Video & Transcript Research : 'supplemental retirement benefit'
Page 1 of 500
MN
Transcript Highlights:
- And there was also giving a 2% base increase in benefit to those who retired on or after December 31st
- um giving a 2% base increase in benefit um giving a 2% base increase in benefit to<00:05:00.320>
- >
or <00:05:01.840>after to those who retired on or after to those who retired on or after - So even if someone were to be determined that they were in a five-year benefit period, they would not
- So even if someone were to be determined that they were in a five-year benefit period, they would not
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
LA
Transcript Highlights:
- At some point, they would completely retire and draw full retirement benefits.
- Well, let me ask: if you get a teacher who has 20 years and retires and draws a full benefit and comes
- So someone who can retire and then come back and receive both pay and full retirement benefits, that
- , right, are now going to be getting their full retirement benefit from the retirement system.
- benefit and coming back into the retirement system for a short period of time.
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
TX
Texas 89th Regular
Pensions, Investments & Financial Services Apr 23rd, 2025
Pensions, Investments & Financial Services
Transcript Highlights:
- The Law Enforcement Custodial Officer Supplemental Retirement Fund currently eligible for the LECO Supplement
- We call for an examination of the adequacy of the retirement benefits.
- allowing them to retire earlier with enhanced benefits.
- receive an actuarially reduced benefit if they retire earlier.
- House Bill 4029 changes this by providing a supplemental retirement pathway with in the teacher retirement
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
TX
Texas 89th Regular
Pensions, Investments & Financial Services Apr 23rd, 2025
Pensions, Investments & Financial Services
Transcript Highlights:
- Since 2001, no benefit adjustment.
- Stated simply, if a state trooper retired in 2001 with a $3,000 a month retirement, that trooper's retirement
- payment benefit.
- that those who have dedicated their lives to public service can benefit and retire with dignity and security
- I'm also a former state employee, a retired state employee with over 35 years of service, and I retired
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
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
- Benefit change.
- And those officers receive no DROP benefits. I, in Tier 1, receive no benefit from this bill.
- And gives retirees appropriate control over their own retirement benefits.
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
WY
Keywords:
HB0034, Wyoming retirement system, Wyoming Retirement Act, firefighter retirement, public employee retirement, retirement benefits, state pension, wildland firefighting, wildland firefighter, crash and rescue, Wyoming National Guard, Office of State Lands and Investments, Wyoming Retirement Board, correctional forestry crew, correctional crew supervisor, correctional forestry crew manager, general fund appropriation, state agency employees, service credit, benefit eligibility
WY
Keywords:
HB0034, Wyoming retirement system, Wyoming Retirement Act, firefighter retirement, public employee retirement, retirement benefits, state pension, wildland firefighting, wildland firefighter, crash and rescue, Wyoming National Guard, Office of State Lands and Investments, Wyoming Retirement Board, correctional forestry crew, correctional crew supervisor, correctional forestry crew manager, general fund appropriation, state agency employees, service credit, benefit eligibility
OK
Oklahoma 2026 Regular Session
Banking, Financial Services and Pensions Feb 10th, 2026 at 03:00 pm
Banking, Financial Services and Pensions
Transcript Highlights:
- Had I passed away during COVID: there would be no benefit to my family had I gone down and retired that
- , they have to have already been eligible for retirement, so the: benefit is already theirs.
- 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.
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
AZ
Arizona 2026 Regular Session
03/23/2026 - House Public Safety & Law Enforcement
Public Safety & Law Enforcement
Transcript Highlights:
- Tier 1 is a 20-year retirement. Tier 2 is a 25-year retirement, and Tier 3 is a 401(a).
- of benefit, that’s helpful.
- of benefit, that’s helpful.
- 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
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
Summary:
The committee first heard SB 1161, which would prevent lapse of a $750,000 FY2026 appropriation to DPS for the Yuma County Family Advocacy Center (Amberly’s Place). Testimony described the center’s 24/7 crisis response, forensic interview and medical services, and satellite offices in nearby communities. The bill was moved and received a do pass recommendation on an 11-0 roll call, with three members absent.
