Video & Transcript Research : 'retirement'

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LA

Louisiana 2026 Regular Session

Retirement May 5th, 2026

Retirement

Transcript Highlights:
  • At some point, they would completely retire and draw full retirement benefits.
  • It might not be a retired teacher.
  • They might be retired, they might not be retired. But that's what my concept is. Thank you.
  • , right, are now going to be getting their full retirement benefit from the retirement system.
  • 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 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
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
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.
  • That when they retire, money goes into the Plan B account.
  • System Hazardous Duty Retirement Plan.
  • The bill increases the retirement benefits to 2.5% vice the 2%.
  • 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?
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

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
Summary: The House Ways and Means Committee considered a series of Senate bills and one concurrent resolution, with several measures involving virtual currency, county tax liens, tax conformity, and retirement system investments. The chair announced that Senate Bill 1503 would be held at the sponsor’s request and noted this was likely the committee’s last meeting of the session. The committee also heard testimony on Senate Bill 1042, which would allow state treasurer and retirement system funds to invest up to 10% in virtual currency holdings, and Senate Bill 1043, which would allow state agencies to accept virtual currency payments through agreements with providers. Members raised concerns about volatility and government involvement, but both bills were described as permissive rather than mandatory and were returned with due pass recommendations by 5-3 votes. The committee then took up Senate Bill 1067, dealing with county cleanup assessments for blighted properties in unincorporated areas. Chairman Olson offered an amendment removing the bill’s property-tax-bill mechanism and instead preserving county liens so cleanup costs could survive a tax lien sale. County representatives and the County Supervisors Association supported the amended approach as a way to recover costs and make counties whole. The amendment was adopted unanimously, and the bill as amended passed 8-0. Senate Bill 1292, clarifying that the Public Safety Personnel Retirement System’s 5% voting-stock cap applies to publicly traded corporations, also passed with broad support after testimony from PSPRS. Two tax-administration bills prompted extended debate. Senate Bill 1180 would direct the Department of Revenue to prepare tax forms based on conformity to the Internal Revenue Code unless the legislature enacts nonconformity; Chairman Olson’s amendment limited the presumption to provisions that reduce federal adjusted gross income or taxable income, reflecting concerns about automatic tax increases. The sponsor said the bill was meant to clarify legislative intent and prevent executive overreach, while several members said the amended version was materially different from the original. The amendment and the bill as amended both passed 5-3. Senate Bill 1221 would require DOR to notify the House Ways and Means and Senate Finance chairs before adopting new interpretations or applications of tax law that adversely affect taxpayers and to testify if hearings are held; an intent amendment was adopted, and the bill passed 5-3 amid debate over the meaning of “adversely.” Finally, Senate Concurrent Resolution 1033, which encourages the Arizona State Retirement System and PSPRS to monitor digital asset exchange-traded funds and report on feasibility, risks, and benefits before the next session, was approved 5-3. Some members objected to the use of “encourage” and to the underlying cryptocurrency policy, while supporters said the resolution simply sought information and did not mandate investment. The committee then adjourned.
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.
Summary: The committee first heard House Bill 2785, a tax conformity measure that would update Arizona statutes to conform to the Internal Revenue Code as of January 1, 2026, including retroactive provisions for tax year 2025. The sponsor and supporters said the bill would align state law with tax forms already issued by the Department of Revenue, provide certainty to filers, and deliver about $440 million in tax relief through provisions such as no tax on tips and overtime, a larger standard deduction, and a $6,000 senior deduction. Opponents argued the bill would significantly reduce state revenue, disproportionately benefit higher-income taxpayers, and should be considered alongside a broader budget plan. After debate and an amendment addressing retroactivity and foreign dividends, the committee approved HB 2785 on a 5-4 vote. The committee then took up several Arizona State Retirement System and education savings bills. HB 2089 clarified the health insurance premium benefit subsidy for retirees and passed unanimously. HB 2090 changed the disability determination period for long-term disability benefits from 24 months within a five-year period to a straight 24-month period and passed 8-1. HB 2092 allowed employees over age 65 to waive ARS participation within 30 days of becoming eligible and also passed 8-1. HB 2477 conformed Arizona’s 529 education savings plan to federal law, including expanded uses and a permanent rollover to ABLE accounts and Roth IRAs; testimony supported the cleanup and simplification, but some members raised concerns about the Roth rollover and possible use of transferred ESA funds. HB 2477 passed 5-3 with one present vote, and the committee then adjourned.
LA

Louisiana 2026 Regular Session

Finance May 11th, 2026

Finance

Transcript Highlights:
  • Okay, this is a bill relative to the clerk of court's retirement system.
  • Laura Gail Sullivan, I'm here on behalf of the clerk's retirement.
  • The back Deferred Retirement Option Program in the Sheriffs' Pension and Relief Fund.
  • sheriffs, three active deputy sheriffs, and three retired deputy sheriffs.
  • Three retired sheriffs, three active deputy sheriffs, and three retired deputy sheriffs.