Transcript Highlights:

• A Brown University study reviewed Medicare claims, which documented increased referrals to higher-priced
• This is part of a study that the department has been conducting.
• A groundbreaking 2014 study led by Dr.
• I thought it was an annual fee, but then they have to pay it repeatedly.
• Maybe there would be some kind of middle ground where this annual fee maybe gets paid once.

Bills: HF2779, HF1645, HF1885, HF1289, HF1534, HF2707, HF1675, HF3046

Keywords: health care transparency, ownership disclosure, control reporting, health care consolidation, private equity, management services organization, MSO, provider organization, health insurer, pharmacy benefit manager, hospital system, affiliate reporting, financial disclosure, public reporting, market concentration, horizontal consolidation, vertical consolidation, health care ownership, corporate practice, health care regulation

Transcript Highlights:

• We have additional information on research in the last section of the annual report.
• In 2021, the judicial branch began studying improper litigation and its impact The judicial branch began
• studying improper litigation and its impact on the court system.
• It typically does that annually in the fall. The opinion Came out in December.
• The reason for that, in part and significant part, is that every five to six years we do a study to look

Summary: The Judiciary Committee met with a quorum present and heard several Office of the State Courts Administrator presentations. Judge Mark Mahan discussed the impact of 2023’s HB 837 litigation reforms on court operations, explaining that the law’s changes to comparative negligence, filing deadlines, collateral source evidence, premises liability, bad faith claims, attorney’s fees, and offer-of-judgment rules triggered a major March 2023 civil filing surge. He described how filings tripled statewide, with especially large increases in auto negligence and premises liability cases, and outlined how circuits responded through active case management, added resources, and workflow changes. Members asked whether the bill’s immediate effective date contributed to the surge and whether clearance rates would normalize over time; Judge Mahan said the court system viewed its response as a success and expected rates to settle as the backlog is worked through. The committee then received a presentation on problem-solving courts from Jennifer Grandal and Judge Nina Richardson. Grandal reviewed Florida’s drug courts, mental health courts, veterans courts, dependency and early childhood courts, noting statewide best-practice standards, annual reporting requirements, funding sources, and data collection systems. Judge Richardson gave a local perspective on treatment courts, emphasizing that they address underlying mental health and substance use issues, rely on judicial supervision and sanctions as well as incentives, and help participants achieve recovery and avoid reoffending. She said the programs are accountable, transparent, and effective, and thanked the Legislature for continued support. Finally, Judge Rachel Nordby and Eric McClure outlined the judicial branch’s legislative agenda. Nordby summarized the Supreme Court workgroup’s recommendations to expand Florida’s vexatious litigant law, including broader coverage, fewer qualifying adverse cases, a longer lookback period, and a public records exemption for stricken defamatory or sham material. McClure then highlighted additional agenda items: modernizing the duty-judge statute, expanding senior management retirement eligibility, authorizing additional judgeships based on workload studies, removing the statutory cap on court-ordered nonbinding arbitration compensation, protecting appellate clerks’ personal information, allowing alternative authentication for certain judicial notarizations, and creating a hearsay exception for guardian ad litem reports and testimony. No votes were taken, and the committee adjourned after member introductions and staff introductions.

Transcript Highlights:

• Right now, people are redetermined on an annual basis.
• Specifically for us, this will be about $1.5 billion annually.
• And this, we expect to be an annual reduction as this kicks in.
• So we'll... to be an annual reduction as this kicks in.
• Several state boards turned to us and said, 'FSMB, would you study this for us?'

