Video & Transcript Research : 'Employees Retirement System'
Page 73 of 500
AL
Transcript Highlights:
- seen employees retire a year or so early by having retire a year or so early by having retire a year
- retire we got because as older employees retire we got because as older employees retire we got bringing
- Correct. employees retirement benefits. Correct. employees retirement benefits. Correct.
- retirement, those days their employees retirement, those days their employees retirement, those days
- It's retirement systems of Alabama. It's retirement systems of Alabama.
OK
Oklahoma 2026 Regular Session
Appropriations and Budget Education Subcommittee Jan 22nd, 2026 at 09:00 am
A&B Education Subcommittee
Transcript Highlights:
- Executive director at the Teacher's Retirement System.
- And what this is is just a snapshot of the current state of the teacher's retirement system.
- Being paid into your district from the teacher's retirement system.
- So when we're administering this system, we're administering our own retirements.
- that this retirement system is administered properly and funded properly so that we all have benefits
LA
Transcript Highlights:
- And those interest earnings help fund the retirement benefits for those bank employees and those in the
- The question has become the ones for the employees that have retired, former employees that have retired
- order to fund the retirement on that employee and on other employees as well.
- It would be like a retired employee, or an employee that has moved on to another company where a life
- . ...and other bank employees' retirement.
Summary:
The House Insurance Committee met on May 19 and first took up Senate Bill 509 on bank-owned life insurance. The bill would clarify that banks retain an insurable interest in former employees for purposes of exchanging underperforming bank-owned life insurance policies for better-performing ones. Members adopted a revised amendment set after withdrawing a prior version. Testimony focused heavily on whether consent from the insured former employee is required for any transfer or exchange, with supporters saying the bill is needed to address underperforming policies and opponents warning about unclear consent standards, data-transfer concerns, litigation risk, and possible federal tax issues. After debate, the committee reported SB 509 as amended by a 7-4 vote.
The committee then heard Senate Bill 295, which requires health insurance coverage for medically necessary treatment for persons with acquired brain injuries, including cognitive rehabilitation and related services. Supporters from the Brain Injury Association of Louisiana and NeuroRestorative described gaps in post-acute care, high rates of discharge to unsafe home settings or nursing homes, and improved return-to-work outcomes when patients receive appropriate rehabilitation. An amendment was adopted to clarify federal essential health benefit limits and remove certain language, reducing the fiscal note to zero. The bill was then reported as amended without objection.
Next, the committee considered Senate Bill 155, which requires coverage for medically necessary dental procedures needed for cancer treatment clearance, such as exams, imaging, and extractions. Cancer advocates, oncologists, and dental representatives said untreated dental problems can delay chemotherapy or radiation and lead to worse outcomes and higher costs. Cleanup amendments were adopted, and the bill was reported as amended. The committee also advanced Senate Bill 465, which tightens prompt-payment deadlines for health insurers, adds pharmacy payment provisions, and creates a recoupment timeline for dental claims; after technical and substantive amendments, it was reported as amended.
Finally, the committee approved Senate Bill 276, creating a pre-appointment affidavit process for bail bond producers to ensure prior premiums, shortages, and forfeitures are resolved before a new insurer appointment, and House Resolution 260, which urges the Department of Insurance to study how out-of-network medical billing affects auto insurance rates. Both measures were reported favorably or as amended, and the committee adjourned after a motion to do so.
MN
Minnesota 2025 1st Special Session
House Workforce, Labor, and Economic Development Finance and Policy Committee 2/19/25
Workforce, Labor, and Economic Development Finance and Policy
Transcript Highlights:
- the unemployment insurance uh system the unemployment insurance uh system<00:37:38.960>
UI <00 - <01:17:56.880>
are of their employees are of their employees are covered<01:17:58.560> - premium collection system.
- That really reduces our risk of launching a large system, and it has gotten over 160,000 employees into
- into this employers into the employees into this employers into the system<01:26:30.360>
very
MN
Minnesota 2025 1st Special Session
House Floor Session 5/19/25 - Part 2
Minnesota House Floor Meeting
Transcript Highlights:
- So just kind of, at a high level, uh, overview in the Minnesota State Retirement System, and the P...
