Transcript Highlights:

• Today is Monday, May 11, 2026, and this is a meeting of the Senate Committee on Retirement.
• Professional Firefighters' Retirement System.
• Currently, they do not have a voice at all on what goes on with the retirement system.
• They asked me to defer it last week. I did. We've worked on it.
• The retired members are elected.

Bills: HB41

Keywords: Firefighters' Retirement System, FRS, retirement board, board of trustees, firefighter pension, public pension, retirement system governance, active members, service credit, Professional Fire Fighters Association, PFFA, Louisiana Fire Chiefs Association, fire chiefs, retirees, beneficiaries, DROP, Deferred Retirement Option Plan, board elections, vacancies, Louisiana retirement law

Transcript Highlights:

• After retiring, I took a job as a 911 dispatcher and made it one week.
• center right here in Leon County, Tallahassee, and I oversee our employee behavioral health wellness program
• contribution rates paid by employers for each class of employees who participate in the Florida Retirement
• contribution rates paid by employers for each class of employees who participate in the Florida Retirement
• class will receive an alternative cost-of-living adjustment of 1.5 percent after five years of retirement

Bills: S0774, S7028, S7024, S7026

Keywords: mental health, first responders, employment benefits, 911 telecommunicators, nervous injuries, retirement, elected officials, Deferred Retirement Option Program, DROP, cost-of-living adjustment, trade secret, public records exemption, public meetings exemption, open government, sunset review, agency confidentiality, proprietary business information, proprietary confidential business information, confidential records, Florida public records law

Summary: The Committee on Governmental Oversight and Accountability met and first heard Senate Bill 774, which would extend workers’ compensation medical benefits for employment-related mental or nervous injuries to 911 public safety telecommunicators, even without a physical injury. The sponsor and several dispatchers, a clinician, and communications directors testified in support, describing repeated exposure to traumatic calls, chronic understaffing, and the need for mental health treatment and retention support. Senator DiCeglie and Chair Mayfield praised dispatchers’ work, and the bill was reported favorably by committee vote, with Senator McClain later recorded as voting yes on the bill. The committee then took up SPB 7028, a retirement bill that sets Florida Retirement System employer contribution rates beginning July 1, 2026, leaves the 3% employee contribution unchanged, allows certain elected officers to receive a DROP payout under specified conditions, and provides a 1.5% alternative cost-of-living adjustment for eligible special risk retirees. Firefighters, police, sheriffs, and chiefs’ groups spoke in support, emphasizing recruitment and retention. The committee voted to submit the proposal as a committee bill and reported it favorably. Finally, the committee considered SPB 7024 and SPB 7026, both open-government-related bills. SPB 7024 would repeal the current public records and public meeting exemption for cybersecurity information and consolidate agency-specific cybersecurity exemptions into one agency-wide exemption. SPB 7026 would repeal the current public records exemption for trade secrets held by an agency and similarly consolidate specific trade secret exemptions into one agency-wide exemption. Neither bill drew testimony or debate, and both were submitted as committee bills and reported favorably. The meeting then adjourned.

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.

Bills: HB1784, HB1245, HB1268, HB2116, HB2193, HB2206, HB1739, HB1889, HB1904, HB3172, HB4225, HB4352, HB3625, HB4263

Keywords: education reform, local control, student outcomes, curriculum changes, school funding, retirement, pension, public employees, Oklahoma Public Employees Retirement System, benefits, survivorship, contribution rates, disability retirement, deferred option plan, service credit, contributions, distributions, HB2116, Oklahoma Law Enforcement Retirement System, OLERS

Transcript Highlights:

• House Bill 42 provides relative to the phased retirement program within the Teacher Retirement System
• At some point, they would completely retire and draw full retirement benefits.
• So at this time, I'll defer the bill at this time. The opposition is deferred.
• Representative Brole on HB 1134, create the backdrop retirement option program within the Louisiana State
• What HB 1134 does is it attempts to give a backdrop benefit to any judge, or it's an optional retirement

Bills: HB17, HB21, HB24, HB41, HB42, HB45, HB1134, HB1237

Keywords: HB 17, District Attorneys' Retirement System, retirement system, reemployed retiree, reemployment, supplemental retirement benefit, service credit, benefit suspension, public retirement, district attorney, assistant district attorney, Louisiana District Attorneys' Association, employer reporting, annual report, retirement benefits, state employees, local funds, state funds, Municipal Employees' Retirement System, part-time retirees

Transcript Highlights:

• Members, Senate Bill 7010 is the Roth Contribution Plan deferred compensation program.
• Your springs restoration programs, your alternative water supply grant program at $60 million, as well
• 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

Keywords: Roth contributions, deferred compensation, retirement savings, Florida Statutes, tax benefits

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.