Summary: The committee first received an update on the effects of HR1 and related federal Medicaid and marketplace changes from Governor’s Office and Health Care Authority staff. Presenters said the most immediate coverage losses are expected in the individual market beginning in January, with premium increases and an estimated 80,000 people potentially unable to afford coverage. They warned that larger Medicaid impacts will follow over the next year and beyond, including tighter eligibility checks, work requirements, reduced retroactive coverage, limits on state-directed payments and provider taxes, new cost-sharing, and changes affecting certain non-citizen adults. They also said the state plans to seek a waiver or extension for work requirements and will continue to analyze impacts, including on rural providers and Planned Parenthood-related services. Members asked about the effect on nursing homes, rural hospitals, and how the state can help providers and enrollees navigate the new requirements; staff said timelines and a state-specific implementation chart are being developed. The committee then heard a report on the International Medical Graduate Work Group and Washington’s efforts to create pathways for internationally trained physicians. Testimony described the clinical experience license, the clinical evaluation assessment tool, grant funding for IMG support organizations, and a new hardship waiver process enacted this year. National presenters said many states have adopted similar pathways because of physician shortages, but Washington and Tennessee are among the few states that have actually issued licenses so far. They recommended clear guardrails, an employment offer before application, ECFMG certification, supervised practice, and data collection to avoid exploitation and protect patients. Members asked about state-to-state variation, retention of IMGs, and whether Washington should pursue dedicated residency or preceptorship options; presenters said the key next step is moving successful participants from supervised experience to a durable long-term license. The final topic was implementation of Washington’s Apple Health doula benefit and the statewide doula hub and referral system. Senator T’wina Nobles highlighted the state’s $3,500 per-birth Medicaid reimbursement rate for doulas and the importance of the hub for referrals, training, and billing. Health Care Authority staff said the benefit launched January 1, 2025, and covers prenatal intake, labor and delivery, postpartum visits, and telehealth-supported services. They reported 336 state-certified doulas, 134 enrolled in Apple Health, 287 unique clients served, and 641 claims paid so far. Testimony emphasized doulas’ role in improving birth outcomes, reducing unnecessary interventions, and addressing racial disparities in maternal health, while noting that implementation is still early and ongoing.

Transcript Highlights:

• The first Care Court annual report tells us that 56.4% of people in Care Court did not receive at least
• In January, right now, there's a study going on for a product, RETHA, that actually has three of the
• Medical study after medical study shows that when we make the switch to daylight saving time, heart Medical
• study after medical study shows that when we make the switch to daylight saving time, heart attacks,
• This is not beneficial for their health or their studies in school.

Keywords: 988, house, all

Summary: The Assembly Health Committee heard several bills focused on access to care, public health, and oversight. SB 989 would streamline Care Court referrals by allowing first responders to ask county behavioral health agencies to review and file petitions; supporters, including firefighters and mental health advocates, said it would reduce barriers, while opponents argued Care Court is coercive, costly, and not yet proven effective. SB 1089, as amended, would direct CalRx/HHS to help distribute GLP-1 medications more affordably; the author described personal experience with the drugs and supporters emphasized prevention and chronic disease management, while members asked about distribution, liability, and age limits. SB 1309 would eliminate cost sharing for medically necessary lung cancer follow-up care after abnormal screenings; cancer survivors and clinicians strongly supported it, while health plans and insurers opposed it, saying the bill could raise premiums and did not address low initial screening rates. The committee also heard SB 1284, which would require DHCS to publish an annual report identifying large employers with workers enrolled in Medi-Cal and estimating taxpayer costs; supporters framed it as transparency and corporate accountability, while the chair and others linked it to broader budget and fairness concerns. SCR 7, urging permanent standard time, was presented as a public health measure to reduce sleep disruption and related harms, and it passed with support from the California Medical Association. The committee also took up SB 995, which would create a statewide inspection and enforcement framework for large involuntary residential facilities, including private immigration detention centers and some youth facilities; supporters cited unsafe and inhumane conditions, while probation officials objected to overlap with existing oversight for secure youth treatment facilities. The committee approved the measures it heard, with roll calls showing SB 989, SB 1089, SB 1309, SB 1284, SCR 7, and SB 995 all advancing out of committee, along with consent items and add-on votes.

