4537 by guarant relating the services retirement benefits payable to the employee employees retirement
- HB 4802 by Cook relating to certain benefits payable by the judicial retirement System of the Texas Plan
- One and the Judicial Retirement System of Texas Plan Two part of the Committee on Pensions, Investments
- HG 4837 by NGlien the employee's contribution the retired teacher.
- HB 5015 by guar rolling the participation of certain retirement systems and the proportionate retirement
LA
Transcript Highlights:
- The question has become, for the employees that have retired, former employees that have retired or moved
- We're aware of plans where benefits were projected to be over $1,000 a month at retirement, and participants
- We're aware of plans where benefits were projected to be over $1,000 a month at retirement and participants
- These plans are put into place for two reasons, for the most part.
- Two main reasons are retention and retirement.
Committee:
House Insurance
WA
Washington 2025-2026 Regular Session
Senate Floor Session Mar 6th, 2026
Washington Senate Floor Meeting
Transcript Highlights:
- The members in the LEOFF 1 plan will receive all of the benefits.
- And what we are doing is terminating and restating the LEOFF 1 pension plan.
- It is currently the most overfunded public pension plan in the country.
- Public pension plan in the country: 77% of the funding has been state dollars going into the plan.
- So I think there is a need for us to do something on this overfunding and this plan.
Bills:
SB6061 , SB6234 , SB6176 , SB6335 , SB6047 , HB2235 , HB2464 , HB2619 , HB1376 , SB5808 , SB5949 , HB1347 , HB1759 , HB1983 , HB2120 , HB2264 , HB2338 , HB2385 , HB2495 , HB2521 , HB2604 , HB2610 , HB2675 , HB2426
Keywords:
tourism, self-supported assessment, funding, statewide promotion, economic development, sewage, grinder pumps, residential buildings, regulation, construction, vehicle registration, enforcement, renewal, transportation, state law, state commission, infrastructure, traffic safety, responsibilities, state capital projects
Summary:
The Senate considered Engrossed Second Substitute House Bill 2034, a measure to terminate and restate the LEOFF 1 pension plan and use surplus funds for other state purposes if federal approval is obtained. During debate, senators discussed whether the plan should remain funded at 110% or 120% of actuarial value, whether surplus dollars should instead go to transportation or the budget stabilization account, whether members should receive an additional distribution, and whether local governments should be reimbursed for retiree health care costs. Several amendments were offered: a Gildon amendment to raise the funding target to 120% failed; a technical Robinson amendment adding a date passed; Holy, King, Harris, Schessler, and Conway amendments addressing member distributions, transportation, budget stabilization, local government health care costs, and a reconstituted board distribution all failed; and Robinson’s amendment removing Climate Commitment Act repayment language passed. The Ways and Means striking amendment, as amended, was then adopted.
On final passage, supporters argued the bill was actuarially sound, had been reviewed by attorneys, actuaries, the State Investment Board, and the Department of Retirement Systems, and would allow use of excess funding for other state needs. Opponents warned it left too little in the pension fund, should dedicate surplus dollars only to one-time uses, and did not adequately reimburse cities and counties for retiree medical obligations. After debate, the Senate passed E2SHB 2034 by a vote of 25 yeas, 22 nays, with one absent and one excused.
Afterward, the Senate returned to Substitute House Bill 2178, which was also passed on final passage by a vote of 39 yeas and 9 nays, with one excused. The chamber then adjourned until the next scheduled meeting.
OK
Oklahoma 2026 Regular Session
Veterans and Military Affairs REVISED Feb 12th, 2026
Veterans and Military Affairs
Transcript Highlights:
- So when you retire out of the military, you get what's called a DD-214 or your retirement paperwork,
- Page seven, on the retirement time, why did y'all... Thank you.
- were able to take your Guard retirement at age 60.
- I fully support what we're trying to do on the retirement portion of it.
