#RetirementReform

Citizen Portal News Louisiana

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1 day ago

Senate unanimously approves increase to State Police retirement AFC rate The Louisiana Senate voted unanimously to pass Senate Bill 11, which raises the maximum allowable AFC rate for the State Police retirement system from 2.5 to 3.5 and ties benefit increases to a prefunded PBI account so the change does not raise unfunded liabilities.

The Louisiana Senate has unanimously passed Senate Bill 11, boosting the State Police retirement AFC rate while ensuring fiscal responsibility through a prefunding mechanism!

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#LA #RetirementReform #CitizenPortal #PublicSafety #FiscalDiscipline #LouisianaStatePolice

Citizen Portal News Louisiana

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2 days ago

Appropriations committee reports several bills favorably, including pensions, environment and foster-care vehicle measure The House Committee on Appropriations advanced multiple bills March 30, 2026 — from a proposed constitutional change on using surplus dollars to reduce retirement liabilities to a plan to give extended foster-care youth priority for surplus state vehicles — all by unanimous consent.

The House Committee on Appropriations has taken significant steps to improve retirement funding, environmental cleanup, and support for foster youth, all in a unanimous decision!

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#LA #RetirementReform #EnvironmentalCleanup #CitizenPortal #YouthSupport #LouisianaFosterCare

Citizen Portal News Louisiana

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2 days ago

Panel approves re-amortization bill to smooth State Police retirement employer rates The committee adopted amendments and reported HB 13, a bill that consolidates past debts/credits in the State Police Retirement System into a single 20-year amortization and sets a 15-year basis for future changes to reduce volatility in employer contribution rates.

A new bill aiming to stabilize employer rates for the Louisiana State Police Retirement System just passed, promising to reduce future volatility and prepare for upcoming rate changes!

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#LA #RetirementReform #CitizenPortal #PublicSafety #FiscalResponsibility

Citizen Portal News Vermont

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5 days ago

Senate committee sends H.519 to the floor after debate over Randolph police retirement classification The Senate Committee on Government Operations voted to report H.519, a bill affecting Vermont State Employees’ Retirement System group membership for certain municipal police, after testimony from a union representative and the Joint Fiscal Office raised trade‑offs over retirement ages, employee contributions, and employer fiscal impact.

The Senate Committee has just advanced a controversial bill that could drastically change retirement for Randolph police officers—will this decision set a new precedent for public safety employees in Vermont?

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#VT #CivicAccountability #RetirementReform #CitizenPortal

Citizen Portal News New York

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4 weeks ago

Senate Civil Service and Pensions Committee reports multiple retirement bills to Finance Committee At a March 10, 2026 session, the Senate Standing Committee on Civil Service and Pensions advanced a package of bills addressing retirement and Social Security law — including measures for correction officers, firefighters, 9-1-1 dispatchers and other municipal employees — and referred them to the Finance Committee, generally by unanimous voice votes.

The New York State Senate is shaking up retirement laws with new bills that could redefine benefits for police, firefighters, and 9-1-1 dispatchers!

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#NY #CivicAccountability #RetirementReform #CitizenPortal #NewYorkPublicEmployees #PublicSafety

Citizen Portal News Texas

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1 month ago

Pension Review Board votes to publish notice to review FSRP rules in Texas Register The PRB voted to post a notice of intent to review FSRP rules (40 TAC chapter 610) and begin stakeholder engagement and public comment, with a timeline for committee review in April and possible rule adoption in September.

Big changes are coming to Texas retirement plans as the Pension Review Board moves to review crucial FSRP rules!

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#TX #RetirementReform #CitizenPortal #PublicComment #TexasPension #StakeholderEngagement

Citizen Portal News Maryland

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1 month ago

Maryland Senate adopts multiple committee reports, special-orders bills and approves executive nominations On Feb. 27 the Senate of Maryland adopted several favorable committee reports, ordered multiple bills printed for third reading, special-ordered several measures for later consideration and voted 41-0 to advise and consent to executive nominations in report number 3.

The Maryland Senate is making waves by adopting crucial bills, including a $27 million bond for Carroll County and emergency measures for retirees—what's next on their agenda?

