Video & Transcript Research : 'Alabama Retirement Savings Program'

Page 1 of 500
AL

Alabama 2025 Regular Session

Alabama Senate Finance and Taxation General Fund Committee Feb 19th, 2025

Finance and Taxation General Fund

Transcript Highlights:
  • Automated savings programs are...
  • This bill creates the Alabama Retirement Savings Program, and it's a...
  • Retirement Savings Program, and it will be a state-facilitated savings initiative designed to address
  • The program aims to provide a convenient, low-cost, and portable retirement savings vehicle without creating
  • employees being able to save for retirement.
AL

Alabama 2025 Regular Session

Alabama House Fiscal Responsibility Committee Feb 19th, 2025

Fiscal Responsibility

Transcript Highlights:
  • It's 30 years of service, and the retirement age is 62 to be eligible for retirement.
  • For three to five years, their retirement would then go into a savings account that at the end of their
  • You would draw your regular paycheck while teaching, and your retirement would go into a savings account
  • At the end of your normal retirement before you go into the DROP program, it's static.
  • Okay, anybody... yeah, just say if I retired right and I enter into the DROP program.
Bills: SB45, SB73, SB169, HB243, SB177
AL

Alabama 2026 1st Special Session

Alabama House Ways and Means Education Committee Jan 20th, 2026

Ways and Means Education

Transcript Highlights:
  • if you retire for 12 months, this apply. if you retire for 12 months, this apply.
  • So when they come back to work as a retired person, they're not in a retirement system any further.
  • When they come back to work as a retired person, they're not in a retirement system any further. >> Uh
  • So that's key thing retirement.
  • We're trying to basically say the University of Alabama, you continue your program as you see fit.
AL

Alabama 2026 1st Special Session

Alabama House Ways and Means General Fund Committee Feb 25th, 2026

Ways and Means General Fund

Transcript Highlights:
  • ,<00:13:28.480> your you're left out of this program, your you're left out of this program
  • of Alabama at Birmingham, $2<00:20:48.240> million.
  • Uh again, South Alabama, 1.1 million.
  • And further to say that any other retirement plan administered by the Retirement System of Alabama used
  • retirement system of Alabama<00:23:01.120> used<00:23:01.360> to<00:23:01.520> pay
AL

Alabama 2026 1st Special Session

Alabama Senate Finance and Taxation General Fund Mar 18th, 2026

Finance and Taxation General Fund

Transcript Highlights:
  • What it does is it modernizes the way that our circuit clerks are able to participate in retirement.
  • are able to participate in retirement. are able to participate in retirement.
  • So we have fairly limited capacity about what we can do to grow our industrial base in North Alabama.
  • It would allow them to retire at 62, 18 years' service, a 5-year look back.
  • I was going to let him do this one, but call the next bill. retire at 62, 18 years service, a 5year retire
FL

Florida 2026 Regular Session

Appropriations Jan 14th, 2026

Appropriations

Transcript Highlights:
  • Your springs restoration programs, your alternative water supply grant program at $60 million, as well
  • This program has been wildly successful.
  • Those must stay within the program according to the 340B program.
  • My understanding is the ADAP program is a federally regulated program that we receive hundreds of millions
  • It's earmarked for this program, only for this program, and for no other program.
Bills: S7010
Summary: The Senate Committee on Appropriations met to take up SB 7010 by Senator Mayfield, which would authorize Roth post-tax contribution options in state and local deferred compensation plans. The bill was briefly explained, received one appearance in support, had no debate, and was reported favorably by roll call vote. The committee then heard a lengthy presentation from the Governor’s Office of Policy and Budget on the governor’s recommended $117.4 billion “Floridians’ First Budget.” The presentation highlighted major spending areas including education, health care, public safety, transportation, environmental restoration, and economic development. Key proposals included increased FEFP funding for K-12 schools, teacher salary funding, higher education support, Everglades and water quality funding, emergency preparedness reserves, corrections staffing and pay increases, law enforcement recruitment bonuses, cybersecurity, and affordable housing and infrastructure investments. Members asked extensive questions about property tax reserve planning, litigation funding, emergency response fund balances and expenditures, the use of federal reimbursement for the Everglades detention facilities, the animal abuse hotline, Hope Florida, corrections staffing, and the proposed reduction in ADAP eligibility for HIV/AIDS medication assistance. A member of the public also testified at length about concerns that the ADAP changes would harm access to life-saving medications and alleged improper shifting of program funds. Committee members and the presenter acknowledged follow-up questions on several items, but no additional votes or formal actions were taken beyond the favorable report on SB 7010 and adjournment.
AL

Alabama 2026 1st Special Session

Alabama Senate Finance and Taxation Education Committee Mar 4th, 2026

Finance and Taxation Education

Transcript Highlights:
  • Currently, the Alabama Community College System, Alabama Fire College, and the University of South Alabama
  • completion of the EMS education program completion of the EMS education program and<00:16:40.000
  • c> in the federal tax credit program to in the federal tax credit program to fund<00:38:51.520> K<
  • Employees will pay the full actuarial cost as determined by the retirement system in Alabama.
  • > Alabama.
AL

Alabama 2025 Regular Session

Alabama Senate State Governmental Affairs Committee Apr 2nd, 2025

State Governmental Affairs

Transcript Highlights:
  • Senators, this day program in Senators, this day program in Sinclair County is a collaborative effort
  • into the program to be able to opt into the teacher retirement program, with the day program paying the
  • the employee, or is the day program absorbing... the employee, or is the day program absorbing the entire
  • That's all borne by the day program.
  • day program itself.
Bills: SB248, SB242, HB44, SB266, HB44
AL