- So just kind of, at a high level, overview in the Minnesota State Retirement System, and there's some
- So just kind of, at a high level, overview in the Minnesota State Retirement System, and there's some
- So just kind of, at a high level, overview in the Minnesota State Retirement System, and there's some
- Public employees are both basis.
KY
Kentucky 2026 Regular Session
House Legislative Session Day 29 (2-18-26)
Kentucky House Floor Meeting
Transcript Highlights:
- A retired police officer, in addition to the retirement system requirements, must have served 20 years
- , in addition to the<00:38:08.320>
retirement <00:38:08.800>system <00:38:09.119>requirements - ,<00:38:10.000>
must the retirement system requirements, must the retirement system requirements - This does not affect their retirement. This does not affect their retirement.
- <00:39:14.560>
system than what the retirement system than what the retirement system provides
Keywords:
Convene 00:00:00
Senate Message 00:04:53
Calendar/2nd Readings 00:05:27
Report of Committees 00:06:16
Orders of the Day 00:08:42
SB 172 00:08:54
HB 392 00:11:47
HB 529 00:16:02
HB 456 00:22:04
HB 424 00:25:27
HJR 50 00:30:04
HB 577 00:32:29
HB 213 00:36:10
HB 58 00:40:22
HB 10 00:45:23
Motions, Petitions, and Communications 01:04:32
Introduction of New Bills and Resolutions 01:17:33
Recess for ConC/Rules Meeting 01:20:15
ConC/Rules Report 01:25:00
Floor Amendments 01:26:56
Adjournment 01:27:21, 958, all
Summary:
The House convened with an invocation and Pledge of Allegiance, established a quorum of 96 members, excused absent members, and approved the prior journal. The chamber also received Senate messages transmitting Senate Bills 969 and 141. Several bills were reported from committee and placed on the calendar, including measures on on-farm animal health, insurance regulation, crimes and punishments, employment, artificial intelligence, utility fuel adjustments, education, and addictive online platforms.
The House then took up and passed Senate Bill 172, which allows the Public Service Commission to spread sudden fuel cost spikes over several months to reduce consumer bill shock. It passed 95-0. House Bill 392, dealing with local public agency transactions and procurement, was amended by committee substitute to remove disputed best-value procurement and residential bidder preference provisions, lower the small purchase threshold increase to $50,000, and add indexing and other local purchasing changes; it passed 97-0. House Bill 529, concerning the parole board, was amended to stagger board terms, allow limited term extensions, authorize panel hearings, and adjust parole review timing; it passed 99-0. House Bill 456, relating to unclaimed property and the state treasurer, was passed 100-0 after adding an unclaimed property awareness week, removing a residency requirement for the treasurer, clarifying mineral royalty reporting, and tightening reporting requirements.
The House also passed House Bill 424 on social work licensure, which exempts student interns and trainees, sets supervision standards, updates licensure rules including multi-state licensure, background checks, and telehealth, and requires board representation from social work education; it passed 94-0. House Joint Resolution 50, directing a study of child care regulations and processes by the Auditor of Public Accounts, was adopted 98-0. House Bill 577, modernizing economic development statutes by renaming and updating innovation programs, expanding the Kentucky Enterprise Fund, allowing certain out-of-state companies to qualify if they relocate within 180 days, and broadening angel investor participation, passed 98-0. House Bill 213, reducing the service requirement for rehiring retired police officers from 20 to 15 years and allowing local employers to offer health benefits, passed 98-0. House Bill 58, on privacy protection and automated license plate reader data, was taken up with a committee substitute and floor amendment allowing limited data retention and training use under redactions; the transcript cuts off during explanation of the bill after the amendment was adopted.
