Video & Transcript Research : 'Employees Retirement System of Texas'
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TX
Texas 89th Regular
Pensions, Investments & Financial Services Apr 23rd, 2025
Pensions, Investments & Financial Services
Transcript Highlights:
- Fund and the City of Austin Employees Retirement Fund.
- Texas Municipal Retirement System with greater flexibility in determining their employee contribution
- Fundamentally unfair for the educators of Texas to subsidize within their retirement system in a smaller
- in the state of Texas for whom it is fundamentally unfair. whom the teacher retirement system exists
- We show you registered as Porter Wilson on behalf of the Employees Retirement System of Texas and show
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
TX
Texas 89th Regular
Pensions, Investments & Financial Services Apr 23rd, 2025
Pensions, Investments & Financial Services
Transcript Highlights:
- I'm also a former state employee, a retired state employee with over 35 years of service, and I retired
- from the Employees Retirement System of Texas.
- We show you registered as Porter Wilson on behalf of the Employee Retirement System of Texas, testifying
- employee salaries to the Teacher Retirement System.
- to fund the overall wealth of the Teacher Retirement System?
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
TX
Texas 89th Regular
Pensions, Investments & Financial Services Apr 28th, 2025
Pensions, Investments & Financial Services
Transcript Highlights:
- It applies to participants in the employee's retirement system, the teacher retirement system, and the
- We see you registered as Blaze Durand on behalf of the Employees Retirement System of Texas, and you
- these kinds of pension systems, they're correct.
- state funds to pay for the obligations of a local public retirement system.
- not liable for any debts or other obligations of a local retirement system.
Keywords:
healthcare, direct primary care, insurance deductibles, Texas Health Benefit Plans, telemedicine, police retirement, disability pension, municipalities, law enforcement, retirement benefits, retirement, beneficiary, Employees Retirement System of Texas, divorce decree, beneficiary designation, Veterans' Land Board, general obligation bonds, constitutional amendment, veterans, housing assistance
LA
Transcript Highlights:
- Employees Retirement System of Louisiana.
- adjustments for the registrars of voters' employees' retirement system.
- Retirement System of Louisiana.
- Retirement System of Louisiana.
- And yes, this is a cleanup bill. ...of the Municipal Employees Retirement System.
Bills:
SB8, SB10, SB11, SB12, SB13, SB14, SB16, SB17, SB18, SB20, SB21, SB22, SB416, SB455, SB456, SB477
Keywords:
Municipal Employees' Retirement System, Louisiana, participation, employer, retirement, SB 10, Act 222, Louisiana State Police Retirement System, state police retirement, retirement system funding, employer contributions, actuarial gains, amortization, Permanent Benefit Increase, PBI account, benefit increase reserve, supplemental permanent benefit increase, public retirement systems, state pension, pension funding
Summary:
The Retirement Committee met on April 29, 2026, established a quorum, and heard a series of retirement-related bills, mostly cleanup or technical measures affecting various public retirement systems. SB 22 would extend Municipal Employees Retirement System eligibility to certain positions in the Second City Court constable’s office in New Orleans. SB 17 would create a funding deposit account for cost-of-living adjustments for registrars of voters’ employees’ retirement system. SB 455 would allow certain district and parish courts to participate in the Parochial Employees Retirement System. SB 456 would update compensation rules for assigned retired judges, and SB 8 would add the Louisiana Asset Management Pool as a participating employer in MERS. All of these bills were described as aligning statutes with current practice or expanding participation options, and each was reported favorably without objection.
The committee also heard several Louisiana State Police retirement bills. SB 10 would repeal outdated priority allocation and retiree raise rules and adjust handling of surplus employee contributions; SB 11 would increase the funding cap for benefit increases from 2.5% to 3.5%; and SB 12 would update membership and definition language to reflect the State Police Commission rather than the Civil Service Commission. SB 18 would repeal a special exception allowing certain MERS retirees to return to part-time work while collecting full benefits, while protecting roughly 30 current participants. SB 20 and SB 21 would update actuarial gain/loss and unfunded liability funding rules for school employees’ retirement and LASERS, respectively, in light of the new permanent benefit increase funding structure. Each of these bills was supported by system officials as cleanup or modernization measures and was reported favorably.