Transcript Highlights:

• It addresses and enhances the: drop or the deferred retirement option plan that is available to public
• just to make sure they: can elect this option.
• It improves retirement outcomes by adding better planning tools, investment options, and clearer payout
• When they hit retirement age, oh, I'm perfect.
• Retirement best practices get you around 12% of retirement contribution.

Bills: HB3041, HB4428, HB4429, HB1064, HB3265, HB3721, HB3028, HB3313, HB3588, HB3020

Keywords: credit card transactions, payment methods, service charge, consumer rights, financial regulation, public finance, pension, pension fund, retirement system, board of trustees, proxy voting, proxy proposal, shareholder vote, shareholder activism, fiduciary duty, pecuniary factors, nonpecuniary factors, ESG, environmental social governance, social goals

Transcript Highlights:

• 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 Alabama Department of Workforce will administer the program and will offer investment options such
• The program aims to provide a convenient, low-cost, and portable retirement savings vehicle without creating
• I go out of my mind if I retire. My idea of retirement... retire.

Bills: SB163, SB173, SB155, HB93, SB163, SB173, SB155, HB93

Keywords: State Auditor, property investigations, negligence, loss report, civil actions, Alabama Retirement Savings Program, state-facilitated retirement savings, auto-IRA, automatic enrollment, payroll deduction IRA, retirement savings access gap, private sector workers, small business retirement plan, portable retirement account, Roth IRA, traditional IRA, life-cycle fund, capital preservation fund, financial literacy, Department of Workforce

Bills: HB213, HB136, HB182, HB213, HB136, HB182

Keywords: HB213, Calhoun County, board of registrars, registrar compensation, county commission, local legislation, election administration, county general fund, expense allowance, officeholder compensation, public officials pay, county election officials, Alabama Code 45-8-110, Teacher's Retirement System, TRS, DROP, Deferred Retirement Option Plan, retirement benefits, teacher retirement, classroom teacher

Transcript Highlights:

• A lot of Retirement systems.
• However, it has since reduced retirement benefits.
• This is simply allows the Oklahoma Department of Career Tech to opt for the same retirement options as
• or pilot programs last no longer than 12 months.
• I only had one question: do they have the option of doing it like the teacher retirement system if they're

Bills: HB1739, HB1784, HB1889, HB2116, HB2206, HB3625, HB2939, HB3028, HB3265, HB3313, HB3413, HB3414, HB3415, HB3416, HB3417, HB3418, HB3420, HB3588, HB3748, HB3721, HB3852, HB4132, HB4263, HB4303, HB4311, HB4428, HB4429, HB4434

Keywords: retirement, law enforcement, disability benefits, pension system, Oklahoma, education reform, local control, student outcomes, curriculum changes, school funding, public retirement systems, pension, retirement benefits, cost-of-living adjustment, COLA, inflation adjustment, CPI-U, Consumer Price Index, firefighters pension, police pension

Bills: HB136, HB137, HB220, HB213, HB256, HB136, HB137, HB220, HB213, HB256

Keywords: Teacher's Retirement System, TRS, DROP, Deferred Retirement Option Plan, retirement benefits, teacher retirement, classroom teacher, Tier I, Tier II, public pension, pension reform, education employees, retirement system, sick leave, cost-of-living adjustment, COLA, beneficiary, lump-sum payout, rollover, service retirement

Transcript Highlights:

• House Bill 3721 by Kelly of the House and Fris of the Senate and act relating to retirement.
• children to elect a survivor benefit if they're unmarried public safety officer parent passes prior to retirement
• reading of the bill House Bill 3721 by Kelly of the House and Fris of the Senate and act relating to retirement

Bills: HB2936, HB2967, HB3627, HB3721, HB4132, HB4303, HB4478, HB4322, HB4227

Keywords: HB2936, children, child protection, adoption, Oklahoma Adoption Code, gestational carrier, gestational agreement, surrogacy, intended parent, preplacement home study, home study, prospective adoptive parent, foster placement, child abuse, child neglect, child sexual abuse, child sexual exploitation, lewd molestation, sex offender registry, Oklahoma Sex Offenders Registration Act

Transcript Highlights:

