Transcript Highlights:

• , his wife would get a portion of his retirement.
• So the retirement board, we talked to them, and it’s not something a retirement board can do without
• so that I can retire with retirement plus at the age of 55.
• The next one is Senate Bill 2939, an act relative to the appointment of retired police officers as special
• police officers in the town of Dayton.

Bills: H5159, H5110, H3900, H5054, H5034, H4977, S2939, H4747, S2942, H4742, H4698

Keywords: retirement, teachers, service credit, superannuation, Massachusetts Teachers' Retirement System, Petersham, police employment, age requirement, public service, retirement benefits, retirement age, special police officers, Kingston, public safety, law enforcement, pre-employment examinations, disability retirement, record maintenance, Peabody, local government

Transcript Highlights:

• I don't want to retire yet.
• I spent three years in a municipality, 30 years with New Hampshire State Police, retired as a captain
• Yeah, I have to retire in a couple of weeks.
• Thank you for hearing my issue with my retirement from the Massachusetts Retirement System, MTRS.
• retirement.

Bills: S3044, S3031, S3017, H5189, H5246, H5297, H5248, H5359

Keywords: retirement benefits, teachers' retirement system, creditable service, public education, emergency law, sick leave bank, leave donation, personal days, vacation days, extended illness leave bank, public employee, county sheriff, Worcester County Sheriff's Office, personnel bill, employee leave, disability leave, illness leave, compassionate leave, Massachusetts public service, police recruitment

Transcript Highlights:

• Margaret Michelle, Executive Director of the Louisiana State Police Retirement System.
• Senate Bill 11 accelerates the debt payment and retirees for the Louisiana State Police Retirement System
• Margaret Michelle, Executive Director, Louisiana State Police Retirement System. I have Ms.
• Margaret Michelle, Executive Director, Louisiana State Police Retirement System, this would increase
• Margaret Michelle, Executive Director, Louisiana State Police 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.

Transcript Highlights:

• 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.
• For police, $665,000. OLERS is $156,000.
• House Bill 1889 is a catch-up for police and fire employees. For police and fire employees.

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 4263 would allow a retired member of the Teacher's Retirement System of Oklahoma...
• 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 and
• House Bill 2193 is a COLA for state retirement systems.
• The 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

Summary: The Banking, Financial Services and Pensions Committee heard a series of retirement, banking, and school finance bills after announcing that several measures would be laid over or sent back to Rules and that the committee would recess briefly because of quorum and scheduling conflicts. The chair also explained the committee’s OPLA/safe-harbor process for pension bills and noted that many of the measures would still need oversight and floor consideration. Among the bills advanced were HB 1245, allowing certain DHS CLEET-commissioned agents to join the law enforcement retirement system; HB 4352, helping people refinance homes or businesses while protecting lenders; HB 4263, giving certain retired teachers who go to work for CareerTech a choice between TRS and OPERS; HB 1268, creating a five-year DROP option for EMTs and county sheriffs in OPERS; HB 1739, reinstating a half-pay provision in the law enforcement retirement system for OHP recruitment and retention; HB 2116, expanding OLERS eligibility to certain Office of State Fire Marshal officers; HB 2206, allowing newly hired school resource officers into OLERS; HB 3625, expanding school district investment options; HB 1889, providing a catch-up COLA for older police and fire retirees; and HB 1784, requiring TRS’s assumed rate of return not fall below its past 20-year annualized return. HB 3172, the “Fair Banking Act,” would restrict adverse actions by very large financial institutions based on lawful economic activity and require explanations on request; members asked whether it would affect Oklahoma banks and whether it mirrored a presidential executive order. HB 2193 proposed a COLA for state retirement systems with caps on eligible benefits and salaries, and members raised concerns about differing actuarial estimates and the need for more work before oversight. Most bills were reported out by committee votes ranging from 8-0 to 4-3. The chair and members repeatedly noted that several measures, especially the pension bills, would need further work with actuaries and oversight committees. The meeting ended with a brief acknowledgment of committee staff and support personnel before adjournment.

