Transcript Highlights:

• We cater to the retirees. This is a program for the retirees. This is a program for life.
• Uh, a lot of plans do not to retirees.
• This is a program for the retirees.
• </c> this plan is provided for our retirees this plan is provided for our retirees who<00:21:34.720><
• </c> as well in that um group of retirees. as well in that um group of retirees.

Keywords: Meeting Start: 00:00:35 Attendance Roll Call: 00:00:55 Approval of Minutes: 00:02:56 Deferred Compensation Authority Update: 00:03:12 Retiree Health Update - TRS: 00:15:58 Retiree Health Update - KPPA: 00:56:13 Adjournment: 01:20:33, 958, all

Summary: The Public Pension Oversight Board received updates from the Kentucky Public Employees Deferred Compensation Authority and the Teachers Retirement System. Chris Biddle reported that deferred compensation assets had grown to about $4.787 billion with roughly 88,000 participants, crediting auto-enrollment, targeted marketing around pay raises, and retiree-focused services. He said the board’s self-directed brokerage account, authorized by last year’s legislation, is being designed around a $40,000 account-balance threshold with up to 25% transferable into the brokerage window, tentatively for July 1 of the coming year. He also described the free financial planning program, which has been used by about 3,300 to 3,500 participants with an 87% return rate, and noted that the plan is currently in a fee holiday; members asked about the fee structure and whether the CFP service is provided through Nationwide, which Biddle confirmed. Board members praised the deferred compensation program’s growth and asked for the legislation referenced by Biddle. He said the plan’s annual fees are capped, with a $1 monthly fee plus other charges up to a $225 cap, for a maximum of $237 per year absent a managed account. He also said the program is seeking unified payroll access to expand participation, especially among teachers, and that prior lineup changes saved about $6 million annually in participant fees. Bo Barnes of TRS then addressed retired teachers’ health insurance, first clarifying a prior question about declining federal contributions to the retirement annuity trust. He explained that federally funded school positions generated contributions that rose from $72 million in 2019 to $109 million in 2022, then fell to $85 million this year, with a projection of $80 million over the next three years; if those dollars do not come from federal sources, they would have to be replaced through the SEEK formula. Barnes then reviewed TRS health coverage, explaining that the statutory contract guarantees access to group coverage but not fixed premium levels, and that TRS administers two retiree plans: KEHP for retirees under 65 or otherwise not Medicare-eligible, and MEHP for retirees 65 and older or Medicare-eligible. Barnes said TRS completed RFPs for the 2026 plan year, retaining Express Scripts for prescription drugs and switching the Medicare Advantage medical provider from UnitedHealthcare to Humana, while keeping plan design, provider access, out-of-pocket costs, and benefits materially unchanged. He noted a modest hearing-aid improvement of $500 per ear beginning in 2026. He also reported that the TRS Board approved the maximum state contribution for KEHP at $1,044.96, up from $930.76, an 18% increase that he said would require about $15 million to $16 million more annually, while the MEHP premium would drop from $210 to $200 per month because of the new contract. Using the 2024 valuation, he said the KEHP increase would slightly reduce the health trust funded ratio from 80.4% to 80.1% and raise unfunded liability from $4.036 billion to $4.051 billion. Barnes closed by reviewing the 2010 shared-responsibility reforms that shifted retiree health costs away from a pay-as-you-go model, including phased employee and district contributions and Commonwealth stabilization funding. No votes were taken beyond approval of the minutes.

Transcript Highlights:

• </c><00:05:23.680><c> We</c> retirees. This is a program for life. We retirees.
• </c><00:14:14.639><c> Well,</c> because of the joint support. Well, because of the joint support.
• </c><00:20:50.400><c> who</c> that is the plan that our retirees who that is the plan that our retirees
• It doesn't apply to anyone retirees.
• </c> as well in that um group of retirees. as well in that um group of retirees.