• So, again, um, the bill you actually have with you is for the Minnesota State Retirement System.
• So the Minnesota state retirement bill is basically the bill... And these jobs are super important.
• across state programs. across state programs.
• so far, most notably paid programs so far, most notably paid leave,<00:39:48.520> which<00:39
• <00:43:39.000> is individual applying for programs is individual applying for programs is

Bills: HF4074

Keywords: retirement, pension, public employees, MSRS, PERA, TRA, St. Paul Teachers Retirement Fund Association, police and fire, correctional employees, probation officers, telecommunicators, dispatchers, 911 operators, public safety answering point, PSAP, firefighters, volunteer firefighters, paid on-call firefighters, fire relief association, state aid

Transcript Highlights:

• retirement program that allows employees to combine service time earned when they move from one of the
• I started contributing to my retirement plan... Deferred Compensation Plan about seven years ago.
• savings. retirement savings.
• There are programs...
• There are other options. There are other options.

Bills: HB245, HB700, HB2783, HB3526, HB3900, HB4061, HB4124, HB4166, HB4395, HB4534, HB4609, HB4641, HB4736, HB4738, HB4739, HB4945, HB5015, HJR175, HB245

Keywords: military service, retirement, law enforcement, custodial officer, Employees Retirement System, commercial financing, brokers, registration, disclosures, finance, consumer protection, fees, deferred compensation, automatic participation, county employees, payroll deductions, retirement plans, fiscal transparency, local government, bond issuance

Transcript Highlights:

• I want an option. I have no option. I really can't do better. Bitcoins?
• I know I could choose not to participate, but then it’s really no option for me.
• So the whole system is designed to accommodate the rate program.
• Earlier, he was talking about his rewards program. Yes.
• And that had me thinking about my rewards programs.

Bills: HB245, HB245, HB700, HB2783, HB3526, HB3900, HB4061, HB4124, HB4166, HB4395, HB4534, HB4609, HB4641, HB4736, HB4738, HB4739, HB4945, HB5015, HJR175

Keywords: property tax, delinquent taxes, ad valorem, penalties, interest cap, military service, retirement, law enforcement, custodial officer, Employees Retirement System, commercial financing, brokers, registration, disclosures, finance, consumer protection, fees, deferred compensation, automatic participation, county employees

Transcript Highlights:

• We've talked a lot about programs to, you know, use these computers and use all the technology we've
• got to work on major maintenance and set programs together.
• <00:20:36.440> to, We've talked a lot about programs to, We've talked a lot about programs
• maintenance and set programs together. maintenance and set programs together.
• the School Foundation Program account. the School Foundation Program account.

Bills: HB0034, HB0035, HB0036, HB0106

Keywords: HB0034, Wyoming retirement system, Wyoming Retirement Act, firefighter retirement, public employee retirement, retirement benefits, state pension, wildland firefighting, wildland firefighter, crash and rescue, Wyoming National Guard, Office of State Lands and Investments, Wyoming Retirement Board, correctional forestry crew, correctional crew supervisor, correctional forestry crew manager, general fund appropriation, state agency employees, service credit, benefit eligibility

Bills: HB0034, HB0035, HB0036, HB0106

Keywords: HB0034, Wyoming retirement system, Wyoming Retirement Act, firefighter retirement, public employee retirement, retirement benefits, state pension, wildland firefighting, wildland firefighter, crash and rescue, Wyoming National Guard, Office of State Lands and Investments, Wyoming Retirement Board, correctional forestry crew, correctional crew supervisor, correctional forestry crew manager, general fund appropriation, state agency employees, service credit, benefit eligibility

Transcript Highlights:

• And this. programs.
• We have a current program in K-12.
• or in-state teacher-approved preparation programs that are known as the BOGO program, where you can
• enroll in the waiver program, because right now people don't know the program exists.
• This program?

Bills: S2500, S2502, S2504, S7028, S2506, S2508, S2510, S2512, S2514, S2516, S2518, S0482, S0678, S0984, S1016, S1074, S1706, S7030

Keywords: budget, appropriation, education funding, healthcare, environmental protection, infrastructure, local government, Appropriations Act, funding, education, rural development, economic assistance, collective bargaining, state employees, labor relations, impasse resolution, negotiations, retirement, elected officials, Deferred Retirement Option Program