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#MD #RetirementReform #CitizenPortal #GovernmentTransparency #PublicPolicy #MarylandSenate

Citizen Portal News Mississippi

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1 month ago

PERS board hears legislative funding pitches, actuary warns of trade-offs for tier changes and return-to-work proposals Board members and actuaries reviewed competing legislative proposals — including a $1 billion lump sum and a $50 million recurring stream — and debated tier‑change and return‑to‑work bills that could raise liabilities by tens of millions of dollars depending on retroactivity and implementation details.

Mississippi's PERS board faces tough choices as they consider a $1 billion funding proposal and potential changes to retirement eligibility that could impact millions in liabilities.

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#MS #MississippiPension #RetirementReform #CitizenPortal #LegislativeAccountability

Citizen Portal News Vermont

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1 month ago

House Appropriations reviews H.567: small‑dollar unclaimed property, VPIC oversight shift and a pension task force The House Appropriations Committee heard testimony on H.567, a 36‑page bill that would raise small‑claim thresholds, allow limited diversion of certain small, long‑held unclaimed funds to the Vermont Saves administrative fund (capped at $300,000 annually and sunsetting in 2040), create a pension funding task force with a $75,000 appropriation, and transfer fiduciary oversight for OPEB funds to VPIC. The committee took no final vote.

The House Appropriations Committee is reshaping Vermont's approach to unclaimed property and pension sustainability with a groundbreaking bill that could change the landscape for small claims and retiree health obligations.

Learn more here!

#VT #RetirementReform #UnclaimedProperty #CitizenPortal

Citizen Portal News Nebraska

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1 month ago

Committee hears plan to raise State Patrol retirement age to 65 and restore DROP eligibility The Nebraska Retirement Systems Committee heard testimony on LB1103, which would raise the mandatory retirement age for Nebraska State Patrol members from 60 to 65 and allow members hired on or after July 1, 2016, to enter the deferred retirement option plan (DROP). Supporters said the measures would improve retention with little expected actuarial cost.

A new bill could revolutionize the Nebraska State Patrol by allowing troopers to work until 65, boosting retention and ensuring experienced officers stay on the front lines.

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#NE #RetirementReform #CitizenPortal #PublicSafety #WorkforceRetention

Citizen Portal News Nebraska

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1 month ago

Panel reviews cutting judge retirement contribution and reverting benefit tier in AM1978 Committee heard LB1101 and AM1978, which would reduce (or eliminate under the amendment) the state's contribution to the judges' retirement plan, reduce some employee contribution rates, and increase the maximum COLA for certain judges; actuarial analysis showed the plan would remain well funded in projected scenarios, while judicial fiscal staff urged an incremental approach.

Nebraska's Retirement Systems Committee is debating a bold proposal that could reshape judges' retirement benefits while saving taxpayers millions—will they take the plunge?

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#NE #RetirementReform #CitizenPortal #JudicialSustainability #FiscalResponsibility

Citizen Portal News Georgia

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1 month ago

Georgia House passes bills on DA retirement age, 20-year utility contracts, traffic-stop guidance and vehicle title transfers The Georgia House on Feb. 19 passed several bills on retirement eligibility for district attorneys, extended allowable municipal electric contracts to 20 years, codified best practices for traffic stops, and streamlined title transfers for decedents’ vehicles; votes were recorded on the floor for each measure.

The Georgia House has just passed a series of groundbreaking bills that will reshape retirement benefits for district attorneys, extend utility contracts, clarify traffic stop procedures, and simplify vehicle title transfers for heirs.

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#GA #RetirementReform #CitizenPortal

Citizen Portal News West Virginia

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1 month ago

West Virginia Senate advances a package of retirement, health and funding measures On Feb. 18, 2026 the West Virginia Senate passed a string of third‑reading bills, including changes to retirement credit for state troopers and sheriffs, a child‑welfare mobile‑technology pilot, increases in juror pay and several health‑funding and Medicaid measures; most bills passed unanimously or with single dissent.

The West Virginia Senate just passed a game-changing package of bills that will impact retirement benefits, public health initiatives, and funding for vital programs!