Keywords: Meeting Start: 00:00:35 Attendance Roll Call: 00:00:55 Approval of Minutes: 00:02:56 Deferred Compensation Authority Update: 00:03:12 Retiree Health Update - TRS: 00:15:58 Retiree Health Update - KPPA: 00:56:13 Adjournment: 01:08:10, 958, all

Summary: The Public Pension Oversight Board met with a quorum, approved the prior minutes, and heard updates from the Kentucky Public Employees Deferred Compensation Authority and the Teachers Retirement System. The deferred compensation update highlighted continued growth in assets to about $4.787 billion and roughly 88,000 participants, strong retention from auto-enrollment, a marketing campaign tied to pay raises that generated additional participation, and a new self-directed brokerage account expected to launch July 1 of the coming year for participants with at least a $40,000 balance, allowing up to 25% of their account to be moved into the brokerage window. The director also described the free financial planning service, which has been used by about 3,500 participants with a high return rate, and said the plan is currently in a fee holiday; if fees are charged, they are capped at $237 per year for most participants. Members asked questions about who provides the CFP service, the fee structure, and the brokerage eligibility threshold. The director said the CFP service is provided through the authority’s service bundle with Nationwide, not as a separate paid service, and explained that the fee cap and current fee holiday are intended to keep the program low-cost. Board members praised the deferred compensation program’s performance and asked for a copy of the legislation referenced in the presentation. TRS then presented on retired teachers’ health insurance. Barnes first clarified how declining federal contributions for federally funded school positions affect the retirement annuity trust, explaining that if those federal dollars fall, the amounts would need to be covered through the SEEK formula and that the projection for those contributions is about $80 million over the next three years. He then reviewed TRS retiree health coverage, distinguishing between KEHP for retirees under 65 or not Medicare-eligible and MEHP for Medicare-eligible retirees, and explained that TRS recently completed RFPs for both prescription drug and medical coverage. TRS will keep Express Scripts for prescription drugs, but will move the Medicare Advantage medical plan from UnitedHealthcare to Humana on January 1, 2026, while keeping the plan design, provider access, and out-of-pocket structure largely unchanged, with a new hearing-aid benefit of $500 per ear. Barnes also reported the 2026 premium and contribution changes: the maximum TRS contribution toward KEHP will rise to $1,144.96 from $930.76, an 18% increase that he said will require roughly $15 million to $16 million more in the state budget, while the MEHP premium will drop to $200 per month from $210. He said the TRS board has statutory authority to set these amounts and that the changes will have mixed actuarial effects, with the KEHP increase being negative overall and the MEHP decrease positive.

Transcript Highlights:

• We definitely support this.
• So we stand in support. Thank you. We definitely support this.
• So we stand in support. Thank you. Thank you. Anyone else in support? Anyone in opposition?
• And we ask that you support this legislation.
• Anyone else in support? Anyone in opposition? Anyone else in support?

Bills: SB21, SB42, SB81, SB101, SB139

Keywords: SB 21, Medicare supplement, Medigap, open enrollment, guaranteed issue, birthday month enrollment, health insurance, insurance regulation, senior health coverage, elderly, retiree, Medicare beneficiaries, preexisting conditions, underwriting restrictions, premium discrimination, New Mexico insurance law, superintendent of insurance, health care coverage, policy portability, healthcare

Transcript Highlights:

• ><00:03:54.439><c> is</c> for cerss career retirees uh the goal is for cerss career retirees uh the goal
• </c> balancing the interests of retirees balancing the interests of retirees while<00:04:22.280><c> also
• </c><00:05:22.919><c> that</c> for CS hazardous Duty retirees that for CS hazardous Duty retirees that
• </c><00:14:22.839><c> uh</c> to the handful of tier 1B retirees uh to the handful of tier 1B retirees
• </c> will uh consider supporting will uh consider supporting [Music] [Music] [Music] it<00:14:58.839>

Keywords: Meeting Start: 00:02 Attendance Roll Call: 00:49 Approval of Minutes: 01:55 CERS Retiree Health Subsidy Proposal: 02:14 SB 58: 24:05 TRS Sick/Annual Leave Proposal: 32:53 Adjournment: 48:00, 958, all

Summary: The committee first approved the prior month’s minutes after a roll call established a quorum. It then heard testimony on a draft proposal from Senator Robbie Mills to increase CERS retiree health subsidies for members retiring on or after July 1, 2003. The bill would raise the non-hazardous subsidy from $14.63 to $40 per month per year of service and the hazardous-duty subsidy from $21.94 to $50, with employee contribution rates adjusted based on the health trust’s funded status. Supporters from sheriffs, firefighters, police chiefs, and the Kentucky League of Cities said the change would improve recruitment and retention, better align the subsidy with the cost of a single health plan, and preserve the system’s financial footing through shared employer-employee costs and funding triggers. Committee members asked about the fiscal impact, the effect of funding levels above 150%, and how the subsidy would work for rehired retirees or employees who later take private-sector jobs. Mills and other witnesses said preliminary actuarial work was still forthcoming, that the bill was intended to be revenue-neutral or close to it, and that the subsidy would continue to be paid monthly; they also noted existing 2008 rules for rehired retirees and said the benefit would still be available even if a retiree later had other insurance. One member suggested looking at stable accounts as an additional option for special-needs planning in a later bill. The committee then heard Senate Bill 58 from Senator Robin Webb, which would allow state employees to designate a Special Needs Trust as a beneficiary for retirement benefits. Webb said the measure would help employees provide for disabled dependents without jeopardizing SSI or Medicaid eligibility, and that the bill follows federal special-needs trust rules. He said the proposal could be revenue neutral, but actuarial analysis was still pending and KPPA had asked for electronic rather than paper transfer provisions. Members questioned whether the authority already exists, how the trust would work, and whether stable accounts should also be considered; Webb said he would follow up with additional information.

