Video & Transcript Research : 'phased retirement'

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LA

Louisiana 2026 Regular Session

Retirement May 5th, 2026

Retirement

Transcript Highlights:
  • House Bill 42 provides relative to the phased retirement program within the Teacher Retirement System
  • retirement.
  • This bill doesn't create phased retirement. It allows universities to do that on their own.
  • At some point, they would completely retire and draw full retirement benefits.
  • Employees Retirement System.
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
  • Drop to their pension retirement, similar to firefighters and FOP.
  • 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.
LA

Louisiana 2026 Regular Session

Retirement Apr 29th, 2026

Retirement

Transcript Highlights:
  • Okay, members, today is 10/29/26, and this is the hearing of the Retirement Committee.
  • across the public retirement system from 16 to 12 hours.
  • This reduction will also assist the smaller retirement system. Ms. Michelle.
  • I'm the director of the Teacher's Retirement System.
  • Municipal Employee Retire. All right. I'll have staff read in.
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.
MN

Minnesota 2025-2026 Regular Session

House Ways and Means Committee 5/18/25

Ways and Means

Transcript Highlights:
  • And there was also giving a 2% base increase in benefit to those who retired on or after December 31st
  • base increase in benefit to<00:05:00.320> those<00:05:00.479> who<00:05:00.720> retired
  • <00:05:01.280> on<00:05:01.520> or<00:05:01.840> after to those who retired
  • on or after to those who retired on or after December<00:05:02.720> 31st<00:05:03.280> of
  • c> teachers the section that is titled the teachers the section that is titled the teachers retirement
Bills: SF2884, HF1889
LA

Louisiana 2026 Regular Session

Retirement May 11th, 2026

Retirement

Transcript Highlights:
  • Today is Monday, May 11, 2026, and this is a meeting of the Senate Committee on Retirement.
  • HB 41, by Representative Vuit, provides relative to board membership of the firefighter retirement system
  • Professional Firefighters' Retirement System.
  • Currently, they do not have a voice at all on what goes on with the retirement system.
  • The retired members are elected.
Bills: HB41
TX

Texas 89th Regular

Pensions, Investments & Financial Services Apr 23rd, 2025

Pensions, Investments & Financial Services

Transcript Highlights:
  • Both the union and the Retired Firefighters Association support this bill, and most active and retired
  • I need to have a retirement that allows me to retire earlier and then look for a second pension."
  • Law enforcement agencies offer competitive retirement packages, including 20 or 25-year retirements,
  • House Bill 4029 changes this by providing a supplemental retirement pathway with in the teacher retirement
  • I've retired. I'm a senior judge now.
TX

Texas 89th Regular

Pensions, Investments & Financial Services Apr 23rd, 2025

Pensions, Investments & Financial Services

Transcript Highlights:
  • Stated simply, if a state trooper retired in 2001 with a $3,000 a month retirement, that trooper's retirement
  • We represent active and retired members.
  • Since I retired, that was part of the agreement that I had.
  • 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.
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
  • DROP stands for Deferred Retirement Option Program, which allows a person to defer retirement when they
  • So that means you can retire and keep working. That's correct.
  • ...the funds that go into the retirement system? Representative, no, sir.
  • And gives retirees appropriate control over their own retirement benefits.
OK

Oklahoma 2026 Regular Session

Retirement and Government Resources REVISED Feb 17th, 2026 at 10:30 am

Retirement and Government Resources

Transcript Highlights:
  • The committee on retirement and government sources shall convene.
  • And maybe even phase it in after that.
  • That when they retire, money goes into the Plan B account.
  • System Hazardous Duty Retirement Plan.
  • into that system here in the police retirement system.
AL

Alabama 2025 Regular Session

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

Finance and Taxation General Fund

Transcript Highlights:
  • fund their retirement put a massive strain on social services.
  • to be able to retire.
  • I go out of my mind if I retire. My idea of retirement... retire.
  • I don't think this fixes retirement as a workforce...
  • have anything... ...retire, you don't have anything.
TX

Texas 89th Regular

Pensions, Investments & Financial Services Apr 14th, 2025

Pensions, Investments & Financial Services

Transcript Highlights:
  • Of 62 to be eligible to retire, regardless of their years of service.
  • through the Employees Retirement System of Texas.
  • I'm also a proud participant in our county's retirement plan.
  • Considering this legislation, it's more than a retirement bill.
  • savings. retirement savings.
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?
AZ

Arizona 2026 Regular Session

03/25/2026 - House Ways & Means

Ways & Means

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
  • I think that the legislature, with this bill, will be making clear that it wants retirement systems to
  • Cryptocurrency is extremely volatile, and it is not something that we should be risking the retirements
DE

Delaware 2025-2026 Regular Session

House Appropriations Committee Meeting Jun 23rd, 2026

Appropriations

Transcript Highlights:
  • It allows married couples filing jointly, where both spouses have been in the military and both retired
  • actually is dwarfed by the annual savings for retirees based on retirees getting a job when they retire
  • I retired on active duty in 2006.
  • I retired on active duty in 2006.
  • Delaware is a retirement state. The majority of the people that live here are retired.
Bills: SB219, SB9
Summary: The House Appropriations Committee met to hear several bills, with members repeatedly reminded to focus on fiscal impacts rather than policy merits. The committee first considered SB 9 on freshwater wetlands, which would combine tidal and non-tidal wetlands programs into one permitting framework; supporters said the bill resulted from a two-year consensus process and that the governor’s office and DENREC would absorb a significant share of the cost. Public testimony was largely supportive, emphasizing flood control and ecosystem services, though one speaker opposed the spending. The committee voted to release SB 9. The committee then heard SB 278 on child care assistance, which would preauthorize summer camp for eligible school-age children and create a separate lower co-payment for half-day care. The sponsor and the YMCA of Delaware said the change would better align family co-pays with provider reimbursement and make before- and after-school care more affordable for working families. The committee also released SB 278, SB 168 on alcohol delivery for package stores, SB 120 on health insurance coverage for certain testing and treatment, and HB 4, a pilot program for artificial intelligence and extended reality in schools; HB 4 was described as having a near-$3 million fiscal note and a one-year implementation delay because it was not funded in the budget. Later, the committee approved SB 219, which gradually increases the military pension income tax exclusion from $12,500 to $25,000 over three years and includes related joint-filing and residency changes. Supporters argued it would help attract and retain military retirees and bring federal dollars into the state. The committee also released SB 1, a major primary care reform bill that would increase primary care spending and implement hospital payment reforms, with projected long-term savings to the state employee health plan, and SB 325, which expands background checks and wrap-back monitoring for fire service personnel and adds an investigator position for the Fire Prevention Commission. In each case, public commenters and committee members generally supported the bills, and all were released from committee by recorded vote.
AZ

Arizona 2026 Regular Session

02/04/2026 - House Ways & Means

Ways & Means

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.