Summary: The committee heard presentations on the Senate’s proposed 2026-2027 budget, SPB 2500, with chairs outlining major spending in K-12 education, higher education, health and human services, criminal and civil justice, transportation/tourism/economic development, and agriculture/environment/general government. Highlights included a $115 billion overall budget, pay raises for state employees and public safety workers, major K-12 funding increases and enrollment supplements, higher education workforce and nursing investments, expanded Medicaid/KidCare and behavioral health funding, corrections and law enforcement operational funding, transportation and housing investments, and significant environmental and water quality spending. Members asked about civic education funding, declining enrollment, professor retention, APD waiver waitlists, cultural grant allocations, and other line items. Public testimony also addressed HIV/AIDS drug assistance funding and prison air conditioning. SPB 2500 was adopted as a committee bill after amendment consideration and a roll call vote. The committee then took up implementing and related budget bills, including SPB 2502 (implementing the General Appropriations Act), SPB 2504 (state employee bargaining placeholder), SB 7028 (Florida Retirement System contribution rates and related retirement changes), SPB 2506 (fuel tax distributions), SPB 2508 (state agency law enforcement radio system surcharge), SPB 2510 (termination of an unused court trust fund), SPB 2512 (new judgeships), SPB 2514 (K-12 conforming changes), SPB 2516 (higher education conforming changes), and SPB 2518 (health conforming changes). Most were explained as technical or conforming measures tied to the budget, and all were reported favorably as committee bills, with SB 7028 amended to direct a portion of increased contributions to disability and line-of-duty death benefits in the FRS investment plan. The committee also heard and passed several member bills, including CS for SB 1074 on rounding rules for cash transactions in a world without pennies, CS for SB 678 restoring the alcohol loss deduction framework for distributors, and SB 964 on firefighter cancer benefits and prevention. SB 964 drew the most discussion, with questions about the one-year death-benefit window, the separate $25,000 cancer diagnosis payment, and whether the bill could create gaps in coverage for firefighters diagnosed or dying just outside the new time limits. Firefighter representatives testified in support, saying the bill would provide clearer protections for members and families. All of these measures were reported favorably.

Transcript Highlights:

• HB 127 will be deferred. That is Representative Dizotale's bill. HB 2007 will be deferred.
• program.
• retirement option program in the Sheriffs' Pension and Relief Fund.
• The back Deferred Retirement Option Program in the Sheriffs' Pension and Relief Fund.
• Three retired sheriffs, three active deputy sheriffs, and three retired deputy sheriffs.

Bills: SB25, SB250, HB22, HB27, HB33, HB47, HB233, HB290, HB308, HB324, HB382, HB533, HB559, HB575, HB980, HB1157, HB1207, HB1236, HCR45

Keywords: registrar of voters, parish registrar, chief deputy registrar, confidential assistant, election administration, elections, salary schedule, compensation, merit evaluation, population-based pay, census-based pay, Department of State, Secretary of State, State Board of Election Supervisors, redistricting, senate districts, Senate District 33, Senate District 34, Senate District 35, precincts

Transcript Highlights:

• this allows for the last several years of working for the employee not to do their part of the retirement
• Yes, the employer will pay in once they elect the retirement and elect to be part of the DROP.
• piggyback off the question from Representative Olsen, are they getting the full benefit of that retirement
• So when they elect for the DROP, they will effectively retire after a minimum of 20 years.

Bills: HB1268, HB3041, HB3075, HB3378, HB3463, HB3619, HB3620, HB3624, HB3722, HB4335

Keywords: retirement, public employees, deferred option plan, service credit, contributions, distributions, credit card transactions, payment methods, service charge, consumer rights, financial regulation, rounding, cash payments, public finance, Oklahoma Common Cents Act, political subdivision, science and technology, research, board appointments, emergency legislation

Transcript Highlights:

• Both the union and the Retired Firefighters Association support this bill, and most active and retired
• The bill creates a supplemental retirement program within the TRS for peace officers who serve in public
• A peace officer with at least 25 years of service under this program can retire regardless of age, or
• The bill establishes a dedicated supplemental retirement program fund within TRS.
• I need to have a retirement that allows me to retire earlier and then look for a second pension."

Bills: HB886, HB1514, HB2434, HB2688, HB2802, HB3161, HB3221, HB4029, HB4339, HB4591, HB4774, HB4802, HB4853, HB5627, SB1737

Keywords: retirement, supplemental payment, benefits, Employees Retirement System, eligible annuitants, legislation, annuity, service credit, Employees Retirement System of Texas, employee benefits, pension reform, public retirement systems, municipality pensions, firefighters, police officers, retirement age, DROP program, actuarial studies, pension benefits, municipal retirement