The committee then considered SB 1215, a clarifying bill on the list of cancers covered by the occupational disease presumption for firefighters and peace officers, with a retroactivity amendment to June 30, 2021. Firefighters’ representatives said the measure corrects a drafting issue involving adenocarcinoma and would prevent denials of claims; members asked about peace officer coverage, independent medical exams, and workers’ compensation impacts. The amendment was adopted and the bill received a do pass recommendation, with 11 ayes, one present, and two absent.
SB 1270, dealing with supplemental employer contributions to defined contribution accounts for corrections employees, drew testimony focused on severe retention problems in corrections and county detention. Supporters said the bill would allow optional incentive payments at service intervals to help keep trained officers on the job; members discussed vesting, recruitment versus retention, and whether the program could be funded without a new appropriation. The committee adopted the amendment and gave the bill a do pass recommendation, with ten ayes, one nay, two present, and one absent.
The committee also heard SB 1400, authorizing law enforcement wellness and crisis response programs and setting confidentiality rules. Police association testimony supported the concept but noted concerns about the breadth of the privilege carve-outs, especially if licensed therapists are involved; several members said they would support the bill after an amendment clarifying privilege protections. The bill was reported do pass with ten ayes, one nay, and two present. SB 1538, as a strike-everything amendment, would require workers’ compensation coverage for PTSD treatment for firefighters and peace officers and allow one MDMA treatment course if federal approval and rescheduling occur by January 1, 2029. Supporters described promising clinical trial results and argued it could help severe PTSD cases, while county representatives opposed the mandate and raised cost and approval concerns. The amendment was adopted and the bill received a do pass recommendation, with seven ayes, three nays, and one present.
Finally, the committee considered SB 1537, renaming the peace officer training equipment fund as the public safety de-escalation and life safety fund and repealing its advisory commission. Testimony explained the change was meant to reduce confusion between similar funds and reflect the fund’s use for de-escalation and safety equipment; some members noted opposition from the Arizona Police Association and concerns about whether the money might be better used for raises. The bill passed on a 7-4 vote with three absent. The committee then began SB 1580, which would appropriate Peace Officer Training Equipment Fund money for fire incident management support and other public safety equipment, including pepperball equipment, simulators, records management software, and retention/recruitment efforts. Testimony supported the equipment and data-sharing investments, but members also questioned accountability, ongoing costs, and whether the listed uses were the best use of the fund.
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:
- So the deferred retirement option plan essentially says that when a member reaches retirement age, 20
- This one just allows them when they hit their 20 to retire and place what would be their pension benefit
- Explain the benefits of this plan.
- benefits.
- the increase, and it also places a cap of $90,000 on salaries eligible for retirement benefits in the
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
OK
Oklahoma 2026 Regular Session
Government Oversight REVISED - HB3852 -Added Mar 5th, 2026 at 10:30 am
Government Oversight
Transcript Highlights:
- A lot of Retirement systems.
- However, it has since reduced retirement benefits.
- That as a way to pay for the benefit.
- This better aligns our retirement goals with the industry best practices.
- parent passes prior to retirement, as long as they have already qualified for the benefit.
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
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.
- So, I'm all for benefits.
- System Hazardous Duty Retirement Plan.
- The bill increases the retirement benefits to 2.5% vice the 2%.
- This is an alternative or a supplemental too.
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
AL
Alabama 2026 1st Special Session
Alabama House Ways and Means Education Committee Jan 20th, 2026
Ways and Means Education
Transcript Highlights:
- <00:04:41.040>
same retirement benefits, and but the same retirement benefits, and but the - if you retire for 12 months, this apply. if you retire for 12 months, this apply.
- So when they come back to work as a retired person, they're not in a retirement system any further.
- When they come back to work as a retired person, they're not in a retirement system any further. >> Uh
- So that's key thing retirement.
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
AL
Alabama 2025 Regular Session
Alabama House Ways and Means General Fund Committee Apr 16th, 2025
Ways and Means General Fund
Transcript Highlights:
- post-retirement qualifying period for benefits for certain occupational diseases.
- House Bill 556 concerns the employment of certain retired law enforcement officers.
- Benefits and Allowances.
