Video & Transcript Research : 'postretirement adjustment'

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MN

Minnesota 2025-2026 Regular Session

House Ways and Means Committee 5/18/25

Ways and Means

Transcript Highlights:
  • So they have lost out in all of the Social Security cost-of-living adjustments and they felt that that
  • <00:05:16.639> cost<00:05:16.880> of<00:05:17.120> living<00:05:17.360> adjustments
  • <00:05:18.160> and security cost of living adjustments and security cost of living adjustments
  • pension adjustment revenue line. pension adjustment revenue line.
  • Um, so this is the adjustment for the general education aid.
Bills: SF2884, HF1889
OK

Oklahoma 2026 Regular Session

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

Retirement and Government Resources

Transcript Highlights:
  • And it's a lot easier to adjust when we find problems. Will there be further questions?
  • We've adjusted that as far as we can go before the IRS starts calling that a sham retirement.
  • The problem is, when you start adjusting time, more people are gonna retire right up front out of the
  • our pension funds, base the funds on performance rather than politics, and allow a cost-of-living adjustment
  • And I think we may you May see that adjustment in language. Hence why I took the title off.
FL

Florida 2026 Regular Session

Appropriations Committee on Pre-K - 12 Education Feb 4th, 2026

Appropriations Committee on Pre-K - 12 Education

Transcript Highlights:
  • rewritten more than a decade ago to emphasize performance pay and limit the role of cost-of-living adjustments
  • It restores meaningful use of cost-of-living adjustments for educators with direct student contact.
Bills: S0920, S1036, S1216
Summary: The Appropriations Committee on Pre-K-12 Education met with a quorum present and first temporarily postponed SB 920 on mathematics education. The committee then took up SB 1216 on public school personnel compensation, sponsored by Senator Rodriguez, which would give districts more flexibility in educator pay by restoring meaningful cost-of-living adjustments for teachers with direct student contact, allowing recognition of relevant advanced degrees, and removing rigid performance-pay caps. Several senators spoke in support, emphasizing teacher retention, compensation, and education as a state investment. The bill was reported favorably on a unanimous roll call vote. After a brief recess, the committee considered CS/SB 1036 on school counselors, sponsored by Senator Calatayud, to address counselor shortages by removing certification barriers tied to classroom teacher requirements. The sponsor and supporting testimony described recruitment and retention problems, high counselor-to-student ratios, and the need for counselors to focus on student academics, mental health, and college/career readiness rather than administrative duties. Public testimony came from students, educators, and school personnel who described limited access to counselors and the impact on student well-being and college planning. Committee members broadly supported the bill while noting that counselors are often overburdened and that additional support personnel, including BRACE advisors, may also need attention in the future. Senators also discussed broader efficiency measures and the need for schools and colleges to improve access to guidance services. CS/SB 1036 was reported favorably by unanimous vote. At the end of the meeting, members recorded their votes on the two bills, and the committee adjourned.
MN

Minnesota 2025-2026 Regular Session

House Education Finance Committee 4/9/26

Education Finance

Transcript Highlights:
  • After adjusting for inflation, Minnesota ESPs today make $3,000 less than they did in 2021.
  • Our budget per month has to adjust drastically. With two incomes, we won't pocket any of our wages.
  • Our budget per month has to adjust Our budget per month has to adjust drastically. drastically.
  • adjustment. So this would be aid on top. adjustment. So this would be aid on top.
  • > for<01:25:44.920> inflation, Not just an adjustment for inflation, Not just an adjustment
Bills: HF3119
WY

Wyoming 2026 Regular Session

House Revenue Committee, February 19, 2026

Revenue

Transcript Highlights:
  • So we've adjusted that amendment conversation. Any other conversation on this amendment?
  • <00:38:42.480> So<00:38:42.640> we've<00:38:42.880> adjusted<00:38:43.280>
  • So we've adjusted that good. Okay.
  • So we've adjusted that amendment<00:38:44.880> uh<00:38:45.760> conversation.
Bills: HB0101, HB0062, HB0109
MN

Minnesota 2025 1st Special Session

Committee on Finance - Part 2 - 05/17/25

Finance

Transcript Highlights:
  • make an adjustment there in the future. make an adjustment there in the future.
  • /c><00:45:51.839> the postretirement increase uh for the postretirement increase uh for the general
  • So, we had a DE that had this provision with the 98% in it and the postretirement adjustments, the COLA
  • <00:52:08.000> adjustments,<00:52:08.559> the<00:52:08.720> COLA postretirement
  • adjustments, the COLA postretirement adjustments, the COLA that<00:52:09.599> Mr.
Keywords: 1187, senate, all
MN

Minnesota 2025-2026 Regular Session

Legislative Commission on Pensions and Retirement - 04/01/25

Minnesota Senate Floor Meeting

Transcript Highlights:
  • <00:09:09.519> adjustment increasing the postretirement adjustment increasing the postretirement
  • So, postretirement adjustments have been and they are more impactful to us.
  • So, a postretirement adjustment today.
  • So, a postretirement adjustment have<00:27:19.600> they<00:27:19.919> have<00:27:20.159
  • What we'd also appreciate is for you to take concrete action now to address our postretirement adjustment
Keywords: 1187, senate, all
MN