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#WV #RetirementReform #ChildWelfareTech #PublicHealth #CitizenPortal #WestVirginiaSenate

Citizen Portal News Alaska

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1 month ago

ARM board recommends four changes to defined contribution retiree medical and disability coverage; offers HRA forfeiture as a funding option The Alaska Retirement Management Board presented four resolutions to the Senate Finance Committee proposing removal of a 'retire directly' rule for long‑service DC members, lower service thresholds, expanded disability coverage and HRA‑based one‑time funding options; the board plans to update actuarial numbers with 2025 valuations.

The Alaska Retirement Management Board is pushing for major reforms to improve medical and disability benefits for long-serving public employees, arguing that 30 years of service deserves better recognition and support.

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#AK #HealthcareAccess #RetirementReform #CitizenPortal

Citizen Portal News Alabama

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1 month ago

Public hearing held on pairing district attorneys' retirement with judges; supporters and RSA raise concerns about salary averaging House Bill 312 would raise district attorneys' benefit multiplier from 3% to 4% while lowering the maximum benefit from 80% to 75 to match judges. Supporters said the change is necessary to attract quality candidates; the RSA did not oppose the multiplier but objected to changing the final average salary calculation from a five-year to a one-year average, warning it could increase unfunded liabilities by about $2 million and raise employer contribution rates.

A pivotal public hearing on House Bill 312 is underway, proposing a significant shift in district attorneys' retirement benefits to match judges, but concerns about funding and salary calculations loom large.

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#AL #RetirementReform #PublicPension

Citizen Portal News Wyoming

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1 month ago

Wyoming's House Bill 34 is set to revolutionize retirement options for state forestry wildland firefighters, allowing them access to public-safety plans starting in 2026!

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#WY #RetirementReform #CitizenPortal #PublicSafety #WorkforceBenefits

Citizen Portal News Nebraska

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1 month ago

Chair Ballard introduces bill to align OSERS payment and COLA dates with school plan LB1102 would change how the Omaha School Employees Retirement System (OSERS) calculates and pays COLAs and monthly annuities—moving COLA calculations to Sept. 1 and payments to the last business day of September, setting monthly annuity payments to the last business day, and aligning the retirement-date definition with the school plan; proponents said the bill corrects a 2025 delay and improves administration.

Nebraska's LB1102 aims to streamline the Omaha School Employees Retirement System, eliminating a costly delay in benefit payments and aligning with state policies for better retiree support.

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#NE #RetirementReform #CitizenPortal #CostOfLivingAdjustments

Citizen Portal News Virginia

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2 months ago

House subcommittee lays several retirement and benefits bills on the table and strikes one from the docket The House Appropriations, Compensation, Retirement subcommittee heard multiple bills on retirement, rehire options and retiree health reenrollment; the panel laid most bills on the table after receiving testimony and struck one bill from the docket.

The Virginia House subcommittee has put several key retirement and benefits bills on hold, including one that could impact the health coverage of state retirees—what does this mean for the future?

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#VA #RetirementReform #PublicSafety #EmployeeBenefits #CitizenPortal

Citizen Portal News West Virginia

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2 months ago

Oversight board proposes limited changes to municipal police and fire disability pensions The Municipal Pensions Oversight Board proposed two targeted changes: let a small number of duty-related disabled officers convert to regular retirement at normal retirement age, and stop requiring 1040 tax returns from non-duty disability recipients once they reach Social Security normal retirement age.

West Virginia's Municipal Pensions Oversight Board is set to propose crucial changes that could reshape disability pensions for police and firefighters—are you ready to find out how this affects our heroes?

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#WV #WestVirginiaPensions #RetirementReform #PublicSafety

Citizen Portal News Nebraska

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2 months ago

Committee reviews LB820 to consolidate NPERS rules, clear transfer language and allow future Roth option LB820, introduced as a committee cleanup bill, would consolidate ID-document language across retirement plans, change the NPERS director title to executive director, clarify state contribution language for school and OSERS plans, add tax-treatment language to permit Roth-designated deferred-compensation accounts if implemented, and repeal obsolete OSERS interim-governance provisions.

Nebraska's LB820 is set to streamline retirement plan rules and introduce a game-changing Roth option for deferred compensation—could this reshape the future of employee benefits?