- Retirement Benefits and Allowances, further providing for membership of district attorneys' plans, expanding
- systems without penalties or reductions to their retirement benefits. ...they cannot draw the ERS retirement
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
AZ
Transcript Highlights:
- ADR promised to then supplement the published forms and instructions.
- retirement plan.
- plan as opposed to a defined benefit plan.
- Another is retirement, which.
- Tier 1 is a 20-year retirement. Tier 2 is a 25-year retirement.
Keywords:
income tax, conformity, Arizona Revised Statutes, taxpayer, federal regulations, 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
Summary:
The Senate Finance Committee approved the January 26, 2026 minutes and then heard several bills dealing with tax, retirement, and property assessment issues. SB 1215, as amended, was described as a technical “comma bill” that reorganizes the list of firefighter cancer conditions presumed work-related and removes mistakenly included peace officer language; it passed 6-1. SB 1180 would codify Arizona Department of Revenue’s practice of assuming federal conformity for above-the-line income tax items when preparing forms, with supplemental instructions if the legislature later acts differently; it passed 7-0 after discussion about whether it would affect executive-ordered changes. SCR 1028, a voter-referral measure to narrow the statutory exception allowing agencies to set certain fees and assessments without a two-thirds vote, drew sharp debate over majority rule versus limits on delegated fee authority and passed 4-3.
The committee also advanced SB 1292, which clarifies that the Public Safety Personnel Retirement System’s 5% ownership cap applies only to publicly traded corporations; PSPRS said the change would avoid compliance problems and unnecessary costs, and it passed 7-0. SB 1294, restoring county assessors’ authority to prorate property values for property destroyed in any manner while preserving a five-year classification benefit only for property destroyed by verifiable accident, passed 6-1. SB 1430, the annual tax corrections act, passed unanimously after DOR said it mainly removes redundant language, fixes a cross-reference, and codifies current practice.
The committee then considered SB 1270, which would let CORP employers make optional supplemental retirement contributions of up to $5,000 to Tier 3 correctional officers and related employees at specified service intervals. Supporters from the FOP said it is a flexible retention tool for hard-to-staff correctional jobs, while some members worried it could add costs for counties and not solve the underlying retention problem; it passed 6-1. Finally, SB 1290, which requires advance notice and inspection reports for certain property inspections and bars repeat agricultural inspections for three years, drew strong support from farm groups and strong opposition from county assessors, who argued it would create costs, limit their ability to verify new construction, and interfere with annual valuation duties. The bill passed 4-2 with one member not voting, and the committee adjourned.
OK
Oklahoma 2026 Regular Session
House of Representatives Second Regular Session of the 60th Legislature Day 26 Mar 17th, 2026 at 09:30 am
Oklahoma House Floor Meeting
Transcript Highlights:
- House Bill 3721 by Kelly of the House and Fris of the Senate and act relating to retirement.
- It allows established children to elect a survivor benefit if they're unmarried public safety officer
- parent passes prior to retirement and has already qualified for the benefit.
- reading of the bill House Bill 3721 by Kelly of the House and Fris of the Senate and act relating to retirement
Keywords:
HB2936, children, child protection, adoption, Oklahoma Adoption Code, gestational carrier, gestational agreement, surrogacy, intended parent, preplacement home study, home study, prospective adoptive parent, foster placement, child abuse, child neglect, child sexual abuse, child sexual exploitation, lewd molestation, sex offender registry, Oklahoma Sex Offenders Registration Act
AL
Alabama 2026 1st Special Session
Alabama Senate Finance and Taxation General Fund Mar 18th, 2026
Finance and Taxation General Fund
Transcript Highlights:
- are able to participate in retirement. are able to participate in retirement.
- their property to benefit their property to benefit them<00:20:29.440>
in <00:20:30.159> death benefit. death benefit. - Oh, it's a death benefit. >> Yes, it's a death benefit. It's not a survivor benefit.
- Oh, it's a death benefit. >> Yes, it's a death benefit. It's not a survivor benefit.