Transcript Highlights:

• departments, and the municipal police retirement system.
• retirement.
• Jason DeMarco, Deputy Chief of Police for the City of Greater Police Department.
• Retirement System.
• At some point, they would completely retire and draw full retirement benefits.

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:

• It applies to participants in the employee's retirement system, the teacher retirement system, and the
• active, retired, and surviving spouse members from the manpower for the Houston Police Department.
• DROP stands for Deferred Retirement Option Program, which allows a person to defer retirement when they
• We show you registered as Anthony Covella on behalf of yourself and the Houston Police Retired Officers
• Okay, my name is Anthony Covella and I'm the executive director of the Houston Police Retired Officers

Bills: HB3015, HB3521, HB5632, HJR182, SJR57

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

Transcript Highlights:

• And I think it was that the required retirement age for, was it state police, was 50.
• If a police officer wearing the uniform, with the city employing or the town employing police officer
• and also a retired police officer, having served for 31 years.
• Police Department.
• Thank you for your time. following police officer Stephen reporter of the Uxbridge Police Department,

Bills: S3051, H5380, H5384, H5389, H5420, H5428, H5427, H5429, H5435

Keywords: retirement benefits, police officer, surviving spouse, pension, public service, police chief, deputy police chief, civil service exemption, local governance, Medford, H5384, Craig Riley, Haverhill, firefighter, fire department, civil service, civil service examination, maximum age requirement, age waiver, age exemption

Transcript Highlights:

• police jurisdiction.
• </c> police jurisdiction of the municipality. police jurisdiction of the municipality.
• </c> and not within the police. I got you. and not within the police. I got you.
• So, I their police jurisdiction.
• </c> does is by law, um your police does is by law, um your police jurisdiction<00:14:32.720><c> can<

Bills: HB450, HB469, SB298, HB450, HB638, HB469, SB298

Keywords: HB450, judges, judicial office, constitutional amendment, Alabama Constitution, age limit, mandatory retirement, judicial eligibility, supernumerary judge, judicial retirement, state judicial retirement benefits, election law, appointment, voter approval, ballot measure, Judiciary Committee, ambulance services, balance billing, health insurance, emergency transportation

Transcript Highlights:

• , county and city fire, city police, and persons in that space as well as the State Patrol.
• And the police and fire chose to move up the time frame for the delay in their COLA by one year, which
• And there was also giving a 2% base increase in benefit to those who retired on or after December 31st
• ><c> in</c><00:04:26.400><c> that</c> fire, city police uh and persons in that fire, city police uh and
• And the police and fire um chose 1.25%.

Bills: SF2884, HF1889

Keywords: pension, retirement, omnibus pension, MSRS, PERA, TRA, public employees retirement, state employees retirement, correctional employees, police and fire retirement, State Patrol retirement, teachers retirement, firefighter relief association, volunteer firefighter, state aid, postretirement adjustment, COLA, annuity, disability benefit, duty disability

Transcript Highlights:

• I'm the director of the police pension.
• 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.

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

Bills: SB 266, SB 1018, SB 1415, SB 1527, SB 1737, SB 1738, SJR 57

Keywords: tax collection, managed audits, taxpayer rights, dispute resolution, penalty, sales tax exemption, clothing, footwear, school items, economic relief, public retirement systems, pension funding, police benefits, firefighter pensions, municipality contributions, actuarial assumptions, amortization, administrative requirements, judicial retirement, service credit

Bills: SB 266, SB 1018, SB 1415, SB 1527, SB 1737, SB 1738, SJR 57

Keywords: tax collection, managed audits, taxpayer rights, dispute resolution, penalty, sales tax exemption, clothing, footwear, school items, economic relief, public retirement systems, pension funding, police benefits, firefighter pensions, municipality contributions, actuarial assumptions, amortization, administrative requirements, judicial retirement, service credit