KY
Kentucky 2025 Regular Session
Public Pension Oversight Board (8-26-25)
Transcript Highlights:
- 01:08:26.080>
not <01:08:26.239>fully any retirement system that's not fully any retirement - systems across the lot of retirement systems across the country.<01:11:59.360>
uh <01:11:59.440 - <01:12:07.679>
or retirement systems that they will or retirement systems that they will or - <01:27:13.360>
system going to see with any retirement system going to see with any retirement - >
system <01:39:21.840>statute, not even a retirement system statute, not even a retirement
Summary:
The meeting opened with a quorum call, the Pledge of Allegiance, a prayer, and approval of the prior meeting minutes. The first presentation was from Bo Craycraft of the Judicial Form Retirement System, who gave an update on investment performance, asset allocation, cash flow, and projected employer costs. He reported strong fiscal year 2025 investment results, with both the legislative and judicial retirement plans outperforming their actuarial assumed rates of return and benchmarks, driven largely by U.S. equity performance. He also noted the plans remained near their target asset allocation and continued to experience negative cash flow, though he said that was manageable in context of strong asset growth.
Craycraft then discussed a recent experience study and actuarial assumption changes, especially a revised salary growth assumption and a higher cash balance interest credit rate. He said these changes increased projected employer costs, with contributions rising from about $700,000 to a projected $2 million in later years, though he expected the eventual 2025 valuation and investment gains to reduce that estimate. Members asked about mortality assumptions, the impact of the experience study on liabilities, and the sharp increase in the judicial plan’s projected employer cost. Craycraft explained that the increase was driven mainly by the updated assumptions and that no other major plan changes were involved.
At the chair’s request, Craycraft also addressed the recent rise in Medicare Advantage premiums for the plan’s health coverage, saying the 2025 increase was largely tied to Part D changes and the Inflation Reduction Act and had been about 45%, but that future growth was expected to be under 5%. After his presentation, the committee moved to the Kentucky Public Pensions Authority update, where the next speaker began by saying the funds had exceeded actuarial assumed returns for the fiscal year.
MO
Transcript Highlights:
- Louis teacher's retirement system also. They increase the size of that board.
- Louis teacher's retirement system also. They increase the size of that board.
- , employee retirement, excuse me, and there was a conversation about the SLPS pensions for retired teachers
- , employee retirement, excuse me, and there was a conversation about the SLPS pensions for retired teachers
- system as it stands now.
Summary:
The Committee on Crime and Public Safety met in executive session with a quorum present and considered three measures. For Senate Bill 1652, members adopted a House committee substitute that clarified the bill’s language about creating an office within the Department of Public Safety rather than targeting women and girls directly. The bill, which relates to missing and trafficked women and girls, was then reported do pass by a vote of 12-1, with one member voting no because the bill was not all-inclusive enough for their preference.
The committee next took up Senate Bill 1572, a retirement-related measure affecting the St. Louis Police Board and the St. Louis City teachers’ retirement system. Testimony explained that the substitute staggered board appointments, addressed quorum issues after board expansion, clarified overpayment recovery and refunds for small accounts, and made related retirement-system cleanup changes without altering benefit payments. The House committee substitute was adopted and the bill was reported do pass unanimously, 16-0.
Finally, the committee considered House Bill 3533, which was amended to remove sports betting language and focus on increasing the riverboat admission fee from $2 to $5.50. Members discussed the fee increase as overdue and noted the revenue distribution to veterans and developmental disability funds, while one member argued the increase was too large and another noted operators could pass the cost to consumers. The House committee substitute was adopted, and the bill was reported do pass by a vote of 9-7, with one member present.
CA
California 2025-2026 Regular Session
Assembly Public Employment and Retirement Committee Jun 10th, 2026
Public Employment and Retirement
Transcript Highlights:
- So, but Senate Bill 939 is sponsored by the California Public Employees Retirement System, or CalPERS
- The bill simplifies the options to purchase service credit at the time of retirement or post-retirement
- longevity was incorrectly included in employee base rates.
- So this bill requires employees to forward the initial audit notification.
- in employee base rates.
Summary:
The Assembly Committee on Public Employment and Retirement heard three bills. SB 939 (Laird), sponsored by CalPERS, would end new enrollment in the actuarial equivalent reduction option for service credit purchases after January 1, 2028, and require any unpaid balance at retirement to be paid within 90 days. The author said the change would reduce unintended consequences for retirees, employers, and CalPERS. There was no opposition, and the bill passed the committee on a 6-0 vote and was referred to Appropriations.
