Transcript Highlights:

• So once they receive 20 years of full service, start drawing their pension, their pension check would
• other pension systems, we, to keep the pension system whole, we have made... ...to keep the pension
• Depending on per pension, or your per pension fund, I think the total of all the pension funds for increase
• Chase Rankin with the Oklahoma Firefighters Pension System.
• No other pension.

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:

• Pension systems, and it requires that both the boards and any proxy advisors that they might use focus
• So you're saying this now aligns with the pension boards' missions. Thank you for the question.
• are to be made to the maximum pecuniary benefit of the pension holders and not be distracted by other
• maintain that authority and control over their pensions and not farm them out to entities that might
• who do such a wonderful job to be completely focused on return for the pension holders.

Bills: HB3057, HB3279, HB4428, HB3420

Keywords: government reporting, information technology, child welfare, environmental policy, state agency compliance, employment restrictions, state officers, prohibited acts, government contracts, public service, public finance, pension, pension fund, retirement system, board of trustees, proxy voting, proxy proposal, shareholder vote, shareholder activism, fiduciary duty

Transcript Highlights:

• The Committee on Pensions, Investments, and Financial Services will come to order.
• There will be a time limit of three minutes per witness during the public testimony period.
• This is a cleanup bill for the Pension Review Board that clarifies existing requirements.
• Currently, statute requires Texas Public Retirement Systems.
• First, the bill would require the Pension Review Board...

Bills: HB3014, HB3109, HB3126, HB3474, HB3594

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

Transcript Highlights:

• based on fiduciary duties and not utilizing ESG or other DEI metrics, and votes for proxy of our pension
• Chairman, House Bill 3265 is a request from the police pension board. It's pretty simple.
• I'm the director of the police pension.
• It addresses and enhances the: drop or the deferred retirement option plan that is available to public
• There's a lot of pension bills that went out.

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

Transcript Highlights:

• No, you're in that's public safety.
• For our pension systems? Thank you.
• This is a request bill from the Police Pension Board.
• Members, with 3418, we are opening Title 61, which is public buildings and public works.
• House Bill 3721 is a retention mechanism for the three public safety pensions.

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:

• I'm new to this space and the pensions.
• I've been in and the pensions.
• The 2025 pension bill has a Committee.
• <00:04:16.079> safety, education and those in public safety, education and those in public
• pension adjustment revenue line. pension adjustment revenue line.

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:

• currently serves as the chair of the Oklahoma Tax Commission and brings over 37 years of experience in public
• A recap of who I am: Senator Hines covered a lot of it, but I have 37 years of working for large public
• I come from public and private sectors.
• funds and all the pensioners.
• I mean, I'm just wondering if this implies that that pension holders pen pension beneficiaries can expect

Bills: HB1170

Keywords: fiduciary responsibility, proxy voting, public finance, Oklahoma statutes, pension plans, pecuniary factors, nonpecuniary factors, financial risk, Attorney General, 914, all

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

Transcript Highlights:

• A public entity that's funded by taxpayer dollars is now going into debt without a vote.
• Senate Bill 1985 creates the Strategic Pension Protection Act.
• Keep in mind that this is strictly for pension systems only.
• But this bill would simply only apply to the pension systems’ investments thereof.
• And that is leading to corporate profits, not to local schools and public safety.

Bills: SB1302, SB1389, SB1401, SB1776, SB1809, SB1858, SB1985, SB2053, SB2148

Keywords: income tax, tax rates, revenue certification, Oklahoma Tax Commission, state budget, education, tax credit, school choice, private school, tuition assistance, income limits, parental choice, accreditation, insurance, taxation, premium, home office credit, healthcare, teacher tax credit, income tax credit

Transcript Highlights:

• The public is well informed about spending matters.
• It is recorded in the public records in the county.
• I think the public is not able to see it.
• We show you registered as David Dunmoyer on behalf of Texas Public Public Policy Foundation and you are
• They stayed on Medicaid for the course of the public health emergency.