Transcript Highlights:

• The committee on retirement and government sources shall convene.
• This is the same bill except for the police. Mr.
• System Hazardous Duty Retirement Plan.
• This is a bill that's requested by the Police Chief Younger from the Edmond Police Department and also
• into that system here in the police retirement 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

Transcript Highlights:

• The police is in really good shape right now.
• Members, this is the same bill except for the police. Mr.
• System hazardous duty retirement plan.
• This is a bill that's requested by the police, J.D.
• into that system here in the police retirement 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

Summary: The Senate Committee on Retirement and Government Resources considered a series of retirement, pension, and state employee bills. Senate Bill 1870 would let small municipalities in OPERS with populations of 2,000 or less opt out for new employees; members questioned the fiscal impact and the bill passed 8-0 after the chair struck the title to get a clearer actuarial analysis. Senate Bill 1722 passed 9-0 and would require OMES construction contract fees to be based only on construction costs, not interior design and furnishings, with members discussing how to define those terms and whether historical or specialized projects could still be accommodated. Senate Bill 1639 passed 9-0 after an amendment removed provisions affecting the Indian Education Act commission, leaving a bill to repeal several dormant boards and commissions. The committee also passed Senate Bills 715 and 716, which would increase municipal contributions to firefighter and police pensions, respectively; members raised concerns about city budgets, and the sponsor said he was open to phasing in the increases. Senate Bill 182 passed 5-2 to add certain DHS Inspector General officers and OJA residential care specialists to hazardous duty retirement, and Senate Bill 609 passed 7-0 to allow police recruits to buy up to five years of prior out-of-state service credit as a recruitment tool. The committee then passed Senate Bill 169 5-2 to increase state employee longevity pay by 50%, with supporters citing high turnover and opponents warning about budget pressure and the need for broader raises. Senate Bill 134 passed 7-0 to shorten the waiting period for county employees to return to work from one year to six months. Senate Bill 432 passed 6-0 to raise volunteer firefighter pension benefits, and because it was double-assigned it would next go to Appropriations. Senate Bill 1407 passed 7-0 after an amendment requiring OMES to provide the Commission on the Status of Women an itemized accounting of funds; the bill generally clarifies staffing and financial reporting authority for the commission. Finally, Senate Bill 2039 passed 8-0 after an amendment narrowing the bill to military personnel who are also teachers and defining salary for buyback purposes; the sponsor said the measure would help service members return to teaching and buy back up to five years of credit. The committee also passed Senate Bill 1356 7-0, a broader OMES cleanup bill moving certain functions elsewhere, though members flagged concerns about relocating the state use program and the pay-for-success fund and suggested further study on those sections.

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... both from what you've said and I'm sure
• So the it's the Minnesota state retirement<00:29:19.240><c> bill</c><00:29:19.480><c> is</c><00:29:19.640
• ><c> basically</c><00:29:20.080><c> the</c><00:29:20.159><c> bill</c> The retirement bill is basically
• So the Minnesota state retirement bill is basically the bill... And these jobs are super important.

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:

• A lot of Retirement systems.
• For those police officers and firefighters, it brings it up to a livable wage.
• This is a request bill from the Police Pension Board.
• However, it has since reduced retirement benefits.
• This better aligns our retirement goals with the industry best practices.

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

Transcript Highlights:

• This simply fixes that gap for those police officers and firefighters."
• This is a request bill from the Police Pension Board.
• However, the removal of half-pay reduced retirement benefits by 30%.
• This better aligns our retirement goals with industry best practices.
• For intent of this bill is to better prepare them for retirement.