Transcript Highlights:

• Generally, at 5% SI, you're looking around for a family of four $61,000 annual income.
• So the last time the market rate study was done, I think we did two market rate studies in an affordability
• study in 2024.
• So, we're not opposed to having another rate study done and ensuring that what we're paying is market
• And child welfare just did a really comprehensive study on their workforce.

Keywords: 914, all

Transcript Highlights:

• AB 1482, Castillo, animal shelter study: hold in committee.
• AB 661, Lee, guaranteed income study: holding committee.
• AB 694, McKinnor, Cal/OSHA study: do pass out on an A roll call.
• AB 403, Ortega, Medi-Cal CCHW study: holding committee.
• AB 701, Ortega, solitary confinement study: holding committee.

Summary: The Assembly Appropriations Committee held its May 23, 2025 suspense hearing and opened by emphasizing the difficult budget environment, rising costs for constituents, and the need to make tough choices. The chair said many bills would be held, amended to reduce costs, or made two-year bills because the state could not afford broad program expansions this year. The committee also noted the agenda was organized alphabetically by author and that results would be posted later that day. The committee then acted on a large suspense file, taking up hundreds of Assembly bills across topics including housing, health care, education, labor, public safety, climate, water, transportation, elections, and technology. Many bills were held in committee, while many others were approved with cost-saving, clarifying, or author’s amendments. Examples included measures on CalABLE, Covered California enrollment, wildfire and insurance issues, reproductive health, school and college programs, prison and juvenile justice matters, AI and data privacy, and local government and utility regulation. Several bills were converted to two-year bills to continue discussion. Throughout the hearing, the committee repeatedly voted on bills by A roll call or B roll call, often with Republicans not voting on amended measures. Some bills were advanced with notable amendments, such as narrowing scope, removing appropriations, delaying implementation, or striking costly provisions. The committee also approved a number of committee bills and omnibus measures, including emergency management, judiciary, insurance, and water-related bills. At the end of the hearing, the chair stated that the committee had moved 435 bills to the Assembly floor, either as do pass or do pass as amended, and adjourned the meeting.

Transcript Highlights:

• This $850,000 proposal is funded by increasing daily and annual vehicle permits and license Fees.
• To increase the daily permit fees from $7 to $10 and the annual permit fee from $35 to $45.
• We are trying to use our movement studies and research to determine how these cases are just popping
• Sweden did a study and found that this, in fact, does not carry toxic levels.
• in the DHS study.

Transcript Highlights:

• As a matter of fact, studies show, national studies show, that there is an error with insurance networks
• As a matter of fact, studies show, national studies show, that there is an error with insurance networks
• I mean, we did a study.
• But I want you to look at a great study, a study in subsidies.
• See, in that pilot study, there was one case that really came to mind... ...pilot study, there was an

Summary: The House opened with prayer, a moment of silence for fallen Oviedo Officer Jimmy Serrano-Torres, the Pledge of Allegiance, and recognition of Chief Joseph Tuminelli as law enforcement officer of the day. The Rules and Ethics Committee report setting the special order calendar was adopted, and the Speaker announced schedule changes for the following week, including canceling the floor session on Monday and starting Tuesday at 10:30 a.m. The main floor action centered on CS/HB 7033, the House tax package. Sponsor Rep. Duggan described broad tax changes, including reducing the state sales tax rate from 6% to 5.25%, exempting certain bullion sales, repealing the aviation fuel tax, delaying the natural gas fuel tax, changing corporate income tax treatment for charitable trusts, reducing the pari-mutuel tax on card rooms, and major changes to tourist development tax (TDT) use. The bill would redirect most TDT revenue toward property tax relief, dissolve tourist development councils, and include related property tax and local tax administration changes. Several amendments were debated: a Driscoll amendment to preserve local TDT flexibility failed; Duggan’s amendment giving local governments 25% discretion over TDT revenues was adopted; Eskamani’s combined-reporting amendment failed; and a Duggan amendment requiring audit certification of compliance with the TDT/property tax relief provisions was adopted. After debate, CS/HB 7033 passed 78-29. The House then took up CS/CS/HB 1221 on local option taxes, which was presented as a companion-style measure to give local governments more flexibility while redirecting TDT revenues toward property tax relief. Supporters argued the bill would provide immediate relief to property owners and restore accountability in local tax use, while opponents warned it would undermine tourism funding, infrastructure, and local services. An amendment allowing local governments to retain 25% of TDT revenues for general purposes was adopted, and the bill passed 62-45 after floor debate. The final item shown was the reading of CS/CS/HJR 1257, a proposed constitutional amendment related to property tax exemptions and assessment limits, but the transcript cuts off before debate or action on that measure.