- And then we've seen some retirement changes to where they don't fund retirement the same way they used
Committee:
Senate Veterans and Military Affairs
Keywords:
military discharge, veterans, DD Form 214, confidentiality, grandchildren access, Oklahoma National Guard, education assistance, military benefits, dependents, CareerTech Assistance Act, burial grant, memorial headstone, eligibility requirements, funding, Oklahoma Department of Veterans Affairs, fiscal management, state law, veteran burial, burial assistance, indigent veterans
Summary:
The Veterans and Military Affairs Committee met and advanced several bills related to veterans records, National Guard benefits, burial honors, and veterans home operations. Senate Bill 2026 would allow grandchildren, with proof of lineage, to access a veteran’s DD-214 filed with a county clerk; it passed 9-0. Senate Bill 1376, amended to be named the CW5 Chris Rowe Act, would revise National Guard retirement and pay provisions, including a five-year Oklahoma Guard service minimum for retirement eligibility and language intended to ensure full-time Guard members are paid at their rank; despite concerns raised about the five-year threshold and out-of-state members, it passed 9-0. Senate Bill 1355 would create a program and funds to provide memorial headstones, markers, or medallions for eligible veterans and National Guard veterans; it also passed 9-0.
The committee then considered Senate Bill 2115, a broad measure affecting Oklahoma veterans homes and the Department of Veterans Affairs. The bill would allow more flexible hiring of part-time health care staff, create revolving funds for quicker purchasing of supplies, and exclude certain purchases from the state Purchasing Act. Members questioned the canceled warrant fund, the scope of the purchasing exemption, and how donations and federal funds would be handled. The author and ODVA representatives said the bill was still a work in progress and emphasized the need for flexibility and safeguards. The bill passed 9-0.
Finally, Senate Bill 1533, described as cleanup language for the Dignity and Burial Act, would change eligibility to require a veteran to have been a resident of Oklahoma rather than dying in the state. It also passed 9-0. Near the end of the meeting, Chair Stanley noted plans for another committee meeting the following week and Senator Peterson mentioned an upcoming floor substitute related to the Strategic Military Planning Commission sunset issue.
CA
California 2025-2026 Regular Session
Senate Labor, Public Employment and Retirement Committee Apr 22nd, 2026
Labor, Public Employment and Retirement
Transcript Highlights:
- Okay, Senate Committee on Retirement, Public Employment and Retirement will convene.
- Gabriel Tolson with the Planning and Conservation League in support.
- Gabriel Tolson with the Planning and Conservation League in support.
- Retirement savings are performing and where they're deployed.
- . attitude towards the people who are in the pension plan.
Summary:
The committee heard SB 921, which would create a tax credit to help agricultural employers offset overtime premium costs for farmworkers. Senator Grove and supporters, including farmworkers, the California Farm Bureau, and agricultural groups, argued the bill would restore lost hours and take-home pay after California’s agricultural overtime law reduced schedules. Opponents, including the California Federation of Labor Unions and CRLA Foundation, argued the proposal would subsidize employers with taxpayer dollars and undermine the principle that employers should pay overtime themselves. The bill was held in subcommittee until more members arrived.
The committee then took up SB 1083, a cleanup bill to the prior year’s school employee misconduct database law. The author and supporters said it would add due process protections for classified school employees, require an administrative law judge review before placement in the database, and improve notice and vetting rules for contractors and non-permanent staff. School employer groups and other opponents warned the bill could slow investigations and weaken child-safety protections. The committee approved the bill 3-0 and sent it to Senate Appropriations.
Members also considered SB 1089, which would require CalPERS health plans to cover GLP-1 medications and expand access through CalRX for chronic weight management and related health conditions. The author and supporters, including the American Diabetes Association and medical groups, said the drugs can prevent diabetes and improve health outcomes but remain unaffordable for many. Pharma representatives expressed concerns about the bill as drafted but said they were open to continued discussions. The bill passed 4-0 to Appropriations. The committee also approved the consent calendar 4-0.
Later, the committee heard SB 954, which would narrow and add guardrails to last year’s CEQA exemption for advanced manufacturing, including environmental review near disadvantaged communities and labor standards such as prevailing wage and skilled-and-trained workforce requirements. Labor, environmental, and community groups supported the bill as a cleanup of an overly broad exemption, while business and manufacturing groups opposed it, warning it would discourage investment and worsen California’s competitiveness. The bill passed 3-1 to Appropriations. Finally, SB 1299, a fire sprinkler fitter certification bill, was heard and passed 3-0 to Appropriations with support from the sprinkler fitters and building trades and no recorded opposition.