Alabama 2025 Regular Session

Alabama House Fiscal Responsibility Committee Mar 19th, 2025

Fiscal Responsibility

Transcript Highlights:
  • They would respond, "Oh, you can't cut that; that's a good program." ...cut that; that's a good program
  • Program for three or four years.
  • So that affected how each community corrections program was being community corrections program was being
  • evaluation to ask those questions of whether or not you know you're retiring, why you're retiring, and
  • How best do we improve this program or this aspect, or this component of this program?
AL

Alabama 2026 1st Special Session

Alabama Senate Transportation and Energy Committee Apr 2nd, 2026

Transportation and Energy

Transcript Highlights:
  • The most likely immediate place to be reduced would be the ATRIP 2 program, the program created under
  • the Rebuild Alabama Act to provide grants to local governments.
  • areas of the ALDOT program. areas of the ALDOT program.
  • I've got lots more to say here, but I'll save it for the floor.
  • This will I'll save it for the floor.
Bills: HB542
AL

Alabama 2026 1st Special Session

Alabama Senate Finance and Taxation General Fund Committee Feb 11th, 2026

Finance and Taxation General Fund

Transcript Highlights:
  • or the Alabama AELIA to police who changes their address or not.
  • or the Alabama AELIA to police who changes their address or not.
  • ><00:12:38.959> uh<00:12:39.519> Aaliyah<00:12:40.160> to Alabama or the Alabama
  • um uh Aaliyah to Alabama or the Alabama um uh Aaliyah to police<00:12:41.279> who<00:12:41.600
  • This bill is for more law enforcement officers' retirement benefits. >> Yes, sir.
AL

Alabama 2025 Regular Session

Alabama House Ways and Means General Fund Committee Apr 16th, 2025

Ways and Means General Fund

Transcript Highlights:
  • post-retirement qualifying period for benefits for certain occupational diseases.
  • House Bill 556 concerns the employment of certain retired law enforcement officers.
  • . throughout the state in rural Alabama and other places.
  • participation in the supernumerary program and the employees' retirement system.
  • benefits. ...they cannot draw the ERS retirement that they qualified for.
OK

Oklahoma 2026 Regular Session

Banking, Financial Services and Pensions REVISED: HB1182 - Removed Feb 17th, 2026 at 03:00 pm

Banking, Financial Services and Pensions

Transcript Highlights:
  • program or system.
  • House Bill 4263 would allow a retired member of the Teacher's Retirement System of Oklahoma who becomes
  • So the deferred retirement option plan essentially says that when a member reaches retirement age, 20
  • House Bill 2193 is a COLA for state retirement systems.
  • House Bill 2193 is a COLA for state retirement systems.
AL

Alabama 2026 1st Special Session

Alabama House Ways and Means General Fund Committee Mar 18th, 2026

Ways and Means General Fund

Transcript Highlights:
  • I think this will be critical in expanding our ability to broaden this program throughout Alabama. replace
  • <00:26:26.080> nonprofit organization means an Alabama nonprofit organization means an Alabama
  • retirement systems as well.
  • It's really going to be a big boost to their federal retirement or their state retirement, and it doesn't
  • big boost to their their federal retire big boost to their their federal retire or<00:30:29.520>
AL

Alabama 2025 Regular Session

Alabama House State Government Committee Feb 19th, 2025

State Government

Transcript Highlights:
  • In our county, we have what's called a day program.
  • In our day program, employees want to opt in to the state retirement system, so... ...the state retirement
  • that system so that they can have state retirement benefits.
  • Because many of them are teachers, we employ them in that program as...
  • We just employ them in that program as opposed to them being employed through the school system.
Bills: SB39, HB165, HB189, HB44, HB44
ND

North Dakota 2025-2026 Regular Session

Senate Appropriations Apr 3rd, 2025 at 08:30 am

Appropriations

Transcript Highlights:
  • The prescription drugs that save their lives can be extremely expensive.
  • The prescription drugs that save their lives can be extremely expensive.
  • Section 4 applies to the Public Employees Retirement System, Uniform Group Insurance Program, or, for
  • the chair and vice chair, which of course Senator Bekkedahl is the vice chair of Employee Benefit Programs
Bills: SB2271, HB1216
Summary: The Appropriations Committee met with a quorum and took up three bills. House Bill 1216, dealing with prescription drug expense co-pay accumulators in health plans, was presented by Rep. Karen Carl’s, who explained it would prevent insurers from refusing to count third-party assistance toward deductibles for patients using high-cost, non-generic drugs. An amendment was offered to clarify effective dates, including a delayed January 1, 2026 start for PERS coverage. PERS testified that the amendment would align with its calendar-year benefit structure and likely reduce the fiscal note. The amendment was adopted 16-0, and the bill was set aside for further discussion later. House Bill 1199, creating a criminal justice data-sharing system and missing persons/missing Indigenous people task force, was introduced with a committee amendment changing the Attorney General reference to the Attorney General or designee. The committee noted the bill includes a $250,000 general fund appropriation for ongoing costs. The amendment passed 16-0, and the amended bill received a do pass recommendation by a 15-1 vote, with one no vote from Senator Magrum. House Bill 1531, appropriating $75,000 for an irrigation expansion study by the Agriculture Commissioner, was supported as a way to update older economic-impact studies on irrigation and assess opportunities for expansion. Members discussed its relationship to broader study pauses and the history of irrigation development in the state, including Garrison Diversion and remaining authorized acres. The bill passed 16-0. The committee then discussed scheduling for the coming week, noting a heavy bill load and plans for daily morning meetings before adjourning.