Transcript Highlights:

• Fees will be annual. The CCB may prorate fees over a longer period of time.
• Fees will be annual. The CCB may prorate fees over a longer period of time.
• > the<00:31:23.920> House recommendations annually to the House recommendations annually
• > to<00:31:30.360> the They will annually report to the They will annually report to the
• could generate up to $90,000 in annual could generate up to $90,000 in annual revenue<00:37:35.120

Keywords: 926, house, all

Summary: The House took up Senate Bill 323, suspending the rules to consider it immediately. The bill was described as a broad agricultural measure with committee amendments and fiscal implications, and it was reported favorably by the Agriculture, Food Resiliency, and Forestry Committee, Ways and Means, and Appropriations. Members outlined sections dealing with milk market corrections, farm-to-school language, repeal of the obsolete pest control compact, pesticide applicator licensing changes, seed law updates, the Vermont Agricultural Credit Program, hemp regulation, and CAFO-related provisions. The Agriculture committee reported the bill out 7-0-1, and the effective date was described as July 1, 2026, except for the hemp provisions, which would take effect upon passage. Much of the discussion focused on the hemp sections. Supporters said the bill updates Vermont law to reflect federal changes and shifts hemp oversight from the Agency of Agriculture to the Cannabis Control Board. The hemp provisions would create registration and licensing requirements for hemp producers, processors, and certain hemp products; set fees; authorize testing, inspections, stop-sale orders, and administrative penalties; and allow rulemaking on product standards, labeling, insurance, additives, and age restrictions. Speakers said the changes were intended to help Vermont’s hemp industry maintain access to banking, insurance, and interstate commerce while improving consumer safety and regulatory clarity. Other agricultural provisions were also explained in detail. The bill would clarify milk producer hearing rights, update farm-to-school grant/contract language, remove outdated pest-control compact language, and adjust pesticide applicator exam and fee rules, including removing the limit on retakes and eliminating certain government applicator fees. It would also modernize seed labeling and definitions, transfer the Vermont Agricultural Credit Program into a new statutory structure under VEDA, and make conforming cross-reference changes in tax and cannabis fund statutes. The final sections would add a CAFO permit working group and require consultant training for state agencies on CAFO inspections, with those provisions contingent on future funding. Ways and Means noted the bill’s fee changes could affect state revenues, including an estimated hemp-related impact of roughly $10,000 to $90,000, though the exact effect was uncertain.

Transcript Highlights:

• Yeah, their budgets will go down. only if they fall outside of the state comptroller's value study.
• Have y'all done any studies on um, teacher certification programs producing the best teachers versus
• Yeah, and that I would say is consistent with my line of thinking. lifetime of study of this space.
• Your benefits on an annual basis is about $15 billion at this time.
• On slide 8, you'll see that the UTP is updated annually in a common forecast changes as needed.

Keywords: infrastructure, water supply, flood mitigation, Texas Water Fund, community projects, funding allocations

Summary: During this committee meeting, the focus was on discussing critical infrastructure funding, especially related to water supply and flood mitigation projects. Chairwoman Stepney and the Water Development Board presented extensive details regarding the Texas Water Fund, which included $1 billion appropriated to assist various financial programs and tackle pressing water and wastewater issues. Additionally, funding allocations aimed at compromising the state's flood risk and improving water conservation were hotly debated, emphasizing collaboration among committee members and the necessity of addressing community needs in such projects.