Minnesota 2025-2026 Regular Session

Legislative Commission on Pensions and Retirement - 02/24/26

Minnesota Senate Floor Meeting

Transcript Highlights:
  • Then we get to contribution adjustments Then we get to contribution adjustments carefully<00:13:
  • > for<00:25:33.279> their fixed postretirement increase for their fixed postretirement
  • increase<00:26:41.200> um get that postretirement increase um get that postretirement increase
  • increase of one and a postretirement increase of one and a half%<00:27:21.120> fixed.
  • postretirement increases at that time. postretirement increases at that time. the<00:48:13.200><
Keywords: 1187, senate, all
FL

Florida 2026 Regular Session

Appropriations Feb 12th, 2026

Appropriations

Transcript Highlights:
  • The bill restores meaningful use of cost of living adjustment. performance pay, it strengthens it.
  • It requires the Department of Financial Services to review and adjust those caps every five years using
  • the consumer price index, while placing a 3% cap on each adjustment.
  • those caps every five years using the consumer price index while placing a 3% cap on each adjustment
  • Adjustments are largely overdue. I remember actually with Mr.
Summary: The committee heard and advanced several bills, beginning with SB 694 on compensation for the descendants of the Groveland Four. Senator Bracey Davis described the wrongful accusations, convictions, deaths, and long-term harm to the families, and an amendment added a $4 million appropriation and updated the recipient for Ernest Thomas’s family. Multiple family members, advocates, clergy, and supporters testified in favor, emphasizing the decades-long delay in justice and the need for accountability and repair. Senators from both parties spoke in support, and the committee reported the bill favorably after a roll call vote. The committee then approved SB 330 on disability provisions for firefighters, law enforcement, and correctional officers; SB 474 on military affairs leave and related benefits; and SB 96 on the Veterans Dental Care Grant Program. SB 96 drew the most discussion, with Senator Sharief explaining that the bill raises eligibility to 400% of the federal poverty level and moves $500,000 in recurring funding to the General Appropriations Act. Senator Wright and Senator Harrell raised concerns about whether expanding eligibility could worsen the existing waitlist, while supporters argued the change would help more veterans access needed dental care. The bill was ultimately reported favorably. The committee also passed SB 7018 on child welfare, making the Step Into Success pilot program permanent and statewide, adjusting visitor/background-check rules for foster homes, and creating a best-practices program through the Florida Institute for Child Welfare. SB 480 on information technology was reported favorably after amendments creating a central IT governance structure under the Governor’s office, adding vendor performance metrics and a preferred vendor list, and restoring criminal justice information security provisions. SB 1066 on the Ocklawaha River and Rodman Dam also advanced after extensive testimony from supporters and historians about partial restoration, recreation, and economic benefits; the sponsor said he would continue working through permitting questions before floor consideration. Later, the committee approved SB 1216 on educator compensation, which gives districts more flexibility on cost-of-living adjustments, advanced degrees, and performance pay caps, and SB 1120 on water management district oversight and reporting. The committee also reported favorably SB 1366 on sovereign immunity and claims against government, which would raise damages caps, index them to CPI, shorten claim deadlines, and cap attorney fees at 25%. That bill drew testimony from hospitals, cities, counties, school districts, and others, with some supporting the Senate’s compromise approach and others raising concerns about impacts on self-insured law enforcement agencies and attorney incentives. The meeting concluded with the favorable report on the bill after debate continued over those issues.
MN

Minnesota 2025-2026 Regular Session

Legislative Commission on Pensions and Retirement - 03/11/25

Minnesota Senate Floor Meeting

Transcript Highlights:
  • for all of our cost of living adjustment for all of our retirement<00:20:41.679> plans<00:20:
  • And, as I mentioned, it's a 1% fixed postretirement increase for State Patrol plan members.
  • And, as I mentioned, it's a 1% fixed postretirement increase for State Patrol plan members.
  • So we're proposing an increase in postretirement benefits for retirees of 1.75%.
  • plans that uh provide postretirement plans that uh provide postretirement benefits<00:32:12.240>
Keywords: 1187, senate, all
MN

Minnesota 2025-2026 Regular Session

Legislative Commission on Pensions and Retirement - 03/18/25

Minnesota Senate Floor Meeting

Transcript Highlights:
  • reduction of postretirement reduction of postretirement benefits<01:41:19.960> despite<01
  • The top priority is postretirement increase, you know, working on that.
  • The top priority is postretirement increase, you know, working on that.
  • The top priority is postretirement increase, you know, working on that.
  • The top priority is postretirement increase, you know, working on that.
Keywords: 1187, senate, all
TX

Texas 89th Regular

Ways & Means Aug 22nd, 2025

Ways & Means

Transcript Highlights:
  • appropriate to consider exceptions for cities which have had flat or decreased tax rates, and To adjust
  • And over that time, I've seen our city adjust every single time.
  • On an inflation-adjusted basis, my residents, on average, will go from just under $1,800 per year to
  • So, adjusting for inflation, they're going to pay $3 more per year. And you are one entity.
  • So when we talk about adjusting it down...
Bills: HB17, HB23, SB 10