Video & Transcript Research : 'teachers' retirement'

Page 1 of 500
LA

Louisiana 2026 Regular Session

Retirement May 5th, 2026

Retirement

Transcript Highlights:
  • House Bill 42 provides relative to the phased retirement program within the Teacher Retirement System
  • It might not be a retired teacher. It could be a teacher that comes in from Mississippi.
  • Or a certified teacher of any stripe. It might not be a retired teacher.
  • pays, and then when the years are, the retired teacher gets his or her money back.
  • They might be retiring. Where skilled, trained teachers can come back into the classroom.
MA

Massachusetts 2025-2026 Regular Session

Joint Committee on Public Service Mar 11th, 2026

Joint Committee on Public Service

Transcript Highlights:
  • , his wife would get a portion of his retirement.
  • So the retirement board, we talked to them, and it’s not something a retirement board can do without
  • so that I can retire with retirement plus at the age of 55.
  • , hoping to make it to 55, I will be two years shy of retirement plus.
  • those years credited toward my retirement.
LA

Louisiana 2026 Regular Session

Retirement Apr 29th, 2026

Retirement

Transcript Highlights:
  • Catherine and Whitney from the teacher retirement system. Good afternoon. Catherine Whitney.
  • We are in desperate need of teachers. In elementary, Excited about is we need teachers.
  • We are in desperate need of teachers. In elementary world, we can find teachers.
  • One of the things here allows teachers that have retired at age 65 or higher to come back with a lot
  • One of the things here allows teachers that have retired at age 65 or higher to come back with a lot
Summary: The Retirement Committee met on April 29, 2026, established a quorum, and heard a series of retirement-related bills, mostly cleanup or technical measures affecting various public retirement systems. SB 22 would extend Municipal Employees Retirement System eligibility to certain positions in the Second City Court constable’s office in New Orleans. SB 17 would create a funding deposit account for cost-of-living adjustments for registrars of voters’ employees’ retirement system. SB 455 would allow certain district and parish courts to participate in the Parochial Employees Retirement System. SB 456 would update compensation rules for assigned retired judges, and SB 8 would add the Louisiana Asset Management Pool as a participating employer in MERS. All of these bills were described as aligning statutes with current practice or expanding participation options, and each was reported favorably without objection. The committee also heard several Louisiana State Police retirement bills. SB 10 would repeal outdated priority allocation and retiree raise rules and adjust handling of surplus employee contributions; SB 11 would increase the funding cap for benefit increases from 2.5% to 3.5%; and SB 12 would update membership and definition language to reflect the State Police Commission rather than the Civil Service Commission. SB 18 would repeal a special exception allowing certain MERS retirees to return to part-time work while collecting full benefits, while protecting roughly 30 current participants. SB 20 and SB 21 would update actuarial gain/loss and unfunded liability funding rules for school employees’ retirement and LASERS, respectively, in light of the new permanent benefit increase funding structure. Each of these bills was supported by system officials as cleanup or modernization measures and was reported favorably. The committee spent the most time on education and return-to-work issues for teachers and public employees. SB 16 would reduce annual trustee training requirements for retirement system boards from 16 hours back to 12 hours, which witnesses said would better fit smaller systems and match the original intent of the law. SB 13 would similarly update TRSL’s actuarial funding rules after the sunset of the experience account. SB 14, based on a 2025 study work group, would consolidate and simplify TRSL return-to-work rules and expand options for retired teachers, with witnesses emphasizing teacher shortages and the need to retain experienced educators. All three were reported favorably. Finally, SB 416 would allow certain Department of Public Safety and Corrections retirees to return to critical shortage positions after one year, and SB 477 would classify the chairman of the Louisiana Gaming Control Board as a full-time state employee for retirement purposes. Both bills drew questions and discussion, especially SB 416, and both were reported favorably. The chair announced the committee’s next meeting would be moved from Monday to Tuesday, and the meeting adjourned.
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
  • 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.
  • And the thinking there is, especially like, say, teacher retirement: if you're making over $90,000, you're
  • Yeah, the PCS just simply states that with the Oklahoma Teachers Retirement System, the assumed rate
OK

Oklahoma 2026 Regular Session

Banking, Financial Services and Pensions REVISED: HB1182 - Removed Feb 17th, 2026

Banking, Financial Services and Pensions

Transcript Highlights:
  • House Bill 4263 would allow a retired member of the Teacher's Retirement System of Oklahoma...
  • So the deferred retirement option plan essentially says that when a member reaches retirement age and
  • And the thinking there is, especially like, say, teacher retirement, if you're making over $90,000, you're
  • Yeah, PCS just simply states that with the Oklahoma Teachers Retirement System, the assumed rate of return
  • Yeah, PCS just simply states that with Oklahoma Teachers Retirement System, that the assumed rate of
Summary: The Banking, Financial Services and Pensions Committee heard a series of retirement, banking, and school finance bills after announcing that several measures would be laid over or sent back to Rules and that the committee would recess briefly because of quorum and scheduling conflicts. The chair also explained the committee’s OPLA/safe-harbor process for pension bills and noted that many of the measures would still need oversight and floor consideration. Among the bills advanced were HB 1245, allowing certain DHS CLEET-commissioned agents to join the law enforcement retirement system; HB 4352, helping people refinance homes or businesses while protecting lenders; HB 4263, giving certain retired teachers who go to work for CareerTech a choice between TRS and OPERS; HB 1268, creating a five-year DROP option for EMTs and county sheriffs in OPERS; HB 1739, reinstating a half-pay provision in the law enforcement retirement system for OHP recruitment and retention; HB 2116, expanding OLERS eligibility to certain Office of State Fire Marshal officers; HB 2206, allowing newly hired school resource officers into OLERS; HB 3625, expanding school district investment options; HB 1889, providing a catch-up COLA for older police and fire retirees; and HB 1784, requiring TRS’s assumed rate of return not fall below its past 20-year annualized return. HB 3172, the “Fair Banking Act,” would restrict adverse actions by very large financial institutions based on lawful economic activity and require explanations on request; members asked whether it would affect Oklahoma banks and whether it mirrored a presidential executive order. HB 2193 proposed a COLA for state retirement systems with caps on eligible benefits and salaries, and members raised concerns about differing actuarial estimates and the need for more work before oversight. Most bills were reported out by committee votes ranging from 8-0 to 4-3. The chair and members repeatedly noted that several measures, especially the pension bills, would need further work with actuaries and oversight committees. The meeting ended with a brief acknowledgment of committee staff and support personnel before adjournment.
MN

Minnesota 2025-2026 Regular Session

House Ways and Means Committee 5/18/25

Ways and Means

Transcript Highlights:
  • Paul teachers.
  • </c><00:03:08.400><c> of</c> especially with the the teachers of especially with the the teachers of
  • Paul teachers. We oftentimes do want St. Paul teachers.
  • </c><00:05:36.240><c> that</c> that um the rest of the teachers that that um the rest of the teachers
  • </c> the section that is titled the teachers the section that is titled the teachers retirement<00:10
Bills: SF2884, HF1889
KY
Transcript Highlights:
  • to the date that a retired teacher can go back to work.
  • Nation, require breaks in service from the date of retirement to the date that a retired teacher can
  • Uh retired teacher is returning to work.
  • So, if a teacher retires from employer.
  • ><c> returning</c> that retired teacher is returning that retired teacher is returning full-time<00:31
Summary: The meeting began with quorum, approval of the prior minutes, and an announcement that the June meeting had been canceled and replaced by this combined May/June meeting; the next official PPOB meeting was announced for July 21 at 2:30. Staff then gave an overview of the Public Pension Oversight Board’s required actuarial audit process, explaining that House Bill 238 requires a review every five years of the retirement systems’ actuarial assumptions and methods, funded by the systems themselves. The presentation distinguished this audit from a financial or forensic audit, described the three possible audit levels (full replication, limited/spot review, or basic review), and noted that the last audit in 2021 was a level one performed by Milleman Consulting at a cost of about $190,000. Members discussed timing for the next audit cycle, with a request to LRC likely needed in July or August to target the June 30, 2026 valuation, and several members expressed interest in another level one review. Questions also addressed whether prior audits found major issues; staff said the 2021 review was generally clean but recommended more consistency in reporting and assumptions across systems. The committee then welcomed new staff and interns, including Odet Guanzi of KPPPA and Team Kentucky intern Amamira Bowman. Bo Barnes of the Teachers Retirement System presented an overview of the statutory framework for reemployment after retirement under KRS 161.605. He explained that the law is intended to let retirees return to help with staffing needs, do so in an actuarially sound way through required contributions, and keep TRS compliant with federal tax rules for a qualified plan under section 401(a). Barnes described the required breaks in service and earnings limits for retirees returning part-time or full-time, including the three-month or 12-month break depending on the employer, the 6,900-day limit, and the daily wage threshold based on years of service. He also noted a lightly used critical shortage program that allows school districts to hire retirees without a wage cap, while still observing the break-in-service rules. Members asked questions about who decides the scope and level of the actuarial audit, how the audit would treat leave balances and other benefit-related items, and whether the prior level one audit identified substantial problems. Staff said the committee would request the audit, but LRC would handle contracting, and that the audit scope could include items like sick leave and annual leave costs if requested. On the reemployment topic, Barnes emphasized that the rules are designed to avoid pre-arranged retire-and-return arrangements that could jeopardize TRS’s tax-qualified status. No formal votes were taken beyond approving the minutes, and the meeting concluded with the presentations and discussion of these pension oversight issues.
KY
Transcript Highlights:
  • </c><00:34:39.280><c> Retirement</c> General Counsel for Teachers Retirement General Counsel for Teachers
  • ><c> was</c> retired teacher health insurance was retired teacher health insurance was paid<00:53:31.359
  • </c><00:54:12.960><c> teacher</c> Uh we've moved that retired teacher Uh we've moved that retired teacher
  • > in</c><00:57:47.520><c> the</c> non-retired uh full-time teachers in the non-retired uh full-time teachers
  • ><c> retired</c><01:03:02.640><c> are</c> Kucky's teachers active and retired are Kucky's teachers active
Summary: The meeting opened with the Pledge of Allegiance and prayer, followed by a roll call confirming a quorum and approval of the prior minutes. A special guest, Dave Eager, was welcomed before the committee moved to presentations from retirement system officials. Bo Craycraft, executive director of the Judicial Form Retirement System, gave a quarterly update on investment performance, asset allocation, and cash flow. He said the plans had held up well amid market volatility, with fiscal year-to-date returns above benchmark and long-term returns remaining strong. He explained that the plans are targeted to a 70% equity/30% fixed-income allocation, that some cash is being held for cash-flow management, and that negative cash flow is expected because of funding and contribution levels. He also said Senate Bill 183, dealing with proxy voting and economic analysis for certain votes, was not expected to materially affect the plans because of their small number of holdings and Bear Trust’s long-term investment approach. Ryan Barrow and Erin Surrod then presented for the Kentucky Pension Authority. They reported positive quarterly performance across the retirement and insurance funds, though results varied by period and remained tied to broader market conditions. They said recent asset-allocation changes had been completed and the funds were now within target ranges. On cash flow, they noted some plans remained negative or near zero, with one plan benefiting from a large appropriation. In the legislative update, they described House Bill 30 as codifying an exclusion from pension-spiking calculations for across-the-board raises, and Senate Bill 10 as increasing retiree health insurance subsidies and changing employee health insurance contribution rules for certain CERS members beginning in 2026. They also said Senate Bill 183 would likely have limited impact, though the agency would review voting policies and incorporate any required economic-analysis procedures.
MA

Massachusetts 2025-2026 Regular Session

Joint Committee on Public Service Apr 14th, 2026

Joint Committee on Public Service

Transcript Highlights:
  • I don't want to retire yet.
  • Yeah, I have to retire in a couple of weeks.
  • Yeah, I have to retire in a couple of weeks.
  • Thank you for hearing my issue with my retirement from the Massachusetts Retirement System, MTRS.
  • retirement.
MN

Minnesota 2025-2026 Regular Session

House State Government Finance and Policy Committee 4/16/26

State Government Finance and Policy

Transcript Highlights:
  • So, again, um, the bill you actually have with you is for the Minnesota State Retirement System.
  • So the Minnesota state retirement bill is basically the bill... both from what you've said and I'm sure
  • So the it's the Minnesota state retirement<00:29:19.240><c> bill</c><00:29:19.480><c> is</c><00:29:19.640
  • ><c> basically</c><00:29:20.080><c> the</c><00:29:20.159><c> bill</c> The retirement bill is basically
  • So the Minnesota state retirement bill is basically the bill... And these jobs are super important.
Bills: HF4074
OK

Oklahoma 2026 Regular Session

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

Retirement and Government Resources

Transcript Highlights:
  • retiring.
  • The number of teachers that retire and get out of our system completely.
  • Would it be possible for these retired teachers coming back into the classroom to operate as reading
  • The other two, when You look at teachers; teachers are sitting right at 80% right now as of this year
  • There, keep in mind as well, teacher retirement right now we are supplementing that fund to the tune
OK

Oklahoma 2026 Regular Session

Retirement and Government Resources Feb 10th, 2026

Retirement and Government Resources

Transcript Highlights:
  • retiring.
  • retiring.
  • Well, your teachers get a full retirement, plus now they're drawing a salary in the school districts
  • Would it be possible that these retired teachers that are coming back into the classroom would be operating
  • Keep in mind as well, teacher retirement right now, we are supplementing that fund to the tune of right
Summary: The Committee on Retirement and Government Resources heard several bills dealing with state employment, purchasing, and retirement policy. Senate Bill 1415, by Senator Brooks, would prohibit nondisclosure agreements when a state employee resigns or is terminated, with exceptions for statutorily protected confidentiality such as physician or attorney privilege. Members questioned how the bill would interact with whistleblower protections and sensitive information, but the bill passed 6-1. The committee then considered Senate Bill 1714, by Senator Jett, which would expand an existing state employee suggestion/incentive program to encourage agencies to identify cost savings and efficiencies, require agencies to review recommendations in good faith, and report back on accepted or rejected ideas. Members raised concerns about open meetings, employee notification, written documentation of suggestions, and possible disputes over the value of savings. The author agreed to work on amendments, the title was struck, and the bill passed as amended 5-2. Senate Bill 1962, by Senator Bullard, would move certain purchasing exemptions out of statute and into the administrative rules process so exemptions must be periodically renewed and justified. Supporters said this would reduce personality-driven exemptions and improve oversight, while concerns were raised about ongoing needs and emergency situations. The bill passed unanimously 7-0. The committee also passed Senate Bill 26, which would allow retired teachers to return to work after a 90-day break with a salary set by local districts and a 3% contribution back to the retirement system, and Senate Bill 172, which would tie cost-of-living adjustments for pension systems to funding benchmarks and a rolling average, rather than legislative discretion; both bills passed, with SB 26 passing 7-0 and SB 172 passing 6-1. The chair noted the committee expected at least one more meeting and hoped to finish the following week.
OK

Oklahoma 2026 Regular Session

Retirement and Government Resources REVISED Feb 17th, 2026 at 10:30 am

Retirement and Government Resources

OK

Oklahoma 2026 Regular Session

Retirement and Government Resources REVISED Feb 17th, 2026

Retirement and Government Resources

Transcript Highlights:
  • And so the state took them over, and we funded that by borrowing money from the Teachers' Retirement
  • System hazardous duty retirement plan.
  • into that system here in the police retirement system.
  • personnel who are teachers to receive the same rate of pay as our current teachers.
  • at 42,000 teachers.
Summary: The Senate Committee on Retirement and Government Resources considered a series of retirement, pension, and state employee bills. Senate Bill 1870 would let small municipalities in OPERS with populations of 2,000 or less opt out for new employees; members questioned the fiscal impact and the bill passed 8-0 after the chair struck the title to get a clearer actuarial analysis. Senate Bill 1722 passed 9-0 and would require OMES construction contract fees to be based only on construction costs, not interior design and furnishings, with members discussing how to define those terms and whether historical or specialized projects could still be accommodated. Senate Bill 1639 passed 9-0 after an amendment removed provisions affecting the Indian Education Act commission, leaving a bill to repeal several dormant boards and commissions. The committee also passed Senate Bills 715 and 716, which would increase municipal contributions to firefighter and police pensions, respectively; members raised concerns about city budgets, and the sponsor said he was open to phasing in the increases. Senate Bill 182 passed 5-2 to add certain DHS Inspector General officers and OJA residential care specialists to hazardous duty retirement, and Senate Bill 609 passed 7-0 to allow police recruits to buy up to five years of prior out-of-state service credit as a recruitment tool. The committee then passed Senate Bill 169 5-2 to increase state employee longevity pay by 50%, with supporters citing high turnover and opponents warning about budget pressure and the need for broader raises. Senate Bill 134 passed 7-0 to shorten the waiting period for county employees to return to work from one year to six months. Senate Bill 432 passed 6-0 to raise volunteer firefighter pension benefits, and because it was double-assigned it would next go to Appropriations. Senate Bill 1407 passed 7-0 after an amendment requiring OMES to provide the Commission on the Status of Women an itemized accounting of funds; the bill generally clarifies staffing and financial reporting authority for the commission. Finally, Senate Bill 2039 passed 8-0 after an amendment narrowing the bill to military personnel who are also teachers and defining salary for buyback purposes; the sponsor said the measure would help service members return to teaching and buy back up to five years of credit. The committee also passed Senate Bill 1356 7-0, a broader OMES cleanup bill moving certain functions elsewhere, though members flagged concerns about relocating the state use program and the pay-for-success fund and suggested further study on those sections.
WA

Washington 2025-2026 Regular Session

Senate Ways & Means Jan 20th, 2026 at 04:00 pm

Ways & Means

Transcript Highlights:
  • , but not math teacher versus science teacher versus, you know, that it's at the macro level.
  • Railroad Retirement Board that provides retirement benefits, disability, and survivor benefits to qualified
  • And this exclusion, a railroad retirement board that provides retirement benefits, disability, and survivor
  • The railroad retirement system provides a separate railroad retirement program for railroad workers,
  • The railroad retirement system provides a separate railroad retirement program for railroad workers,
Summary: The Ways and Means Committee met on January 20, 2026, for public hearings on several Senate bills and to move three bills out of committee. The committee heard first on SB 5834, which would make permanent a temporary expansion allowing retirement system trust funds to pay certain administrative expenses from interest earnings; DRS supported the bill and noted an actuarial note showing an indeterminate impact. The committee then heard SB 5835, which would raise the lump-sum retirement allowance threshold for Plan 2 members to match Plan 3 and allow annual adjustment; DRS described it as a technical consistency change with a small one-time systems cost. Both bills were heard only, with no action taken in the transcript. The committee then entered executive session and moved Substitute SB 5249, Substitute SB 5053, and Substitute SB 5203 without recommendation to the Rules Committee, subject to signatures. Staff summarized 5249 as allowing kit homes for emergency housing, 5053 as allowing certain counties to include school district boundaries when forming a public facilities district, and 5203 as directing state agencies to develop wildlife habitat connectivity strategy and creating related accounts. All three motions passed without recorded opposition. Back in public hearing, the committee heard SB 5883 on SEBB eligibility for school employees in their second school year of employment. Supporters, including labor representatives and individual school workers, said the current two-year look-back causes gaps in coverage and hardship for substitutes and paraeducators; opponents, including school district officials and administrators, argued it would create an unfunded mandate, increase district costs, and add administrative burden. The committee also heard SB 5905, which would exclude certain port workers already covered by federal railroad retirement or collectively bargained pension plans from PERS membership; ports, labor, and DRS supported the bill as a narrow technical fix, and the bill was heard without action. The committee then heard SB 6151, which would create dedicated accounts for Ecology fee revenue related to laboratory accreditation and landfill methane work; Ecology and county representatives supported it as a transparency and reinvestment measure. Finally, the committee heard SB 6163, which would require the Individual and Family Services waiver for developmental disability services to be funded at maintenance level and tied to the caseload forecast. Disability advocates said the bill would stabilize services and reduce wait lists, while the fiscal note discussion indicated increased general fund costs. The committee also heard SB 6177, which would require additional budget information on the LEAP fiscal website, and SB 6173, which would create an Apple Health employer assessment on certain large employers with Medicaid-enrolled workers after federal work requirements take effect. SB 6173 drew strong support from health advocates, labor, and patient groups as a way to protect Medicaid funding, and strong opposition from business, retail, hospitality, and hospital groups, who called it an unfair tax and raised administrative and legal concerns. No votes were taken on the public hearing bills in the transcript, and the meeting ended with a reminder that signature sheets would be held for 24 hours under Senate rules.
AL

Alabama 2026 Regular Session

Alabama House Ways and Means Education Committee Jan 20th, 2026

Ways and Means Education

Transcript Highlights:
  • So, my bill is retirement would stop.
  • </c> 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.
KY

Kentucky 2026 Regular Session

House Legislative Session Day 59 (4-14-26) - Part 1

Kentucky House Floor Meeting

Transcript Highlights:
  • And that's money that could be going into students, could be going toward teacher pay, staff pay.
  • 33.840><c> um</c> into students, could be going toward um into students, could be going toward um teacher
  • <01:15:34.480><c> staff,</c><01:15:35.040><c> teacher</c><01:15:35.600><c> pay,</c><01:15:36.320><c>
  • </c> teacher staff, teacher pay, staff pay. teacher staff, teacher pay, staff pay.
OK

Oklahoma 2026 Regular Session

Revenue and Taxation Feb 16th, 2026 at 01:30 pm

Revenue and Taxation

Transcript Highlights:
  • Remember, Senate Bill 1776 is part of a teacher retention strategy.
  • As I mentioned, this is one component of a larger teacher recruitment and teacher retention strategy.
  • So, we talk a lot about treating teachers like professionals.
  • Chairman, just for clarification, this is only within the retirement systems.
  • Should that say any state retirement system may invest in digital assets?
OK

Oklahoma 2026 Regular Session

Revenue and Taxation Feb 16th, 2026

Revenue and Taxation

Transcript Highlights:
  • Senate Bill 1776 is part of a teacher retention strategy.
  • There's a 20-year kind of retirement threshold you have to hit.
  • There's a 20 year kind of retirement threshold you have to hit.
  • This is one component of a larger teacher recruitment and teacher retention strategy.
  • So we talk a lot about treating teachers like professionals.
Summary: The Revenue and Taxation Committee met and considered several bills. Senate Bill 1776, by Senator Pugh, would create a $10,000 refundable tax credit for teachers with seven consecutive years of service, as part of a teacher retention strategy; after questions about the seven-year threshold, it passed 8-3. Senate Bill 1858, by Senator Frix, would create a new TIF district financing option allowing developers, rather than cities or counties, to borrow against projected TIF revenues; the committee adopted an amendment changing a filing provision from “may” to “shall,” and the bill passed 7-4. Senate Bill 1985, by Senator Guthrie, would let state retirement systems consider limited investments in regulated digital assets, capped at 5% and narrowed to large-market-cap assets; the committee added an amendment inserting “in” to clarify the language, and the bill passed 9-2. The committee then rejected Senate Bill 1302, by Senator Kirt, which would repeal the “path to zero” trigger tied to future income tax cuts; it failed 2-9 after debate over fiscal stability and tax relief. Senate Bill 1809, by Senator Hamilton, would raise the homestead exemption from $1,000 to $5,000; members debated its impact on local governments and school funding, but it passed 9-2. Senate Bill 1401, by Senator Rader, was amended to adjust the insurance premium tax rate from 1.96% to 2.16% and eliminate the home office premium tax credit; the bill was laid over after concerns about its fiscal impact. Finally, Senate Bill 2053, also by Senator Rader, would allow cities and counties to impose up to a 10% excise tax on medical marijuana dispensaries by local vote, with OTC handling collections and enforcement; supporters framed it as local control and a way to offset public safety costs, while opponents argued it unfairly targeted dispensaries and consumers. The bill passed 7-3. The committee then adjourned and announced it would meet again the following Monday after floor activity.