SB 1038 (Laird), sponsored by the California School Employees Association, would expand CalPERS audit notifications so bargaining units receive notice of employer audits, affected-member lists, and final audit reports. Supporters said this would help unions protect members from benefit reductions or repayment demands caused by audit corrections, citing a Kern High School District example. There was no opposition, and the bill also passed 6-0 and was referred to Appropriations.
SB 1227 (Drozzo) would require the Department of Industrial Relations to work with state worker unions to create apprenticeship pathways into key enforcement jobs, including roles at Cal/OSHA and the Labor Commissioner’s Office. Supporters from United Steelworkers, SEIU Local 1000, CSEA, and the California Labor Federation said the bill could help address staffing shortages and improve enforcement capacity. The committee approved the bill 6-0 as amended and re-referred it to the Committee on Labor and Employment.
TX
Transcript Highlights:
- Well, we use the number of employees in our system.
- Retirement System on the ERS pension fund. The chair calls Catherine Terrell. チャンネル登録をお願いいたします。
- Group despite our name being the employees retirement system.
- We cover all state employees retired state employees and all employees of public higher education institutions
- And then in the last column is the Judicial Retirement System Plan 2.
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.
MA
Massachusetts 2025-2026 Regular Session
Special Joint Committee on Initiative Petitions Jun 21st, 2026 at 11:00 am
Transcript Highlights:
- under the state personnel management system.
- Committee were public judicial employees, that is, employees in the judicial branch of government, it
- So on the same concept, you have the employees, the staff employees, and then you have the contract attorneys
- It would simply allow CPCS employees access to the same legal process that many other public employees
- SEIU Local 888 and NAGE, the National Association of Government Employees.
Summary:
The Special Joint Committee on Initiative Petitions held a public hearing on Initiative Petition 2522 / H. 5909, which would amend state labor law to treat the Committee for Public Counsel Services (CPCS) as a public employer and allow its employees to seek collective bargaining rights. The chair explained the Article 48 initiative process, noted that no opponents or members of the public had signed up to testify, and said written testimony would be accepted through March 20. The hearing focused on whether CPCS staff should be brought within the public-sector bargaining framework and how that would interact with the agency’s statutory duties.
Expert testimony began with an NCSL analyst, who gave a national overview of public employee bargaining rights and examples of public defender unions in other states and localities, including Colorado, New York City, Indianapolis, Cook County, Maryland, and Illinois. Department of Labor Relations officials then reviewed prior failed organizing efforts at CPCS and its predecessor, explaining that earlier petitions were dismissed because the agency was not considered a public employer under existing law. They said passage of the initiative would not automatically unionize employees, but would allow a union to petition for an election or written majority authorization, with normal unit-appropriateness and supervisory/confidential employee issues still to be resolved.
CPCS Chief Counsel Anthony Benedetti testified that the agency supports providing information to the legislature but is not taking a position for or against unionization. He described CPCS’s statutory responsibilities, size, and current efforts to expand staffing after recent indigent-defense crises, and said any new bargaining framework would need to operate alongside the agency’s obligations to provide counsel. Proponents from SEIU Local 888 and allied labor groups argued that CPCS employees have long been denied the same collective bargaining rights as other public workers, and that a union would provide just-cause protections, a voice on staffing and working conditions, and better support for recruitment and retention. CPCS attorneys and staff testified in favor of the measure, citing heavy caseloads, rapid expansion, inadequate supervision and office support, and the need for representation in disciplinary and workplace disputes. Committee members asked about bargaining-unit composition, the role of the DLR, the effect of unionization on attorneys’ ethical duties, and the use and cost of paid signature gathering. The hearing ended with no votes taken and no opposition testimony presented.
AR
Arkansas 2026 1st Special Session
LEGISLATIVE JOINT AUDITING Jun 5th, 2026
LEGISLATIVE JOINT AUDITING
Transcript Highlights:
- All state agencies, retirement systems, higher education institutions, All state agencies, retirement
- The next five slides provide financial information regarding the state's retirement systems.
- Liabilities for the retirement systems experienced only slight fluctuations over the past five years.
- The retirement systems had net pension liability of $9 billion, as shown on page 36.
- The decreases were in the teacher retirement system and the state highway employee retirement system.