Transcript Highlights:

• My experience as a fire chief, these studies cost upwards of $60,000 to $70,000 for a full study.
• <01:14:39.760> cost fire chief, um these studies cost fire chief, um these studies cost upwards
• So if you extrapolate for a full study.
• annually review requests that come in. annually review requests that come in.
• <01:16:19.760> basis that they evaluate on an annual basis that they evaluate on an annual

Keywords: 1187, senate, all

Transcript Highlights:

• We run that with fire and EMS annually, so you'll see that.
• So we've been doing those annually with them as well and using their program to facilitate that drill
• So we've been doing those annually with them as well and using their program to facilitate that drill
• Cal OES conducted a statewide study to determine awareness and under... coordinates with local state
• Calais conducted a statewide study to determine awareness and under.

Summary: The committee held a hearing on active and mass shootings in California, focusing on prevention, response, training, communications, and gaps in preparedness across law enforcement, schools, campuses, fire, EMS, and state agencies. Opening remarks emphasized the frequency and impact of gun violence, the need for faster coordinated response, and the importance of learning from recent tragedies such as the Stockton-area mass shooting described by Sheriff Patrick Withrow. The first panel included representatives from police, sheriff, and campus public safety agencies, who discussed incident command, interoperable communications, next-generation 911, threat assessment, emergency notification systems, and the value of joint drills and cross-agency planning. Witnesses also highlighted differences in training and authority across jurisdictions, especially for private university public safety departments versus public campus police. Campus representatives said they rely heavily on municipal law enforcement for armed response, while also using run-hide-fight protocols, text alerts, surveillance, and threat assessment teams. Members raised concerns about standardized training, after-action reviews, mental health resources, school resource officers, and whether campus safety plans and drills are sufficiently consistent or workable. Sheriff Withrow argued that early intervention and accountability are being weakened by well-intentioned laws, while other witnesses stressed prevention through relationships, diversion, and coordinated support services. The second panel from Cal OES, the Department of Education, POST, and EMSA described statewide systems and standards. Cal OES outlined its Reduce the Risk initiative, gun violence restraining orders, mutual aid, unified command, after-action reporting, and nonprofit security grants. The Department of Education explained California’s statutory school safety framework, annual safety plans, regulated armed assailant drills, and local flexibility, while acknowledging compliance gaps and the need for more mental health support. POST described the new requirement for 16 hours of standardized active shooter training for recruits and ongoing local training options. EMSA explained its role in medical response and terrorism training standards. No votes or formal actions were taken during the hearing.

Transcript Highlights:

• And the renewal is annual, correct? Yes, to renew annually for up to seven years. Okay. Thank you.
• Is this for day programs, for waiver, or just for studying those programs?
• And this is to allow for a comprehensive strategic study to see if Arkansas can engage in the lithium
• I'm familiar with annuals and maintenance and expense on aircraft.
• Is there an annual cost analysis or anything? Who would do that?

Keywords: 1204, all

Transcript Highlights:

• We have a—our website has an annual report required to do an annual report.
• grant award even though it's annually grant award even though it's annually alloted<00:37:22.480
• That's what this study does.
• <03:47:02.920> is and then what we do with this study is and then what we do with this study
• complete because um there are studies complete because um there are studies that<04:11:23.479>