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:

• Yeah, I'm going to go ahead and support you.
• They're supportive of this bill? Absolutely. Yes.
• based on retirees getting a job when they retire.
• you also support this bill.
• I support this bill.

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:

• Individualized home supports is a service that provides support to individuals.
• </c> but a training and support service. but a training and support service.
• c> 3375</c> Our supports also filed 3375 Our supports also filed 3375 as<00:22:07.120><c> amended,</c
• </c> and the more intensive supports. and the more intensive supports.
• </c> really need 7 hours of support that day. really need 7 hours of support that day.

Bills: HF3526, HF3375, HF3469

Keywords: home care, licensing, fines, advisory council, grant program, client safety, healthcare regulation, HF3375, Minnesota disability waiver, waiver rate system, human services, individualized home supports, individualized home supports with training, individualized home supports with family training, positive support services, employment support services, employment development services, employment exploration services, billing limits, service authorization year

Transcript Highlights:

• Thank you for the opportunity to testify in support of House Bill 3284.
• Okay, thank you. ...support HB3515, and I'm testifying for myself.
• I'm in support of House Bill 3515.
• I appreciate you, and I'm in support of passing this bill.
• It clarifies the notice language for the child support review process. ...and that of the child support

Bills: HB168, HB 1044, HB1534, HB1914, HB2240, HB2530, HB3284, HB3395, HB3515, HB3783, HB4034, HB4213, HB168

Keywords: marriage age, minors, family law, void marriage, rights of minors, Texas marriage law, marriage ceremony, authorized officiants, family code, judges, religious leaders, parent-child relationship, Department of Family and Protective Services, legal rights, notice requirements, HB 1914, Texas Family Code, Chapter 156, conservatorship, custody

Transcript Highlights:

• I'm here today to testify in strong support of HB 168 because our current law unfortunately has some
• work on the advocacy team at Unchained At Last, the only organization in the United States that supports
• Thank you for the opportunity. to testify in support of HB 168, this crucial bill to end child marriage
• I am here to testify today. in support of House Bill 168.
• They deserve loving parents, supportive communities, access to education, and to form healthy families

Bills: HB168, HB 1044, HB1534, HB1914, HB2240, HB2530, HB3284, HB3395, HB3515, HB3783, HB4034, HB4213, HB168

Keywords: marriage age, minors, family law, void marriage, rights of minors, Texas marriage law, marriage ceremony, authorized officiants, family code, judges, religious leaders, parent-child relationship, Department of Family and Protective Services, legal rights, notice requirements, HB 1914, Texas Family Code, Chapter 156, conservatorship, custody

Transcript Highlights:

• plan coverage of certain in vitro fertilization procedures for certain governmental employees and retirees
• So we are quite supportive of the bill. Thank you. Members, questions? ...for this witness.
• In support of the bill and to answer any questions you may have. With that, Mr.
• This allows the retiree 30 years to make the monthly payments or a one-time lump sum payment.
• I'm here testifying in support of the committee's substitute. for HB3014.

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:

• The program provides support either directly to the officer or through their department.
• I see more and more states having to create child care support.
• We want to do everything we can to support them.
• I'm here to support SB2143.
• We would certainly support that. Thank you. Are there any other questions of this witness? No.

Bills: HB5097, HB5513, SB523, SB857, SB964, SB1101, SB2143, SB2332, SB2383, HB 1108

Keywords: criminal history, background checks, government code, licensing, information access, rural law enforcement, child care grants, community support, law enforcement retention, advisory committee, SB 523, Texas driver’s license, alternative address, residential address, confidential address, address confidentiality, Department of Public Safety, DPS, Transportation Code, Section 521.1211

Transcript Highlights:

• Having the state support that they need to meet the needs of our residents.
• The Legislative Assistant will take the roll. support of just giving away that ability support of just
• I urge the committee to support House File 173. Thank you.
• I urge the committee to support House File 173. Thank you. Thank you.
• I urge the committee to support House File 173. Thank you. Thank you.