Summary:
The committee met to adopt prior minutes and reports from its executive and standing committees, including counties and municipalities, educational institutions, and state agencies. Those reports covered routine audit activity, delinquent private water and sewer audits, municipal accounting compliance issues, education audit findings, and several state agency audit items. The committee also reviewed and adopted the State of Arkansas annual comprehensive financial report for fiscal year 2025 and the related single audit report, both presented by Legislative Audit staff.
The state financial report showed unmodified opinions on the state’s financial statements and described total assets of about $41.9 billion and liabilities of about $11.1 billion, along with retirement system assets of $39.9 billion and a net pension liability of $9 billion. Two material weaknesses were identified: insufficient internal controls at the Office of State Technology to monitor threats and unauthorized access, and a Division of Workforce Services methodology change for unemployment-related estimates that was not properly documented or approved. The single audit covered $12.4 billion in federal awards across 469 programs, with 16 major programs reviewed; it resulted in 33 findings, 14 with questioned costs totaling $16.6 million, and qualified opinions for the Summer EBT program, the Coronavirus Capital Projects Fund, and the Child Care Development Fund cluster.
Members questioned agency officials in detail about the Summer EBT questioned costs, DHS unresolved findings, broadband grant documentation, cyber security controls, workers’ compensation liabilities, and child care funding and reporting. DHS explained that the Summer EBT issue involved drawing federal funds in advance rather than as benefits were redeemed, and said the process has been corrected. Broadband officials said the questioned $6.6 million reflected documentation-detail disagreements across many invoices rather than missing payments. OST officials described new logging, endpoint detection, and phishing-training efforts, and DFA and Education officials addressed specific audit findings and corrective actions. The committee ultimately moved to hold the two large statewide reports over until the August meeting for further review, with discussion continuing on whether to release some agency staff in the meantime.
VT
Transcript Highlights:
- governing the Vermont Employees governing the Vermont Employees Retirement<00:53:39.960>
System - Retirement System. Retirement System.
- c> have Employees Retirement System that have Employees Retirement System that have attained<00:53
- Retirement System pay for the employer share of pension costs for their employees.
- Retirement System pay for the employer share of pension costs for their employees.
Summary:
The House resumed consideration of H.606 on firearm procedures and first took up Section 3 and its effective dates. A member from Northfield spoke at length in support, arguing the provision is narrowly tailored, based on actual dangerousness rather than mental illness alone, and is more limited than federal law because it applies only to specific court findings and is temporary, with rights restorable upon recovery. The House then approved Section 3 and its effective dates, approved the remainder of the Judiciary Committee report, and ordered third reading.
The chamber then moved through third readings and passed H.385 on remedies and protections for victims of coerced debt, H.556 on exceptions to the state minimum wage, H.559 on the parole board, H.723 on posting of land, and H.757 on manufactured homes and limited equity cooperatives. On H.814, relating to neurological rights and AI in health and human services, the House adopted an amendment offered by the member from Burlington that required the advisory council to include proposed definitions for neurotechnology, artificial intelligence, and related terms in its report; the House Health Care Committee reported the amendment favorable 11-0-0, and the bill then passed. H.816, regulating the use of artificial intelligence in the provision of mental health services, also passed, as did H.927, technical corrections for the 2026 session.
The House then took up H.930 on chronic absenteeism. The committee member from Manchester described the bill as an AOE proposal responding to high post-pandemic absenteeism rates and their impact on learning, and outlined provisions adding definitions, updating compulsory attendance language, requiring a state model policy, strengthening notification and truancy procedures, and preserving existing penalties. The member said the Education Committee heard from a wide range of education and child welfare witnesses and passed the bill 11-0. After a brief clarification on the absences section, the House proceeded toward third reading of H.930.
KY
Kentucky 2026 Regular Session
Senate Legislative Session Day 32 (2-23-26)
Kentucky Senate Floor Meeting
Transcript Highlights:
- It could be a potentially significant positive impact on the teacher retirement system if employees choose
- It could be a potentially significant positive impact on the teacher retirement system if employees choose
- <00:54:56.720>
system <00:54:57.280>if on the teacher retirement system if on the teacher - retirement system if employees<00:54:58.000>
choose <00:54:58.240>to <00:54:58.400> - four tiers in the teachers retirement four tiers in the teachers retirement system.<00:56:23.760
Summary:
The Senate convened with a prayer and the Pledge of Allegiance, then established a quorum, excused absent members, and approved the journal from Friday, February 20, 2026. The chamber also announced caucus meetings during recess and received notice that the House had passed House Bills 111, 527, and 555. New Senate bills were introduced, including SB 220 on small farm wineries, SB 221 on abuse of a corpse, and SB 222 on environmental covenants and an emergency declaration.
