Video & Transcript Research : 'Teacher's Retirement System'
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AL
Alabama 2026 1st Special Session
Alabama Senate State Governmental Affairs Committee Feb 25th, 2026
State Governmental Affairs
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
LA
Transcript Highlights:
- House Bill 42 provides relative to the phased retirement program within the Teacher Retirement System
- Well, she's still paying into the retirement system, where he's still paying into the retirement system
- , right, are now going to be getting their full retirement benefit from the retirement system.
- 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
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
- TRS or become an active member of the Oklahoma Public Employees Retirement System.
- This bill affects the Oklahoma law enforcement employer retirement system.
- 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
AL
Alabama 2026 1st Special Session
Alabama House State Government Committee Jan 21st, 2026
State Government
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
LA
Transcript Highlights:
- HB 41, by Representative Vuit, provides relative to board membership of the firefighter retirement system
- Basically, I've had some members of the fire department who are part of the retirement system, with the
- Professional Firefighters' Retirement System.
- Currently, they do not have a voice at all on what goes on with the retirement system.
- I'm the General Counsel for the Firefighters Retirement System. Okay. And I'm talking about costs.
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
TX
Texas 89th Regular
Pensions, Investments & Financial Services Apr 23rd, 2025
Pensions, Investments & Financial Services
Transcript Highlights:
- Right now, the state's contribution to the teacher retirement system happens outside the foundation.
- Time, you have a small class of folks in the retirement system whose benefits are not being actuarially
- Fundamentally unfair for the educators of Texas to subsidize within their retirement system in a smaller
- We show you registered as Porter Wilson on behalf of the Employees Retirement System of Texas and show
- I'm just here as a resource witness if you have questions for the Employees 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 23rd, 2025
Pensions, Investments & Financial Services
Transcript Highlights:
- In the last legislative session, employees... ...with the Teacher's Retirement System received both a
- from the Employees Retirement System of Texas.
- We show you registered as Porter Wilson on behalf of the Employee Retirement System of Texas, testifying
- The stability of the Teacher Retirement System. That is correct, by about $13 million. Thank you.
- Unfortunately, it's the retirement system and the members of the trust fund that are subsidizing that
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
OK
Oklahoma 2026 Regular Session
Retirement and Government Resources REVISED Feb 17th, 2026 at 10:30 am
Retirement and Government Resources
Transcript Highlights:
- And so the state took them over and we funded that by borrowing money from the teacher's retirement system
- System Hazardous Duty Retirement Plan.
- into that system here in the police retirement system.
- I know the retirement systems are set normally at 7 and 7.5% annual returns and...
- I know that you are watching the dollars, and I know that our retirement system right now sits at $25
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
AZ
Transcript Highlights:
- Arizona State Retirement System. Thank you. Any questions for the bill sponsor? Seeing none, Mr.
- For the record, Jessica Thomas, legislative liaison for the Arizona State Retirement System.
- Again, for the record, Jessica Thomas, legislative liaison for the Arizona State Retirement System.
- House Bill 2092 allows a person to waive participation in the Arizona State Retirement System after age
- For the last time, Jessica Thomas, legislative liaison for the Arizona State Retirement System.
Keywords:
individual income tax, subtraction, Arizona Revised Statutes, retirement benefits, adoption costs, charitable contributions, health insurance, premium payment, Arizona State Retirement System, contingent annuitant, long-term disability, benefits limitations, disability compensation, social security, retirement system, elected officials, ASRS, eligibility waiver, age 65, education savings
Summary:
The committee first heard House Bill 2785, a tax conformity measure that would update Arizona statutes to conform to the Internal Revenue Code as of January 1, 2026, including retroactive provisions for tax year 2025. The sponsor and supporters said the bill would align state law with tax forms already issued by the Department of Revenue, provide certainty to filers, and deliver about $440 million in tax relief through provisions such as no tax on tips and overtime, a larger standard deduction, and a $6,000 senior deduction. Opponents argued the bill would significantly reduce state revenue, disproportionately benefit higher-income taxpayers, and should be considered alongside a broader budget plan. After debate and an amendment addressing retroactivity and foreign dividends, the committee approved HB 2785 on a 5-4 vote.