Keywords: 928, house, all

Summary: The committee first heard from the Personnel Appeals Board, which explained that it became an independent state agency after Senate Bill 487 and was presenting its first standalone operating budget. The board described its quasi-judicial role in hearing appeals from classified state employees over disciplinary actions such as warnings, suspensions, and terminations, and said it handles about 25 to 35 cases a year, with some cases lasting longer because of their complexity. Members also outlined the need for a chair and vice chair who are attorneys, the board’s current staffing and space needs, and its plan to move away from reliance on Administrative Services for office support and website functions. The board requested about $353,500 for fiscal year 2026, including startup costs, routine operating expenses, and two new part-time positions: a program director and a paralegal. Members said the budget reflects the new independent status, includes funding for only four board members rather than the authorized five, and is designed to avoid full-time staffing costs and benefits. Legislators asked about the cost per case, the board’s relationship to DAS, whether appeals must go through the board before court, and how often cases are appealed further. The board said appeals must first go through it, that court appeals are infrequent but have increased recently, and that the board’s process is intended to resolve disputes more quickly and less expensively than court litigation. Committee members also asked about the board’s caseload, outcomes, and staffing. The board said that in the prior year there were 22 cases, with four decisions overturned in favor of employees, nine dismissals, and nine settlements, and that many disputes are resolved before reaching the board through a multi-step internal process. A member noted the governor and council had recently approved a new board member and were expected to approve a fifth soon. The discussion ended with questions about the board’s website and records access, which members said would need to be moved from Administrative Services as part of the agency’s transition. The committee then moved to the New Hampshire Council on Developmental Disabilities. The executive director explained that the council is 100 percent federally funded under the Developmental Disabilities Assistance and Bill of Rights Act and develops a five-year plan to address the needs of people with intellectual and developmental disabilities. She said the council works with state agencies and advocacy organizations on quality-of-life issues, accessibility, voter rights training, and plain-language or easy-to-read materials, and that 60 percent of its membership must be individuals with disabilities or family members/guardians. She also described the council’s funding structure, including reimbursement to the state for operating costs, and noted that it currently has three full-time and three part-time positions, with no new positions requested but one full-time position being eliminated and replaced after a pandemic-era staffing change did not work out as planned.

Transcript Highlights:

• was responsible for the study of the mine.
• The study found that groundwater quality is poor.
• These were a topic of the UNM study from circa 2012 to 2013, and the USGS studies from 2017 to 2018.
• This study at all.
• Annual to semi-annual, every mid-permit period, so every two and a half years, we're looking at updating

Transcript Highlights:

• This proposal has come from the many reports and studies that say Many things, but one of the central
• Studies such as those by the Wilder Institute have shown that every dollar invested in programs like
• When do we anticipate that study? Fantastic.
• We were asked by the legislature what the annual projected costs would be to maintain this program.
• This shall apply to local agencies only to the extent that the state provides annual funding for the

Keywords: 988, house, all

Transcript Highlights:

• We did an experience study last spring, but we used to expect males to live until they were 83.
• We also have our annual fall open enrollment and switch enrollment.
• A part in this solvency study.
• The way we do this is we actually do it through a bi-annual asset allocation review.
• This is with the board gearing up for the annual board meeting.

Transcript Highlights:

• <03:59:55.800> and be reviewing these programs annually and be reviewing these programs annually
• all of you know interim studies work.
• the anybody who's on an interim study the anybody who's on an interim study commission<04:15:51.279
• interim study interim study process<04:16:11.600> so<04:16:12.199> um<04:16:13.239
• in a perfect world people would study in a perfect world people would study and<04:18:41.359>