The main floor debate centered on Senate Bill 52, which concerns fair permitting and licensing practices. The sponsor described the bill as a response to delays and subjectivity in agency permitting, saying it would require clear standards, set deadlines, and provide meaningful appeals without eliminating existing requirements. Opponents argued that a fixed deadline could be too short for complex environmental and public-safety reviews and could pressure agencies with limited staffing; one senator also warned it could benefit large businesses at the expense of workers and communities. Supporters countered that the bill would improve accountability and help businesses, child care providers, and other applicants get timely decisions. After floor amendments were withdrawn, SB 52 passed as amended by a vote of 30 yeas to 5 nays.
Before that vote, the Senate also returned SB 50 from the Appropriations and Revenue Committee to the Rules Committee under suspension of the rules. After SB 52, the chamber took up Senate Bill 124, relating to sick leave for school district personnel, and heard the sponsor’s explanation that it was intended to address classroom absences in a cost-effective way that would benefit students and taxpayers. The transcript cuts off during the discussion of SB 124, before any final vote on that bill is shown.
KY
Kentucky 2026 Regular Session
Administrative Regulation Review Subcommittee (4-13-26)
Transcript Highlights:
- service credit for unused sick leave for members participating in retirement systems prior to January
- Clarify how a former employee who is ineligible for retirement may request a refund of his or her account
- members participating in retirement members participating in retirement systems<00:01:59.720>
- . system. system.
- a former employee who is ineligible<00:02:22.640>
for <00:02:22.760>retirement <00:02:23.320
Summary:
The committee met with a quorum, approved the prior meeting’s minutes, and then reviewed a series of administrative regulations from multiple agencies. Most of the regulations were presented as technical updates or policy clarifications, and in each case the committee approved staff-suggested amendments without objection. The Department of Revenue regulation would delete a section on tax credits for trusts and estates to align with statute. The Kentucky Public Pensions Authority package updated definitions, sick leave credit rules, hazardous/non-hazardous employment participation, refund procedures, contribution limits, mortality table references, and incorporated federal tax references. The Board of Medical Licensure regulations addressed renewal and activation of inactive physician-assistant licenses and renewal/reinstatement timelines for athletic trainer licenses. The Fish and Wildlife regulations revised rules for Otter Creek and Peabody areas by deleting definitions and creating shooting-range permit exemptions.
The committee also heard emergency vocational rehabilitation regulations that would clarify definitions, due process rights, federal compliance, service fees, in-state service preferences, and service-specific requirements; a workforce insurance regulation updating contribution/reporting rules for professional employer organizations; and a horse racing regulation adding license categories for allied animal health professionals, animal chiropractors, and equine dental providers, while updating fees, application timing, and special events licensing. Members asked questions about the horse racing licensure changes, and the agency explained they were responding to prior session changes and adding guardrails, including veterinarian sign-off for equine therapist licensure on the back side of a racetrack.
The Department for Public Health package made several personnel and salary-related changes for local health departments, including salary ranges for new hires, probation and evaluation rules, salary increases after probation, and limits on certain leave payouts for employees who separate without proper notice or are dismissed for cause. The Office of Inspector General regulation added electronic prescription references and removed authority to create a new prescription number for partial dispensing of Schedule II prescriptions. The Department for Medicaid Services regulations updated provider group definitions, removed some service limits, required prior authorization for all genetic testing for non-MCO recipients, changed physician fee schedule updates from quarterly to annually, and added reimbursement for department-approved vaccines. Members asked detailed questions about genetic testing prior authorization and sleep disorder coverage; the agency said prior authorization is intended to take two to five days and that sleep disorder services generally involve sleep apnea-related treatments such as CPAP machines and sleep studies. The committee then adjourned and announced its next meeting for Tuesday, May 12 at 1:00 p.m.