Bills: HB150, HB869, HB876, HB 1043, HB1494, HB1522, HB150

Keywords: cybersecurity, state command, information resources, data protection, incident response, information technology, classification officer, job descriptions, state positions, competency-based, information sharing, government efficiency, public sector, private sector, distributed ledger, title registry, real estate, property liens, pilot program, healthcare

Transcript Highlights:

• At this time, this concludes all virtual public comment.
• At this time, this concludes all virtual public comment.
• At this time, we do not have any virtual public comment.
• At this time, this concludes all virtual public comment.
• At this time, this concludes all virtual public comment.

Bills: SB219, SB9

Keywords: military pension, military retirement pay, veterans, retiree tax relief, income tax exemption, pension exclusion, Delaware income tax, retirement income, state tax subtraction, armed forces retirement, National Guard, Space Force, Coast Guard, NOAA, Public Health Service, taxable income, Title 30, Section 1106, wetlands protection, nontidal wetlands

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.

Transcript Highlights:

• Got a sign-up sheet up front here for the public hearing.
• It also specifically spells out that um this is as pri- um public right-of-ways.
• out that um this is as pri- um public out that um this is as pri- um public right-of-ways.<00:07
• This bill creates a public right-of-way.
• So, what we're gathered for here today is a weighty public policy issue.

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

Transcript Highlights:

• The Austin Firefighter Pension Fund.
• As I'm sure you're aware, the City of Austin and Austin Fire Pension System previously had opposing pension
• The general meetings would not be open to the public. They may hold public hearings. They may.
• Department pension operates.
• . ...pension.

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

Transcript Highlights:

• I began and the pension I have now, the reality is that there's been no change in my pension from ERS
• I haven't had any change in what that pension would be.
• schools, including public charter schools.
• Public charter schools are public schools, and as such, they participate in the Teacher Retirement System
• Public Education Employer Contribution, or PEEC.

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

Transcript Highlights:

• We'll close public testimony. Any other cards?
• I will open public testimony on House Bill 3474.
• This time, we'll open public testimony on House Bill 5246.
• Okay, we will now open public testimony.
• Public Policy Foundation here in support of House Bill 1056.

Bills: SB524, SB782, HB42, HB1056, HB2894, HB3033, HB3474, HB3594, HB4738, HB5246, HB42

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

Bills: HB472, HB542

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

Transcript Highlights:

• Please be aware that the personal information you give on this card is subject to public disclosure.

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:

• , and 14% goes into the police pension.
• to fund these pensions.
• But remember the condition our pension systems are in.
• Public employees. 283 million is the cost of that turnover rate.
• We've got a $25 billion pension system. We're doing pretty good.

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:

• If I recall, we had our public hearing last week. I don't know if everybody was here.
• House Bill 484 by Representative Shaw addresses the public blockchain creation of inclusion of certain
• The public blockchain is a shared data store out there in the world.
• It's just pretty much a different way of publishing the transactions out to the public.

Bills: HB227, HB556, HB543, HB542, HB482, HB483, HB484

Keywords: firefighter benefits, occupational disease, line of duty, disability pension, death benefits, retirement benefits, hypertension, heart disease, respiratory disease, cancer presumption, HIV, hepatitis, municipal firefighters, state firefighters, fire districts, workers' compensation, public safety employees, post-retirement benefits, benefit eligibility cutoff, occupational illness

Bills: SB 868, SB 1337, SB 1371, SB 1377, SB 1426, SB 1620, SB 2064, SB 2065, SJR 4

Keywords: tax penalties, interest calculation, overpayment, tax law, refund process, historic preservation, heritage tourism, public engagement, Texas Historical Commission, education, pension system, actuarially sound, emergency services, legacy liability, anonymized contributions, economic stabilization fund, state finance, constitutional amendment, budget management, financial security