The committee spent the most time on education and return-to-work issues for teachers and public employees. SB 16 would reduce annual trustee training requirements for retirement system boards from 16 hours back to 12 hours, which witnesses said would better fit smaller systems and match the original intent of the law. SB 13 would similarly update TRSL’s actuarial funding rules after the sunset of the experience account. SB 14, based on a 2025 study work group, would consolidate and simplify TRSL return-to-work rules and expand options for retired teachers, with witnesses emphasizing teacher shortages and the need to retain experienced educators. All three were reported favorably. Finally, SB 416 would allow certain Department of Public Safety and Corrections retirees to return to critical shortage positions after one year, and SB 477 would classify the chairman of the Louisiana Gaming Control Board as a full-time state employee for retirement purposes. Both bills drew questions and discussion, especially SB 416, and both were reported favorably. The chair announced the committee’s next meeting would be moved from Monday to Tuesday, and the meeting adjourned.
OK
Oklahoma 2026 Regular Session
Retirement and Government Resources REVISED Feb 17th, 2026 at 10:30 am
Retirement and Government Resources
Transcript Highlights:
- of all Oprah's and in two different retirement systems.
- Of new employees, of new employees, not existing employees in the system. Further questions, N.
- the Office of Juvenile Affairs to become members of the Oklahoma Public Employees Retirement System
- the retirement into that system here in the police retirement system.
- The net of a person coming into the system versus a person coming out of the system.
Bills:
SB134, SB1356, SB1407, SB1611, SB1639, SB169, SB1722, SB182, SB1870, SB2039, SB432, SB609, SB715, SB716
Keywords:
retirement, public employees, reemployment, benefit adjustment, Oklahoma Public Employees Retirement System, state government, OMES, Office of Management and Enterprise Services, Department of Labor, Department of Veterans Affairs, Department of Rehabilitation Services, civil service, human capital management, state employee disputes, whistleblower, veterans employment, veterans placement, fleet management, state fleet, motor vehicles
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:
- House Bill 4263 would allow a retired member of the Teacher's Retirement System of Oklahoma who becomes
- remain a member of TRS or become an active member of the Oklahoma Public Employees Retirement System.
- TRS or become an active member of the Oklahoma Public Employees Retirement System.
- My name is Dwayne Michael, the executive director of the Oklahoma Law Enforcement Retirement System.
- the retirement system.
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
LA
Transcript Highlights:
- employees in the municipal police employee retirement system.
- and Municipal Police Employees Retirement System.
- their retirement benefit and coming back into the retirement system for a short period of time.
- I'm the director of the Teacher's Retirement System.
- Employees Retirement System.
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
TX
Texas 89th Regular
Pensions, Investments & Financial Services Apr 14th, 2025
Pensions, Investments & Financial Services
Transcript Highlights:
- It allows eligible members of the Employees Retirement System, known as ERS, to apply military service
- through the Employees Retirement System of Texas.
- You registered as Robin Hardaway, excuse me, on behalf of the Employee Retirement System.
- for employees of 941 cities throughout Texas.
- We show you registered as Debbie Munoz on behalf of the Texas Municipal Retirement System, and you are
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
TX
Texas 89th Regular
Pensions, Investments & Financial Services Apr 14th, 2025
Pensions, Investments & Financial Services
Transcript Highlights:
- On behalf of the Independent Bankers Association of Texas, you're testifying against the bill.
- Despite the fact that every member of the Independent Bankers Association of Texas is exempt from its
- merchants and Texas consumers to the benefit of the rest of the industrialized world.
- On behalf of the Independent Bankers Association of Texas, you're here to testify.
- system, making doing business in Texas clunky.
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
TX
Texas 89th Regular
Pensions, Investments & Financial Services Mar 31st, 2025
Pensions, Investments & Financial Services
Transcript Highlights:
- We show you registered as Beeman Floyd on behalf of the Texas Association of School Administrators, and
- We show you registered as Katrina Daniel on behalf of the Texas Retirement Teacher... ...system of Texas
- It's one of the only retiree health care funds of its kind in Texas, and it's a reason... and it's a
- practices and performance of certain public retirement systems.
- Currently, statute requires Texas Public Retirement Systems.