NM
New Mexico 2025 Regular Session
IC - Investments and Pensions Oversight Jul 18th, 2025
Investments & Pensions Oversight Committee
Transcript Highlights:
- Retirement Act.
- The biggest plan we administer is the Public Employees Retirement.
- So that's a voluntary retirement plan that employees can pay into.
- This includes employee and employer contributions prior to retirement.
- I'm here representing the retired focus employees.
TX
Transcript Highlights:
- Well, we use the number of employees in our system.
- Retirement System on the ERS pension fund.
- Retirement System of Texas.
- The group, despite our name being the Employees Retirement System, we operate a very low... benefits
- We cover all state employees retired state employees and all employees of public higher education institutions
AL
Alabama 2026 1st Special Session
Alabama House Tuscaloosa County Legislation Committee Jan 21st, 2026
Tuscaloosa County Legislation
Transcript Highlights:
- retirement system of Alabama under the same terms and conditions as other employees in the state retirement
- system.
- <00:04:13.200>
retirement participate in the employee retirement participate in the employee - retirement system<00:04:13.840>
of <00:04:14.000>Alabama <00:04:14.400>under <00 - as other employees in the conditions as other employees in the state<00:04:17.359>
retirement
HI
Transcript Highlights:
- will offer in terms of the employee will offer in terms of the employee employer<00:05:08.400>
their members or I guess all employees their members or I guess all employees get<00:27:01.160><- Retirement System, we have submitted testimony in strong opposition to this measure.
- Just to highlight a few seconds, this approach would be detrimental to the Employee Retirement System
- This approach would be detrimental to the Employee Retirement System in the State of Hawaii and all of
Summary:
The Senate Committee on Labor and Technology heard testimony on several measures relating to public employment, the Hawaii Employer-Union Health Benefits Trust Fund (EUTF), retirement benefits, and cafeteria plans. HB 2472 and HB 2276, both concerning EUTF staff and investment office staff salaries, drew support from the trust fund and labor groups, and no opposition was heard in person. HB 2272 and HB 2273, emergency appropriations for public employment cost items, were supported by the administration and labor representatives; members briefly clarified which bargaining units were covered.
A longer discussion centered on HB 1664, which would address a dispute mechanism for EUTF-related negotiations. HGEA said the current process lacks a dispute resolution path and that the bill would allow interest arbitration when the state and union disagree. The Department of Human Resources Development and the Budget and Finance director raised concerns about consistency across bargaining units and the role of an arbitrator unfamiliar with the complexities of the system. Senator Moriwaki questioned whether another dispute forum might be more appropriate, but no alternative resolution was settled.
The committee also heard HB 1655, which would make retirement benefits negotiable, and HB 1658, concerning collective bargaining repricing. ERS opposed HB 1655, saying it could create administrative and tax problems if retirement benefits were negotiated separately across many bargaining units, while UPW, HGEA, HSTA, and UPA supported it as a bargaining issue. On HB 1658, DHRD explained that repricing is an internal classification tool meant to preserve equal pay for equal work, not to address market pay, and said a single arbitrator or the Merit Appeals Board could handle disputes; HGEA preferred a neutral arbitrator and opposed the Merit Appeals Board as too employer-controlled. The final measure, HB 1661 on cafeteria plans, was supported by UPW and HGEA. DHRD said it planned to raise the maximum contribution through rulemaking but needed to manage plan solvency and timing because IRS limits change on a calendar-year basis while the state plan runs on a fiscal year. The committee then moved into decision-making and adopted recommendations to pass HB 2472 and HB 2276 as amended/unamended after a brief correction to the vote language.
KY
Kentucky 2026 Regular Session
House Standing Committee on State Government (3-19-26)
State Government
Transcript Highlights:
- >
to state retirement system is ineligible to state retirement system is ineligible to >> - retired retired state<00:10:11.640>
representatives <00:10:12.360>and <00:10:12.480> - Senate Bill 85 allows this—this is an across-the-board, all of our public retirement system.
- Senate Bill 85 allows this—this is an across-the-board, all of our public retirement system.
- Second. um these employees to take benefits that um these employees to take benefits that they<00:14: