Video & Transcript DataContr Research : 'pensions'

Page 2 of 8
TX

Texas 2025 - 89th Regular

Finance Apr 2nd, 2025

Senate Finance Committee

Transcript Highlights:
  • This is the last remaining statewide pension system program that is not actuarially sound.
  • Similar to the IRS pension reform in 2021, it would

  • As I said, it's the last unfunded pension system in the state. Okay.
  • You have 15 years to earn a pension. And I'd like to thank...
  • When I got into the fire service, I couldn't believe there was a pension system for volunteers.
Summary: The meeting of the Senate Committee on Finance included the introduction of SB1337 by Senator Krayton. This bill aims to provide a fair and accurate system for calculating tax obligations, mandating the comptroller to assess penalties only on the net tax due from a taxpayer rather than allowing overpayments to offset underpayments under limited circumstances. Senator Krayton elaborated on how the bill ensures that taxpayers who overpay can use that surplus to cover any underpaid taxes of the same type, ensuring fairness for both the state and taxpayers. Several discussions ensued regarding the administration of the bill, with contributions from various members including representatives from the Comptroller's Office.
TX

Texas 2025 - 89th Regular

89th Legislative Session Mar 31st, 2025 at 04:03 pm

Texas House Floor Meeting

Transcript Highlights:
  • This is referred to the Committee on Pensions, Investments
  • debt incurred by certain individuals as a result of identity theft, referred to the Committee on Pensions
  • the removal of certain eviction case information from credit reports, referred to the Committee on Pensions
  • right to own, hold, and use mutually agreed-upon mediums of exchange, referred to the Committee on Pensions
  • right to own, hold, and use mutually agreed-upon mediums of exchange, referred to the Committee on Pensions
Summary: The committee meeting primarily addressed various proposed bills concerning public safety, education, and taxation. Notably, HB4250 was discussed, relating to emergency power sources for nursing facilities. During the session, several amendments were proposed, leading to an in-depth discussion on the adequacy of the current infrastructure to support emergency generators, especially in light of recent events. The committee members also engaged in conversations regarding H.J.R. 172, a proposed constitutional amendment aimed at tax exemptions for residential properties, which sparked considerable debate about its fiscal implications.
TX

Texas 2025 - 89th Regular

89th Legislative Session Apr 9th, 2025 at 10:00 am

Texas House Floor Meeting

Transcript Highlights:
  • by Sparks relates to the authorization of issuance of bonds on election day for the Committee on Pension
  • by Sparks relates to the authorization of issuance of bonds on election day for the Committee on Pension
  • by Sparks relates to the authorization of issuance of bonds on election day for the Committee on Pension
  • data-time="7578"> This relates to the financial crimes intelligence center for the Committee on Pensions
  • This bill is referred to the Committee on Pensions, Investments, and Financial Services.
Summary: In this meeting, significant discussions took place surrounding various bills aimed at improving state operations and addressing public concerns. Notably, HB204 was passed, which deals with the annual salary of certain state prosecutors and was presented by Mr. Tepper. The committee also engaged heavily with HB748, titled Trey's Law, which seeks to end the use of non-disclosure agreements in cases of sexual abuse against minors. The bill received a strong response from the members, reflecting a growing concern for child's rights within the legislature. Furthermore, the committee deliberated on HB912, focused on compensation for renewable generation owners, and moved forward with discussions about infrastructure funding reforms, illustrated by SB14's passage.
TX

Texas 2025 - 89th Regular

89th Legislative Session Mar 26th, 2025 at 10:00 am

Texas House Floor Meeting

Transcript Highlights:
  • You've already retired, you've already gained your pensions, and you want to come back to teach again
  • certain financial information related to perpetual care cemeteries, referred to the Committee on Pensions
  • the prohibited activities of state trust companies under supervision in front of the Committee on Pensions
  • approve the issuance of general obligation bonds by political subdivisions for the Committee on Pensions
  • the threshold of voter approval for a school district bond election, in front of the Committee on Pensions
Summary: The committee meeting highlighted a series of bills focused on various legislative concerns, including healthcare, education, and regulatory measures. The discussion was notably lively, with several members expressing strong support for initiatives aimed at enhancing workforce development in the healthcare sector. Specific bills such as HB3801 and HB3803 were examined, with members detailing the benefits of establishing dedicated councils to improve local health resonating throughout the meeting. Additionally, the incorporation of advanced technologies in the education system was a focal point, particularly in relation to HB3828 regarding the Cancer Prevention and Research Institute.
TX

Texas 2025 - 89th Regular

89th Legislative Session Apr 1st, 2025 at 10:00 am

Texas House Floor Meeting

Transcript Highlights:
  • and grants supporting the investigation and prosecution of certain offenses for the Committee on Pensions
  • marker="1378" data-time="8262"> service by members of the Texas National Guard for the Committee on Pensions
  • Referred to the Committee on Pensions, Investments, and Financial Services, HB 4334 by Gervin Hawkins
  • Lampere, relating to increasing the interest rate on certain consumer loans, for the Committee on Pensions
  • enhancing border security, authorizing appeal and providing civil penalties for the Committee on Pensions
Bills: HJR4, HJR6, HB195, HB13, HB143, HB135
Summary: The meeting focused primarily on H.J.R. 4, a proposed constitutional amendment that aims to prohibit taxes on securities transactions and occupation taxes on securities market operators. Representative Meyer introduced the resolution, explaining its intention to prevent the state legislature from imposing such taxes indefinitely. The proposal received unanimous support from the Ways and Means Committee but faced scrutiny from other members concerned about its implications for equity and taxation in Texas. Key discussions highlighted the potential long-term consequences of locking in tax breaks for wealthier entities, particularly amid rising living costs for ordinary Texans.
TX

Texas 2025 - 89th Regular

89th Legislative Session May 31st, 2025 at 02:05 pm

Texas House Floor Meeting

Transcript Highlights:
  • We passed a judicial pay bill out of this chamber and delinked it from our own pensions and from the
  • Senate's pension.
  • That the senators intended judicial pay to be contingent upon an increase to our pensions, correct?
  • Well, Chairman Leach, I'm not pension eligible, but

  • for us right now to be giving ourselves a pension increase
Summary: The meeting involved extensive discussions around several key bills, with highlights focused on the implications of SB12, which emphasized the Texas Parent Bill of Rights. Members debated its potential impacts on educational practices, particularly concerning diversity and inclusion efforts in schools. Concerns were raised about how the removal of DEI programs could adversely affect students with disabilities, particularly those on the autism spectrum. Additionally, SB1506 was addressed, with a significant change proposed to include stricter regulations regarding fentanyl possession, reflecting ongoing concerns about substance abuse in the community. The meeting was well-attended, featuring participation from multiple representatives expressing opinions regarding these bills. The chair recognized various members to provide input, and all discussions culminated in multiple votes on the proposed conference committee reports. The atmosphere was charged as representatives weighed the consequences of these legislative actions on their constituents. In conclusion, the committee successfully adopted multiple measures and set the stage for further engagement on the legislative agenda ahead.
TX

Texas 2025 - 89th Regular

State Affairs (Part I) May 8th, 2025

Senate State Affairs Committee

Transcript Highlights:
  • Right now, pension funds and state investments can be exposed
  • . government from 2017 to 2021, I was part of the effort to push the federal government's primary pension
  • who together control between $1 and $2 trillion in pension
  • legislation, they've achieved hundreds of billions of dollars in investments from state and local pensions
  • 361" data-time="2160"> the considerations here as part of the law, which would relieve your state pension
Summary: The meeting held by the committee covered multiple critical bills focusing chiefly on the implications of non-disclosure agreements (NDAs) related to child sexual abuse and the prohibition of state investments in companies tied to nations deemed as threats, such as China and Russia. Debate around HB34 emphasized the necessity of protecting Texas taxpayers and maintaining national security by avoiding investments in these adversarial nations. Additionally, House Bill 748 spurred poignant reflections and testimonies from abuse survivors aiming to combat the silencing effect of NDAs on victims. The legislators expressed a consensus on the urgency of these issues, particularly the need for Trey's Law, which aims to empower survivors and diminish the influence of NDAs that shield abusers from accountability.
TX

Texas 2025 - 89th Regular

Appropriations Feb 19th, 2025 at 10:30 am

House Appropriations Committee

Transcript Highlights:
  • The TRS Pension Trust Fund was created in 1937.

  • And as a mature pension fund, most of our benefits are being paid out by investment returns.
  • That is just the arc of a mature pension fund like we are.
  • That growth is good for us as a pension system.
  • In a case like this, when our members have called, we tell them the pension fund is sound.
Summary: During this committee meeting, the focus was on discussing critical infrastructure funding, especially related to water supply and flood mitigation projects. Chairwoman Stepney and the Water Development Board presented extensive details regarding the Texas Water Fund, which included $1 billion appropriated to assist various financial programs and tackle pressing water and wastewater issues. Additionally, funding allocations aimed at compromising the state's flood risk and improving water conservation were hotly debated, emphasizing collaboration among committee members and the necessity of addressing community needs in such projects.
TX

Texas 2025 - 89th Regular

Appropriations Feb 19th, 2025 at 10:02 am

House Appropriations Committee

Transcript Highlights:
  • As I mentioned, our pension trust fund stands at about $210 billion.
  • That is just the arc of a mature pension fund like we are.
  • That growth is good for us as a pension system.
  • In a case like this, when our members have called, we tell them the pension fund is sound.
  • Retirement System on the ERS pension fund.
Summary: The meeting focused on significant discussions surrounding the Texas state water planning process and flood mitigation efforts. During the session, experts presented on the need for an adaptive and collaborative approach to manage Texas's water resources. A particular emphasis was placed on the upcoming updates to the state water plan, which aims to address projected shortages and enhance infrastructure to handle both drought and flood conditions. The collaboration involved regional groups who play a vital role in identifying community needs regarding water infrastructure development.
TX

Texas 2025 - 89th Regular

89th Legislative Session Mar 24th, 2025 at 02:03 pm

Texas House Floor Meeting

Transcript Highlights:
  • investment practices and performances of certain public retirement systems, referred to the Committee on Pensions
  • police officers' public retirement system for certain municipalities, referred to the Committee on Pensions
  • fiscal transparency for bonds issued by local governmental entities, referred to the Committee on Pensions
Summary: In the recent committee meeting, a wide array of bills were discussed, including significant topics such as education reforms, public health initiatives, and environmental regulations. Members engaged in a robust discussion regarding HB3478, which relates to definitions of child abuse and neglect, where concerns were raised about the implications for vulnerable children. Additionally, HB3487 sparked debate over tax collection practices that affect restaurant owners involved in oyster shell recycling programs, highlighting the balance between environmental sustainability and business concerns.
TX

Texas 2025 - 89th Regular

89th Legislative Session May 28th, 2025 at 10:05 am

Texas House Floor Meeting

Transcript Highlights:
  • unfunded liability and will keep both pension funds within
Bills: SB15, SB646, SB800, SB790, SB748, SB571, SB1957, SB1923, SB1896, SB1760, SB1335, SB2368, SB2477, SB2587, SB2986, SB2965, SB1563, SB1467, SB1164, SB1137, SB614, SB705, SB918, SB955, SB869, SB850, SB863, SB1055, SB2206, SB457, SB2337, SB1610, SB1362, SB926, SB1494, SB251, SB456, SB500, SB1307, SB2615, SB2995, SB2321, SB2972, SB973, SB865, SB506, SB1522, SB1558, SB510, SB667, SB763, SB2073, SB1858, SB1660, SB2900, SB1433, SB1540, SB1964, SB1300, SB1644, SB2217, SB2373, SB2431, SB1758, SB974, SB2480, SB3039, SB3047, SB2781, SB826, SB766, SB527, SB1946, SB2885, SB1243, SB2610, SB857, SB2501, SB66, SB268, SB331, SB1302, SB519, SB2807, SB13, SB7, SB1718, SB1567, SB1233, SB413, SB2177, SB30, SB2024, SJR1, SCR27, SB2018, SB1580, SB2121, SB1049, SB1266, SB1400, SB1596, SB2753, SB2221, SB1719, SCR9, SB204, SB437, SB568, SB612, SB672, SB710, SB823, SB876, SB904, SB905, SB968, SB1084, SB1207, SB1230, SB1313, SB1504, SB1790, SB2232, SB2366, SB2367, SB2398, SB2515, SB2520, SB2589, SB2786, SB2790, SB3048, SB3050, SB3052, SB3053, SB3056, SB3029, SCR3, SCR18, SCR30, HCR146, HCR148, HCR149, HCR153, HCR155, HCR157, HB5560, HB762, HB1584, HB107, HB114, HB138, HB4386, HB2495, HB581, HB3348, HB5323, HB4341, HB6, HB2712, HB171, HB3153, HB143, HB2688, HB3464, HB449, HB3486, HB4263, HB2, HB1522, HB24, HB1237, HB2637, HB3126, HB3233, HB4310, HB3487, HCR9, HB5331, HB1397, HB163, HB3250, HB3071, HB3463, HB5033, HB35, HB3824, HB216, HB4226, HB3512, HB18, HB5154, HB103, HB851, HB647, HB4520, HB3016, HB2313, HB2818, HB2851, HB4486, HB4264, HB1500, HB5081, HB2974, HB2080, HB4384, HB5659, HB493, HB4903, HB2516, HB4488, HB4530, HB3689, HB145, HB43, HB5247, HB2221, HB5671, HB700, HB3711, HB120, SB17, SB1637, SB1833, SB2155, SB21, SB2778, SB379
Summary: The meeting featured a comprehensive discussion involving several bills primarily focused on education, mental health, and public safety. Notable was the passage of SB204, which establishes a parental rights handbook that consolidates various rights pertaining to education and training for school district trustees. The bill was passed unanimously, highlighting strong bipartisan support for parental engagement in education. Additionally, the committee discussed SB2277, which allocates funding to assist local law enforcement with violent crime rates, indicative of a heightened concern over public safety. Amendments and testimonies highlighted the various stakeholders' views, emphasizing the importance of community engagement in legislative measures.
TX

Texas 2025 - 89th Regular

Public Education Mar 6th, 2025 at 08:03 am

House Public Education Committee

Transcript Highlights:
  • ...how our pensions work, but I've been looking into this because
  • testimony I've heard before from the head of TRS, when he spoke to appropriations, I'm sorry, to the Pension
  • It's talking about the fact that the bill increases teacher pay, which in turn affects the pension system
  • span>

    If we don't clarify how these increases impact the pension

  • We had a hearing in the Pensions Committee regarding TRS just last week on February 3rd.
Bills: HB2
Summary: The Public Education Committee meeting primarily focused on discussions related to House Bill 2, which addresses public education funding and the need for increased Texas teacher salaries. Testimonies were provided by various educators and stakeholders expressing concerns about the existing funding levels, particularly highlighting the inadequacy of the proposed $220 per student increase, which many believe falls short of what is necessary to meet inflation and the growing costs of education. During the testimony, members emphasized the need for a substantial increase to at least $1,300 per student, citing a critical shortage of certified teachers and the impact this has on student learning outcomes. Witness statements indicated that without a significant funding overhaul, students and teachers would continue to suffer from underfunded programs and resources.
TX

Texas 2025 - 89th Regular

89th Legislative Session Mar 17th, 2025 at 02:00 pm

Texas House Floor Meeting

Transcript Highlights:
  • Refer to the Committee on Pension Investments and Financial

  • For the Committee on Pensions, Investments, and Financial
  • contributions for employed retirees of the Teacher Retirement System at Texas for the Committee on Pension
  • Refer to the Committee on Pensions, Investments, and

Summary: The committee meeting extended over a range of proposed legislation, heavily focusing on various constitutional amendments and significant bills affecting education, public safety, and local governance. A notable discussion included H.J.R. 123, which proposed establishing an independent redistricting commission—a move that stirred considerable debate among members. Additionally, H.A.R. 124 aimed at creating a state school health and safety fund, receiving full support from the committee members present. Multiple public testimonies were provided, emphasizing the anticipated impact these resolutions would have on community welfare.
TX

Texas 2025 - 89th Regular

Finance Mar 5th, 2025

Senate Finance Committee

Transcript Highlights:
  • Last session, I authored a bill to reform the JRS 2 pension plan to make it actuarially sound.
  • Remember, it also comes with a pension, really great health insurance.
  • Sometimes you get state and county health insurance, and you get state and county pensions.
  • I mean, because you can be in on the county pension too,
  • because you get a county pension and a county salary.
Bills: SB260, SB263, SB293, SJR18
Summary: The committee meeting centered around discussions on Senate Bill 260, which aims to enhance school safety through increased funding. Senator Huffman highlighted the initiative to double both the per-student and per-campus safety allotments. Testimonies from various stakeholders, including educators and mental health advocates, underscored the importance of addressing both physical safety and mental health needs in schools. The discussions revealed a strong consensus on the necessity of adequate resources for effective school safety measures while acknowledging the financial challenges faced by districts in meeting legislative mandates. The meeting concluded with a positive recommendation for the bill's passage to the full Senate.
TX

Texas 2025 - 89th Regular

89th Legislative Session Jun 2nd, 2025 at 11:06 am

Texas House Floor Meeting

Transcript Highlights:
  • The proposal includes de-linking pensions from judicial
  • to legislative pensions.
  • We are co-equal branches of government, and legislative salaries are too low to base any sort of pension
  • Our legislative pensions are linked to the base salary
  • We initially go up to the $175,000 that a pension is linked to that in statute, but then going forward
Summary: In this meeting, the committee primarily focused on the conference committee report for SB293. Representative Leach highlighted the collaborative efforts of both the House and Senate conferees in crafting a historic legislative package that aims to provide significant pay raises for Texas judges, a move deemed essential for maintaining a strong judiciary in the state. The discussion underscored the importance of bipartisan cooperation in achieving meaningful legislative outcomes. Additionally, there was a recognition of the hard work put in throughout the 89th session, with various members expressing pride in their achievements, particularly in public education reform.
US
Transcript Highlights:
  • data-time="1440"> On Health, Education, Labor, and Pensions
  • The Health, Education, Labor, and Pensions Committee

Summary: The meeting focused on vital health-related nominations, primarily emphasizing the roles of Dr. Jay Bhattacharya for NIH Director and Dr. Monty McCary for FDA Commissioner. During the discussion, various senators expressed their support and concerns regarding these nominations. Senator Sanders voiced opposition to both candidates, highlighting issues related to drug affordability and public trust in health agencies. He emphasized the need for leaders committed to transparency and addressing the epidemic of high prescription drug prices, advocating for action against pharmaceutical industry greed. Overall, the conversation underscored the critical crossroads in public health leadership amidst ongoing challenges such as trust restoration and healthcare accessibility.
TX

Texas 2025 - 89th Regular

Finance Feb 10th, 2025

Senate Finance Committee

Transcript Highlights:
  • There is a peer group, though, for public pension groups. They're very large.
  • We have a pension trust fund that is currently...
  • We also have reached several milestones within the pension fund I wanted to mention.
  • That shows our pension trust fund performance over time. You can see that we go up and down, but...
  • This means that when we're paying out $15 billion in pension...
Bills: SB1
Summary: The meeting covered a wide range of topics, focusing primarily on pending legislation and various policy issues facing the committee. Discussions were notably animated surrounding several bills, with members expressing both support and concern over their implications. Witness testimonies were heard, shedding light on different perspectives regarding the legislation in question, indicating a robust public interest and engagement in the topics discussed. Members collaborated to address constituents' concerns while seeking solutions that align with the committee's objectives.
TX

Texas 2025 - 89th Regular

89th Legislative Session Feb 27th, 2025 at 10:00 am

Texas House Floor Meeting

Transcript Highlights:
  • of Harris relating to the Financial Crimes Intelligence Center was referred to the Committee on Pensions
  • System of Texas as law enforcement or custodial officer services, was referred to the Committee on Pensions
  • fraudulent use or possession of credit card or debit information, was referred to the Committee on Pensions
  • fraudulent use or possession of credit card or debit information, was referred to the Committee on Pensions
Summary: The meeting focused on honoring Senator Judith Zaffirini for her exceptional service to the state of Texas, marking her as the first female dean of the Texas Senate. Various members spoke of her achievements, highlighting her dedication to public service and her significant impact on the community and education, particularly for students with disabilities. The atmosphere was filled with camaraderie and deep respect, as colleagues shared personal anecdotes and affirmed her role as a mentor and leader.
TX

Texas 2025 - 89th Regular

State Affairs May 12th, 2025 at 08:05 am

House State Affairs Committee

Transcript Highlights:
  • State pension funds, including those in Texas, are affected

  • span> China-based companies and their affiliates may violate state pension
  • laws, breaching fiduciary duties to act prudently and safeguard pensioners' interests.
  • Is there anybody here from the pension funds?

Summary: The committee meeting focused on a comprehensive discussion of several key legislative bills impacting agriculture, transparency in data regarding illegal immigration, and updates to emergency management infrastructure. Notably, SB2601 emphasized improving compensation processes for agricultural landowners affected by border-related crimes. The bill was presented by Senator Blanco, highlighting the need for a streamlined claims process and better funding mechanisms to support affected landowners and lessees. In a related yet different area, SB825 was presented to address the need for transparency and data collection on the effects of illegal immigration on Texas, leading to intense discussions about its implications on various sectors, including healthcare and education. Witnesses from organizations such as the Texas Public Policy Foundation and the Texas Farm Bureau provided valuable insights both in favor and against the bills, resulting in a dynamic atmosphere during the testimony segment of the meeting. Overall, the discussions were productive, with many members emphasizing the importance of balancing economic growth, security concerns, and the rights of individuals.
TX

Texas 2025 - 89th Regular

Finance May 14th, 2025

Senate Finance Committee

Transcript Highlights:
  • post-retirement contributions by allowing retirees to pay the fund directly rather than through the pension
  • Association, the San Antonio Police and Fire Pensioners Association
  • marker="460" data-time="2754"> We have members; we have Amy Cardona, the Executive Director for the Pension
  • This is the Austin Firefighter Retirement Fund Pension, a bill that's been agreed to by the parties.
  • At that time, some of our state pension funds and endowment
Summary: The meeting covered multiple bills, primarily focusing on House Bill 2802, which relates to the Austin Firefighter Retirement Fund Pension, and House Bill 1056 regarding the establishment of gold and silver as legal tender in Texas. Senator Schwartner introduced several committee substitutes aimed at improving provisions in these bills, with the committee discussing amendments and seeking public testimony on the implications of these changes. Notably, the discussion highlighted varying perspectives on the use of gold as a currency and its constitutional implications, eliciting significant public and legislative engagement.

Research Filters

States
Terms / Sessions
Date Range
Chamber Records
Meetings / Events / Calendars