Keywords:
gift card fraud, counterfeit gift card, gift card tampering, gift card theft, prepaid card, stored value card, retail fraud, financial crimes, consumer protection, organized retail crime, gift card skimming, magnetic stripe, chip card, redemption information, gift card packaging, Penal Code, felony theft, state jail felony, third-degree felony, second-degree felony
AL
Alabama 2025 Regular Session
Alabama Senate Finance and Taxation General Fund Committee May 1st, 2025
Finance and Taxation General Fund
Keywords:
state employees, meal allowance, per diem, travel expenses, Alabama law, HB542, district attorney, prosecutor, supernumerary district attorney, Employees' Retirement System, ERS, Alabama retirement, public employee retirement, pension, retirement benefits, post-retirement employment, salary cap, dual participation, double dipping, District Attorneys' Plan
AL
Alabama 2026 1st Special Session
Alabama Senate Transportation and Energy Committee Apr 2nd, 2026
Transportation and Energy
Transcript Highlights:
- I introduced this piece of legislation last year, kind of in the second half of the session, and then
- The private right-of-ways right-of-ways.
- areas of the ALDOT program. areas of the ALDOT program.
- Department of Transportation. Department of Transportation.
- . right-of-way. right-of-way.
Bills:
HB542
Keywords:
HB542, district attorney, prosecutor, supernumerary district attorney, Employees' Retirement System, ERS, Alabama retirement, public employee retirement, pension, retirement benefits, post-retirement employment, salary cap, dual participation, double dipping, District Attorneys' Plan, assistant district attorney, deputy district attorney, state pension, survivor benefits, Office of Prosecution Services
TX
Transcript Highlights:
- the Texas Municipal Retirement System with greater flexibility in determining employee contribution
- helps ensure that the Texas Municipal Retirement System (TMRS) remains a viable and attractive system
- I don't see any questions, but we have a resource witness from the Texas Municipal Retirement System.
- Municipal Retirement System from the employee.
- It's a new tier established under the Texas Teachers Retirement System in 2014.
Keywords:
Texas Future Fund, investment review board, economic stabilization, innovative technology, national defense, retirement, service credit, Employees Retirement System of Texas, employee benefits, pension reform, salary supplement, county judges, judicial functions, state law, government compensation, public retirement systems, municipality pensions, firefighters, police officers, retirement age
AL
Alabama 2026 1st Special Session
Alabama House Ways and Means Education Committee Jan 20th, 2026
Ways and Means Education
Transcript Highlights:
- 1st of January 2026 2026 2026 if<00:05:02.960>
you <00:05:03.199>retire <00:05:03.520> the state of Alabama and a variety of the state of Alabama and a variety of other<00:09:55.120><- 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
- The University of Alabama system may do that.
Keywords:
inhalants, controlled substances, butyl nitrite, nitrous oxide, amyl nitrite, health, public safety, pregnancy, pregnant defendant, incarceration, jail intake, pregnancy test, bail, pre-incarceration probation, supervised probation, electronic monitoring, electronic supervision, perinatal care, prenatal care, maternal health
TX
Transcript Highlights:
- The state of Texas is home to over one million veterans.
- the Texas Coalition of Veterans Organizations.
- Currently, statute requires Texas public retirement systems to select an independent third party to complete
- and Space Economy Consortium with the goal of maintaining the prominence of the State of Texas in Aerospace
- the Administration of Contributions to and Benefits under Retirement Systems for Firefighters in certain
Keywords:
SB 524, Texas franchise tax, veteran-owned business, new veteran-owned business, business tax exemption, filing fee exemption, Tax Code Chapter 171, Business Organizations Code, Comptroller, small business, veterans, entrepreneurship, tax repeal, privilege tax, beginning date, franchise tax exemption, severance tax, oil, gas, restimulation wells
TX
Transcript Highlights:
- Support of Senate Bill 1355 on behalf of the Texas Distilled Spirits Association and of myself.
- So, and I haven't looked at those sections, but so if some other out-of-state buyer of a Texas winery
- based outside of Texas.
- Unlike in the rest of the U.S., Sazerac's ownership of Buzz Balls is prohibited in Texas due to that
- of situation. of Texas bubble without changing this problem in the statute, specifically.
Keywords:
immigration enforcement, ICE agreements, sheriff grants, law enforcement, county jail, federal immigration law, China, Chinese-affiliated entities, Chinese military companies, People's Republic of China, Chinese Communist Party, divestment, state pension funds, public retirement systems, Teacher Retirement System, Employees Retirement System, Permanent School Fund, Texas Comptroller, foreign investment, national security
TX
Transcript Highlights:
- Wholesalers of Texas, and the Texas Alcoholic Beverage Commission.
- I'm here to testify in support of Senate Bill 1355 on behalf of the Texas Distilled Spirits Association
- to Sasa, a company based outside of Texas.
- Firm Forge, our winery, is one of the largest in Texas.
- Biggest success story of any wine business in Texas ever.
Keywords:
immigration enforcement, ICE agreements, sheriff grants, law enforcement, county jail, federal immigration law, China, Chinese-affiliated entities, Chinese military companies, People's Republic of China, Chinese Communist Party, divestment, state pension funds, public retirement systems, Teacher Retirement System, Employees Retirement System, Permanent School Fund, Texas Comptroller, foreign investment, national security
Summary:
The Senate Committee on State Affairs resumed consideration of several pending bills, first taking up Senate Bills 667, 1349, 1585, and 2312. After inviting testimony had already been heard, no members of the public came forward to testify on any of those measures, and the committee closed public testimony and left all four bills pending.
The committee then heard Senate Bill 1355, which Senator Parker explained as a committee substitute aimed at helping Texas distillers recover unpaid invoices from wholesalers. The substitute would require distillers to invoice at the time of purchase, send a demand letter if payment terms are violated, and allow complaints to be filed with the Texas Alcoholic Beverage Commission, which could determine an appropriate penalty based on the facts. Natasha Dehart of Bent Distilling Company testified in support, describing serious cash-flow problems and unpaid invoices from a Texas wholesaler that had forced layoffs, late vendor payments, and operational strain. No one testified against the bill, and it was left pending.
The committee also heard Senate Bill 1378, a narrowly tailored local bill for a Carrollton facility recently acquired by Sazerac that employs more than 1,000 Texans. Senator Parker said the bill would create a limited exemption to avoid forcing the company to shut down or move because of current permit restrictions, while preserving the three-tier system and preventing the company from selling wine to itself. A Texas Alcoholic Beverage Commission resource witness said the bill was drafted so it would not open the door to broader industry changes. Mason Moreland testified against the bill as filed, arguing it gave special treatment to one company and failed to address broader problems in the wine industry, including direct-to-consumer sales and permit issues. After questions from senators, public testimony closed and SB 1378 was left pending. The committee then recessed subject to the call of the chair.
OK
Oklahoma 2026 Regular Session
Banking, Financial Services and Pensions Feb 10th, 2026 at 03:00 pm
Banking, Financial Services and Pensions
Transcript Highlights:
- to be part of a hedge fund.
- Retirement best practices get you around 12% of retirement contribution.
- or some lifetime consideration of some kind of lifetime income as part of the DC plan, so that it becomes
- One of those is the assignment for the benefit of creditors.
- It also provides some immunities to the employees of those institutions and the institutions for acting
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
AL
Alabama 2025 Regular Session
Alabama Senate Fiscal Responsibility and Economic Development Committee Apr 1st, 2025
Fiscal Responsibility and Economic Development
Keywords:
Jefferson County, pistol permit, gun permit, firearm license, concealed carry, carry permit, sheriff, permit fee, local bill, county revenue, school funding, school security, retirement system, Sheriff's Fund, legislative delegation office fund, Gardendale, Birmingham, firearms regulation, Second Amendment, local government finance
HI
Transcript Highlights:
- Kurt Lager, Chief of the Honolulu Ocean Safety Department of the City and County of Honolulu.
- chain of survival. chain of survival.
- First to testify on Zoom, Deborah Hubbard, VP for Academic Strategies for the University of Hawaii System
- chance of survival. chance of survival.
- of Hawaii System, in the University of Hawaii System, in support. support. support.
Bills:
HCR112
Keywords:
HCR112, House Concurrent Resolution, DHRD, Department of Human Resources Development, civil service, classification system, compensation system, salary study, pay scale, job classification, position classification, state workforce, vacancy rate, hard-to-fill positions, labor shortage, recruitment, retention, public employees, state agencies, labor organizations