The committee then took up several Arizona State Retirement System and education savings bills. HB 2089 clarified the health insurance premium benefit subsidy for retirees and passed unanimously. HB 2090 changed the disability determination period for long-term disability benefits from 24 months within a five-year period to a straight 24-month period and passed 8-1. HB 2092 allowed employees over age 65 to waive ARS participation within 30 days of becoming eligible and also passed 8-1. HB 2477 conformed Arizona’s 529 education savings plan to federal law, including expanded uses and a permanent rollover to ABLE accounts and Roth IRAs; testimony supported the cleanup and simplification, but some members raised concerns about the Roth rollover and possible use of transferred ESA funds. HB 2477 passed 5-3 with one present vote, and the committee then adjourned.
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
- ...the funds that go into the retirement system? Representative, no, sir.
- system.
- 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
OK
Oklahoma 2026 Regular Session
Banking, Financial Services and Pensions Feb 10th, 2026 at 03:00 pm
Banking, Financial Services and Pensions
Transcript Highlights:
- House Bill 3313 has morphed into a fairly large retirement bill.
- I mean, so we're saying that retirement plans have no benefit.
- When they hit retirement age, oh, I'm perfect.
- Retirement best practices get you around 12% of retirement contribution.
- This is for the DC retirement plan. Thank you for The question. Any other?
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
AZ
Transcript Highlights:
- Senate Bill 1042 allows members of the state treasurer or a state retirement system to invest in virtual
- Chairman, members, Senate Concurrent Resolution 1033 encourages the Arizona State Retirement System and
- the Public Safety Personnel Retirement System to monitor digital asset exchange-traded funds and make
- System,' and then includes the one, two, and three paragraphs.
- I think that the legislature, with this bill, will be making clear that it wants retirement systems to
Keywords:
public funds, virtual currency, bitcoin, investment, Arizona Strategic Digital Asset Reserve Act, state treasurer, retirement system, state payments, cryptocurrency, Arizona law, payment methods, government transactions, tax lien, property tax lien, real property tax lien, foreclosure, right of redemption, redeem, excess proceeds, county abatement lien
Summary:
The House Ways and Means Committee considered a series of Senate bills and one concurrent resolution, with several measures involving virtual currency, county tax liens, tax conformity, and retirement system investments. The chair announced that Senate Bill 1503 would be held at the sponsor’s request and noted this was likely the committee’s last meeting of the session. The committee also heard testimony on Senate Bill 1042, which would allow state treasurer and retirement system funds to invest up to 10% in virtual currency holdings, and Senate Bill 1043, which would allow state agencies to accept virtual currency payments through agreements with providers. Members raised concerns about volatility and government involvement, but both bills were described as permissive rather than mandatory and were returned with due pass recommendations by 5-3 votes.
The committee then took up Senate Bill 1067, dealing with county cleanup assessments for blighted properties in unincorporated areas. Chairman Olson offered an amendment removing the bill’s property-tax-bill mechanism and instead preserving county liens so cleanup costs could survive a tax lien sale. County representatives and the County Supervisors Association supported the amended approach as a way to recover costs and make counties whole. The amendment was adopted unanimously, and the bill as amended passed 8-0. Senate Bill 1292, clarifying that the Public Safety Personnel Retirement System’s 5% voting-stock cap applies to publicly traded corporations, also passed with broad support after testimony from PSPRS.
Two tax-administration bills prompted extended debate. Senate Bill 1180 would direct the Department of Revenue to prepare tax forms based on conformity to the Internal Revenue Code unless the legislature enacts nonconformity; Chairman Olson’s amendment limited the presumption to provisions that reduce federal adjusted gross income or taxable income, reflecting concerns about automatic tax increases. The sponsor said the bill was meant to clarify legislative intent and prevent executive overreach, while several members said the amended version was materially different from the original. The amendment and the bill as amended both passed 5-3. Senate Bill 1221 would require DOR to notify the House Ways and Means and Senate Finance chairs before adopting new interpretations or applications of tax law that adversely affect taxpayers and to testify if hearings are held; an intent amendment was adopted, and the bill passed 5-3 amid debate over the meaning of “adversely.”
Finally, Senate Concurrent Resolution 1033, which encourages the Arizona State Retirement System and PSPRS to monitor digital asset exchange-traded funds and report on feasibility, risks, and benefits before the next session, was approved 5-3. Some members objected to the use of “encourage” and to the underlying cryptocurrency policy, while supporters said the resolution simply sought information and did not mandate investment. The committee then adjourned.
AL
Alabama 2026 1st Special Session
Alabama Senate Transportation and Energy Committee Apr 2nd, 2026
Transportation and Energy
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
KY
Kentucky 2025 Regular Session
Public Pension Oversight Board (4-28-25)
Transcript Highlights:
- It's uh good to be Retirement System.
- General Counsel for Teachers Retirement General Counsel for Teachers Retirement System.
- Again, does not affect the retirement system. The second one does here.
- funded as determined by the retirement funded as determined by the retirement systems<00:54:33.640
- <01:03:00.640>
and certainly the retirement system and certainly the retirement system and
Keywords:
Meeting Start: 00:00:01
Attendance Roll Call: 00:01:26
Approval of Minutes: 00:02:27
Investment, Cash Flow, and Legislative Update:
Bo Cracraft – Judicial Form Retirement System: 00:03:12
Ryan Barrow – Kentucky Public Pensions Authority: 00:21:52
Beau Barnes – Teachers’ Retirement System: 00:34:31
Adjournment: 01:07:25, 958, all
Summary:
The meeting opened with the Pledge of Allegiance and prayer, followed by a roll call confirming a quorum and approval of the prior minutes. A special guest, Dave Eager, was welcomed before the committee moved to presentations from retirement system officials.
Bo Craycraft, executive director of the Judicial Form Retirement System, gave a quarterly update on investment performance, asset allocation, and cash flow. He said the plans had held up well amid market volatility, with fiscal year-to-date returns above benchmark and long-term returns remaining strong. He explained that the plans are targeted to a 70% equity/30% fixed-income allocation, that some cash is being held for cash-flow management, and that negative cash flow is expected because of funding and contribution levels. He also said Senate Bill 183, dealing with proxy voting and economic analysis for certain votes, was not expected to materially affect the plans because of their small number of holdings and Bear Trust’s long-term investment approach.
Ryan Barrow and Erin Surrod then presented for the Kentucky Pension Authority. They reported positive quarterly performance across the retirement and insurance funds, though results varied by period and remained tied to broader market conditions. They said recent asset-allocation changes had been completed and the funds were now within target ranges. On cash flow, they noted some plans remained negative or near zero, with one plan benefiting from a large appropriation. In the legislative update, they described House Bill 30 as codifying an exclusion from pension-spiking calculations for across-the-board raises, and Senate Bill 10 as increasing retiree health insurance subsidies and changing employee health insurance contribution rules for certain CERS members beginning in 2026. They also said Senate Bill 183 would likely have limited impact, though the agency would review voting policies and incorporate any required economic-analysis procedures.
OK
Oklahoma 2026 Regular Session
Government Oversight REVISED - HB3852 -Added Mar 5th, 2026 at 10:30 am
Government Oversight
Transcript Highlights:
- Members, this bill requires our retirement systems to cast votes in line with their fiduciary duties,
- A lot of Retirement systems.
- system.
- system.
- 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
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 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
KY
Kentucky 2026 Regular Session
Public Pension Oversight Board 4-22-24
Keywords:
KY LRC YouTube, https://www.youtube.com/watch?v=nJCB8qaMd0k, 2026-06-21T07:17:07+00:00, 2.2.24, Data collected via generic collector engine, Meeting Start: 00:00:14
Attendance Roll Call: 00:00:22
Investment, Cash Flow, and Legislative Update:
Judicial Form Retirement System: 00:02:03
Kentucky Public Pensions Authority: 00:12:51
Teachers’ Retirement System: 00:36:25
Adjournment: 01:01:20, 958, all, 2.2.42, 2.1.47
OK
Oklahoma 2026 Regular Session
Retirement and Government Resources Feb 10th, 2026 at 10:30 am
Retirement and Government Resources
Transcript Highlights:
- What we want is real efficiencies and not a buddy system.
- Human nature's to get frustrated when there's no way to improve a system.
- retiring.
- The number of teachers that retire and get out of our system completely.
- So, there are six of these systems.
Keywords:
nondisclosure agreements, state employment, employee rights, transparency, government accountability, employee suggestions, cost savings, state agencies, incentives, performance awards, efficiency, Oklahoma Central Purchasing Act, state procurement, state purchasing, State Purchasing Director, Office of Management and Enterprise Services, OMES, exempt entities, purchasing exemptions, state contracts
AZ
Transcript Highlights:
- The Arizona State Retirement System administers a public pension program for qualified employees.
- Connolly to the Arizona State Retirement System. All right, Secretary, call the roll.
- For the record, Jessica Thomas, legislative liaison for the Arizona State Retirement System.
- For the record, Jessica Thomas, legislative liaison for the Arizona State Retirement System.
- If you as legislative liaison for the Arizona State Retirement System.
Keywords:
retirement benefits, health insurance, premium payment, Arizona State Retirement System, contingent annuitant, long-term disability, benefits limitations, disability compensation, social security, retirement system, elected officials, ASRS, eligibility waiver, age 65, property tax exemption, disability, veterans, widows, income limits, Arizona Revised Statutes
Summary:
The Senate Finance Committee met to consider several bills and two Arizona State Retirement System nominees. It first passed House Bill 2173, which allows taxpayers and tax officers to communicate electronically about proposed property tax corrections or claims, with an acknowledgement required when responses are sent electronically. The committee then recommended confirmation of Thomas J. Connolly and Charles Essex to the ASRS Board, both receiving unanimous or near-unanimous support after brief introductions and no substantive opposition.
The committee next approved several ASRS-related bills: House Bill 2089 clarifies that the ASRS health insurance premium subsidy applies only when coverage is not already subsidized; House Bill 2090 changes the disability definition tied to long-term disability benefits by removing the requirement that the 24 months occur within a five-year period; and House Bill 2092 shifts the 30-day waiver window for certain members age 65 or older from the date of hire to the date they become eligible to participate. All three passed on largely party-line or near-unanimous votes. The committee also passed House Bill 2120, with a technical amendment, allowing Social Security Administration disability determination letters to be used to certify eligibility for the property tax exemption for persons with disabilities.
House Bill 2693 drew the most debate. It revises Arizona’s bona fide association health plan and multiple employer welfare arrangement provisions to align with ERISA rather than the rescinded 2018 federal AHP rule, and an amendment added a feasibility study by the Arizona Department of Administration on state employee and school district health plans. Supporters argued the bill would expand affordable, voluntary coverage options for small businesses and increase buying power; opponents raised concerns about consumer protections, preexisting conditions, and the history of association health plans. The committee ultimately passed the bill as amended on a 5-1 vote.
Later, the committee passed House Bill 2138, which clarifies that workers’ compensation coverage for firefighters traveling directly to or from work applies to state, municipal, fire district, and fire authority firefighters. It also passed House Bill 2273, a one-time $300 income tax rebate for certain Pinal County residents funded from remaining escrowed transportation-related monies; members discussed whether the remaining funds should instead be directed to roads, but the bill advanced on a 3-2 vote. Finally, House Bill 2786 passed unanimously, exempting rental income from required college textbooks from transaction privilege tax under the personal property rental classification.