Bills:
SB176, HB155, HB247, HB311, HB312, HB317, HB466, SB176, HB155, HB247, HB311, HB312, HB317, HB466
Keywords:
controlled substances, unlawful distribution, marijuana, violent offense, sentencing guidelines, criminal justice, state holidays, federal holidays, public holidays, legal holidays, office closures, state employees, personal leave, compensatory leave, bank closures, school closures, Mardi Gras, Mobile County, Baldwin County, Rosa Parks Day
ND
North Dakota 2025-2026 Regular Session
Senate Appropriations Apr 3rd, 2025 at 08:30 am
Appropriations
Transcript Highlights:
- They want people with cystic fibrosis to actually benefit from it.
- That makes sense from a member perspective because the PERS benefits, as many of you know, the PERS benefits
- And so it’s been a tremendous benefit.
- And so it’s been a tremendous benefit.
- And so they'll subtract benefits and give it a negative cost-benefit ratio.
Keywords:
adult residential facilities, care services, Medicaid, payment rates, elderly care, health services, North Dakota, prescription drugs, drug affordability, copay assistance, copayment accumulator, deductible accumulator, out-of-pocket maximum, health insurance, health benefit plan, self-insured health plan, self-funded plan, third-party payment, manufacturer assistance, patient assistance program
Summary:
The Appropriations Committee met with a quorum and took up three bills. House Bill 1216, dealing with prescription drug expense co-pay accumulators in health plans, was presented by Rep. Karen Carl’s, who explained it would prevent insurers from refusing to count third-party assistance toward deductibles for patients using high-cost, non-generic drugs. An amendment was offered to clarify effective dates, including a delayed January 1, 2026 start for PERS coverage. PERS testified that the amendment would align with its calendar-year benefit structure and likely reduce the fiscal note. The amendment was adopted 16-0, and the bill was set aside for further discussion later.
House Bill 1199, creating a criminal justice data-sharing system and missing persons/missing Indigenous people task force, was introduced with a committee amendment changing the Attorney General reference to the Attorney General or designee. The committee noted the bill includes a $250,000 general fund appropriation for ongoing costs. The amendment passed 16-0, and the amended bill received a do pass recommendation by a 15-1 vote, with one no vote from Senator Magrum.
House Bill 1531, appropriating $75,000 for an irrigation expansion study by the Agriculture Commissioner, was supported as a way to update older economic-impact studies on irrigation and assess opportunities for expansion. Members discussed its relationship to broader study pauses and the history of irrigation development in the state, including Garrison Diversion and remaining authorized acres. The bill passed 16-0. The committee then discussed scheduling for the coming week, noting a heavy bill load and plans for daily morning meetings before adjourning.
LA
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.
- sheriffs, three active deputy sheriffs, and three retired deputy sheriffs.
- Three retired sheriffs, three active deputy sheriffs, and three retired deputy sheriffs.
- plan of benefit for live health or other benefit programs offered by the Office of Group Benefits.
Bills:
SB25, SB250, HB22, HB27, HB33, HB47, HB233, HB290, HB308, HB324, HB382, HB533, HB559, HB575, HB980, HB1157, HB1207, HB1236, HCR45
Keywords:
registrar of voters, parish registrar, chief deputy registrar, confidential assistant, election administration, elections, salary schedule, compensation, merit evaluation, population-based pay, census-based pay, Department of State, Secretary of State, State Board of Election Supervisors, redistricting, senate districts, Senate District 33, Senate District 34, Senate District 35, precincts
AL
Alabama 2025 Regular Session
Alabama Senate Finance and Taxation General Fund Committee Apr 2nd, 2025
Finance and Taxation General Fund
Transcript Highlights:
- We do some on death records and things like that to terminate benefits, but not throughout the process
- The people on the rolls are eligible to receive the benefits that they're receiving.
- In Alabama's case, food stamp applicants are given a brochure that is labeled a cash welfare benefit
- Senator Or talks about costs the state more than we actually save in benefits.
- I know we've waited on the feds before, and again we're not reducing benefits or anything.
Keywords:
SB245, public assistance, Medicaid, SNAP, food assistance, Alabama Medicaid Agency, Department of Human Resources, eligibility verification, self-attestation, data matching, fraud prevention, improper payments, program integrity, benefit eligibility, income verification, residency verification, asset verification, electronic benefit transfer, EBT, cross-checks