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

Summary: The committee opened with prayer, laid over House Bill 1784 as dead, and then heard a long series of measures, many related to pensions, retirement systems, elections, and state procurement/reporting. Early bills included HB 3588 on debtor-creditor law updates, HB 3748 on county partnerships with four-year institutions, HB 4303 extending the municipal ordinance publication deadline from 15 to 30 days, HB 4311 increasing the treasurer’s share of the unclaimed property administration fee from 4% to 6%, and HB 3028 allowing CareerTech to charge processing fees. All of these advanced on due pass votes, with some opposition on HB 3588, HB 4311, and HB 3028. A major block of the meeting focused on retirement and pension policy. The committee advanced HB 4428 and HB 4429 on proxy advisor transparency and fiduciary voting standards for retirement systems, with the author arguing they would improve transparency and keep pension decisions focused on financial returns rather than ESG/DEI considerations. Other pension-related bills that passed included HB 4132 creating a cybersecurity safe harbor for local governments, HB 1889 fixing a COLA gap for certain retired police officers and firefighters, HB 3265 defining “mental health specialist” for disability applications, HB 1739 reinstating a half-pay provision in the state law enforcement retirement system, HB 3313 changing the Retirement Freedom Act by raising contribution and match rates and eliminating vesting, HB 2116 expanding eligibility for State Fire Marshal officers, HB 2206 allowing newly hired school resource officers to join OLEERS, HB 3625 expanding school district investment options, and HB 3721 creating a survivor-benefit election for children of certain public safety officers. Most of these passed with little or no debate, though HB 1739 drew questions about actuarial “safe harbor” language and pension funding. The latter part of the meeting centered on a package of government contracting and transparency bills from Representative Strom. HB 3413, HB 3414, HB 3415, HB 3416, HB 3417, HB 3418, and HB 3420 would require more detailed reporting of contracts, subcontractors, consulting services, and post-contract assessments; create public posting and reporting requirements through OMES and Central Purchasing; revise bidding rules for state, county, and municipal entities; require vendor ownership disclosures; allow live-streamed bid openings; and add misdemeanor penalties for violations of Central Purchasing rules. Strom said the package was intended to improve accountability, documentation, and protection of taxpayer dollars. The committee also passed HB 3852 clarifying poll worker list requirements for county election boards, HB 4434 requiring gubernatorial notice when out of state, and HB 2939 removing fax-machine references from statute. Most measures were adopted with policy recommendations and passed on strong votes, and the meeting ended with Chairman West thanking members for their work and adjourned the committee.

Transcript Highlights:

• Lastly, cites the legislation as the Military Police to Peace Officer Pathway Act.
• I know that is specific to the Army; the Army has military police officers.
• and security police.
• Even though military police is specific to the Army, the DOD training model is for military police of
• Police. Mr. Redmond.

Bills: SB1032, SB1055, SB1107

Keywords: corrections oversight, funding, state budget, criminal justice, reform, immigration enforcement, law enforcement, illegal aliens, state legislation, civil penalties, peace officer certification, police certification, law enforcement licensing, Arizona POST, peace officer standards and training, military police, veterans, honorably discharged, veteran hiring, abbreviated academy

Transcript Highlights:

• , and Tier 2, which is a 25-year retirement, is 21 years.
• Tier 1 is a 20-year retirement. Tier 2 is a 25-year retirement, and Tier 3 is a 401(a).
• And when they do retire, now we’re paying for a retirement program for them that we otherwise could have
• And when they do retire, now we’re paying for a retirement program for them that we otherwise could have
• We want them to be able to coordinate with the police. We want the police to be effective.

Bills: SB1161, SB1215, SB1270, SB1400, SB1537, SB1538, SB1580, SB1584, SB1627

Keywords: appropriation, public safety, Yuma County, funding exemption, family advocacy center, firefighters, occupational disease, workers compensation, cancer presumption, police officers, hazardous duty, SB1270, Arizona retirement system, public safety personnel, defined contribution plan, correctional officers, corrections officers, retirement contributions, supplemental contributions, retention incentive