Keywords: 928, house, all

Summary: The Education Funding Committee met in executive session and first took up HB 193, which limits the maximum credits per course eligible for the Dual and Concurrent Enrollment Program. Representative Ladd said the bill clarifies that eligible courses may not exceed four credits and was requested by the community college system. Representative Earth offered an amendment to make the bill effective on passage, which the committee adopted 18-0. The committee then approved HB 193 as amended by an 18-0 OTPA vote and placed it on the consent calendar. The committee next retained HB 295, concerning School Building Aid program funds, after Representative Spillsbury said the building aid bills were complex and needed more work. The motion to retain passed 18-0, with the chair explaining that retained bills can be revisited later and that related language could be moved among building aid bills. HB 354 was not acted on because the chair said the Department of Education and others had suggested possible changes that should be worked out first. HB 366, another school building aid bill, was also retained 18-0 for the same reasons as HB 295. The committee then considered HB 494, which funds the math learning communities program. Representative Earth offered an amendment to flat-fund the program, reducing the proposed increase by a net $50,000 and keeping funding at current levels for the biennium. After discussion about budget pressures and the program’s role in supporting math instruction and professional development, the amendment passed 18-0, and the bill as amended was approved 18-0 and placed on consent. Finally, the committee took up HB 515, which would repeal charter public school eligibility for state school building aid. Representative Popovici-Muller moved inexpedient to legislate, arguing charter schools should not be treated differently from other public schools, while Representatives Luno and Damon opposed the motion, saying charter schools differ in governance and financial risk and should not receive limited state building aid. The motion failed 10-8, so HB 515 was sent to the regular calendar. The committee assigned Representative Damon to the minority report and Representative Popovici-Muller to the majority report, with a noon deadline the next day. The committee then began HB 716, an appropriation for the dual and concurrent enrollment program. Representative Ladd described the program as a successful affordability measure that saves families money and supports college access. Representative Earth offered an amendment to flat-fund the program at current levels, reducing the proposed increase by $500,000 in each year of the biennium. Shannon Reed of the Community College System said the change could limit enrollment or the number of funded courses, though students could still take additional courses at their own expense. Representative Ladd explained the program’s tuition structure and said the funding would help meet demand; the transcript cuts off before the final vote on HB 716.

Transcript Highlights:

• have determined as far as the annual have determined as far as the annual funding<00:07:00.000><
• >> And what is that current assumed annual >> And what is that current assumed annual
• Reformed OP, which would be 3 to 5 million annually, growing by 3 to 5 million annually, going to pay
• review annually review annually and<00:29:04.960> they<00:29:05.279> can<00:29:05.440
• And the study every 5 years or so.

Keywords: Finance - Room 216, 20 January, 2026; 10:30 AM, 925, all

Summary: The committee heard an update from PERS Executive Director Higgins, who reported that the system has about $38 billion in assets, earned roughly 11.7% last fiscal year, and is about 57% funded. He thanked lawmakers for a newly passed $1 billion funding bill and emphasized that funding the existing system remains the top priority. Higgins also noted that the board’s actuarially recommended contribution is about 26% of payroll, while the system is currently receiving about 18.4%, and said PERS will return later in session with a few requested bills. Higgins addressed several policy topics under discussion this session, including return-to-work rules, first responders, and Tier 5. He said return-to-work changes are possible if the law is changed and funding implications are addressed. For first responders, he said any special treatment should be done within PERS rather than by creating a separate system, with the affected group and parameters clearly defined and fully funded. He also said the new Tier 5 hybrid plan is being implemented on track for March 1 and is projected to improve the system’s long-term financial position by reducing future liabilities and helping pay down the unfunded liability. Members then questioned Higgins about the system’s funding policy, the 30-year closed amortization period used in the ADC calculation, and whether that approach should be revisited in light of recent funding actions and changes in assumptions. Higgins said the board reviews the policy annually, that the closed amortization approach was chosen to better pay down the unfunded liability, and that the annual valuation and experience studies already incorporate recent funding changes, Tier 5, and the phased employer-rate increases. He acknowledged that a significant new infusion of funding could justify reviewing the amortization period, but cautioned against changing it too often because it could undermine progress toward paying down the unfunded liability.

Transcript Highlights:

• States aside from their annual meeting. States aside from their annual meeting.
• So are is your annual switch.
• working to get rid of the annual switch? working to get rid of the annual switch?
• <01:51:19.040> wouldn't and I think interm study wouldn't and I think interm study wouldn't
• In recent years, studies show teenagers.

Keywords: 1189, house, all