Bills: HF4, HF173

Keywords: tax relief fund, budget surplus, surplus revenue, tax rebate, tax refund, one-time refund, income tax, property tax, constitutional amendment, Minnesota Constitution, general fund, budget reserve, taxpayer relief, state surplus, fiscal forecast, wealthy taxpayers, high-income exclusion, 2026 ballot, referendum, surplus distribution

Transcript Highlights:

• program, the Consumer Directed Community Supports program, and the Consumer Support Grant.
• this bill and so thank you for support this bill and so thank you for supporting<00:10:22.240><c> our
• They do more than just support the person; they support entire family units, and they support our future
• They do more than just support the person; they support entire family units, and they support our future
• </c> integration support integration support positive<01:46:53.719><c> supports</c><01:46:54.040><c>

Bills: HF2367, HF2319, HF2523, HF1742, HF671, HF2331, HF2722, HF2406, HF1674

Keywords: HF2367, Community First Services and Supports, CFSS, personal care assistance, PCA, consumer-directed community supports, CDCS, home and community-based services, HCBS, direct support professionals, direct care workers, caregivers, support workers, SEIU Healthcare Minnesota & Iowa, collective bargaining agreement, retention stipend, health care cost stipend, training stipend, orientation program, retirement trust

Transcript Highlights:

• Uh, and with that we support the bill. My understanding is there's about 187 million.
• Uh, we have strong support in, in, in Travis County for environmental stuff and. I can't.
• We specialize in end to end wind farm decommissioning support.
• OK, well, I'm hopeful that there's support for this.
• Philip Martin of the Environmental Defense Fund, uh, supportive of this bill.

Bills: HB205

Keywords: disaster recovery, economic development, grants, loans, infrastructure support

Transcript Highlights:

• Um, and then we put the utility tax, which is how our rural utilities can support the hospital tax.
• </c> utilities can support the hospital tax. utilities can support the hospital tax.
• So this bill is going to turn, if you're a state retiree, you can still become a full-time bus driver
• </c> going to allow uh our state retirees going to allow uh our state retirees opportunity<00:04:34.960
• Chairman, this was worked on both with RSA and our state superintendent, supporter of Alabama.

Bills: HB245, HB138, HB151, HB152, HB245, HB138, HB151, HB152

Keywords: inhalants, controlled substances, butyl nitrite, nitrous oxide, amyl nitrite, health, public safety, pregnancy, pregnant defendant, incarceration, jail intake, pregnancy test, bail, pre-incarceration probation, supervised probation, electronic monitoring, electronic supervision, perinatal care, prenatal care, maternal health

Bills: SB 629, SB 1015, SB 2501, SB 2933

Keywords: child support, interest accrual, family law, delinquency, financial judgment

Transcript Highlights:

• Uh, we are here today to ask for your support for this resolution.
• I respectfully urge your support.
• I humbly ask you to support HCR 6. Thank you for being here. Thank you.
• It supports local jobs.
• I'm here to testify in support of House Bill 4230.

Bills: HCR6

Keywords: Meals on Wheels, senior services, nutrition, community support, volunteerism

Transcript Highlights:

• For more than three years, UCOM has been the backbone of the international effort to support Ukraine.
• They do continue to depend on our support.
• K, especially one with a dual-use capability that could fill the close air support gap.
• for Russia's war, maybe other things beyond moral support.
• Even in Sudan, what's going on with the rapid support forces in Burkina Faso.

Keywords: committee meeting, legislation, public testimony, SB4, HB2214, bipartisan support

Summary: The committee convened to discuss various bills and hear testimonies related to legislative matters, including public concerns and implications surrounding the proposed legislation. Notably, the members engaged in a vigorous debate over SB4, where several representatives shared differing viewpoints on its impact on local communities and the environment. Public testimonies were heard, with advocates arguing for the bill's potential benefits, while opponents raised significant concerns regarding the fiscal implications and land use. Following these discussions, the committee moved to vote on HB2214, which passed without issue, illustrating the bipartisan support for certain initiatives tied to public welfare.

Bills: HB462, HB8, HB8

Keywords: emergency medical services, military training, licensure, public health, veterans, tobacco regulation, vaping, sales restrictions, youth protection, tobacco compliance, education programs, electronic nicotine delivery systems, campus chaplain, chaplain, school chaplain, volunteer, public K-12 schools, public schools, public charter schools, education policy