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#NE #RetirementReform #TaxTreatment #CitizenPortal #PublicEmployees

Citizen Portal News Washington

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2 months ago

Panel reports three retirement-related bills out of committee with due-pass recommendations The House Appropriations Committee reported House Bills 2,124, 2,125 and 2,179 out of committee with due-pass recommendations after brief discussion on senior lump-sum options, use of interest earnings for retirement expenses, and retirement coverage for port-district workers; votes were 30 aye, 1 excused for each bill.

Three retirement bills aimed at enhancing financial flexibility for seniors and port-district workers just passed out of committee—changes are on the horizon!

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#WA #FiscalResponsibility #RetirementReform #WorkforceSupport #CitizenPortal

Observe Lebanon

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2 months ago

Image from image_3.jpg

Lawmaker Razi Al-Hajj urged the Lebanese parliament to support retirees, proposing 2% of the budget for the Civil Service Council to enhance their benefits by adding four salaries starting July 2026, promoting social justice.

#Lebanon #RetirementReform #SocialJustice

Citizen Portal News Florida

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2 months ago

Committee approves FRS contribution and special‑risk COLA proposal The committee favorably reported SPB 70‑28, which sets employer contribution rates for the Florida Retirement System beginning July 1, 2026, leaves the 3% employee contribution unchanged, permits certain elected officers to take DROP payouts if age‑eligible, and restores a 1.5% alternative cost‑of‑living adjustment for special‑risk retirees under specified service requirements.

The Senate Committee has just approved a vital bill that could reshape retirement benefits for Florida's public safety officials, including a much-needed cost-of-living adjustment for retirees.

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#FL #RetirementReform #PublicSafety #EmployeeBenefits #CitizenPortal

Citizen Portal News New Hampshire

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2 months ago

Committee hears multiple retirement bills: COLAs, benefit calculations, part-time limits and data fixes The House committee heard several measures affecting New Hampshire retirees, including a proposed supplemental COLA for long-retired public safety members (HB 11-70), technical changes to benefit calculations (HB 14-71), remedies for retirees penalized over part-time hours (HB 14-39 and HB 14-59), an exception to the 28-day waiting period for concurrent part-time work (HB 10-14), and other administrative proposals. The committee requested multiple fiscal notes and asked the New Hampshire Retirement System for follow-up.

New Hampshire retirees are fighting for crucial changes, including cost-of-living stipends and fair treatment for part-time work, as a pivotal committee meeting reveals the urgent need for reform.

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#NH #RetirementReform #PublicSafety #CitizenPortal #NewHampshireRetirees

Citizen Portal News California

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2 months ago

CalPERS explains PEPRA changes that affect new members’ benefits CalPERS presented an overview of the Public Employees' Pension Reform Act (PEPRA), explaining it took effect Jan. 1, 2013; it generally applies to members who joined on or after that date, reduces some retirement formulas, raises minimum retirement ages for non‑safety members and limits compensation used to calculate benefits.

Discover how the Public Employees' Pension Reform Act is reshaping retirement benefits for new CalPERS members and what it means for your future!

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#CA #RetirementReform #CitizenPortal #PublicEmployees #CivicAccountability

Robert C. Fried (Bob Fried)

@robertcfried.bsky.social

2 months ago

Are the ‘Golden Years’ Over for America’s Retirees?
#Boomers #RetirementCrisis #Unretirement #GoldenYears #Economy #AgingWorkforce #FinancialSecurity #CostOfLiving #SocialSecurity #PensionCrisis #EconomicReality #RetirementReform
menafn.com/1110565220/T...

Robert C. Fried (Bob Fried)

@robertcfried.bsky.social

2 months ago

The Golden Years Lie: 10 Reasons Boomers Are Being Forced Back Into The Workforce The Golden Years Lie: 10 Reasons Boomers Are Being Forced Back Into The Workforce. We grew up with a specific image of retirement: cruises, golf courses, and spoiling the grandkids. The“Golden Years” ...

Are the ‘Golden Years’ Over for America’s Retirees?
#Boomers #RetirementCrisis #Unretirement #GoldenYears #Economy #AgingWorkforce #FinancialSecurity #CostOfLiving #SocialSecurity #PensionCrisis #EconomicReality #RetirementReform
menafn.com/1110565220/T...

Robert C. Fried (Bob Fried)

@robertcfried.bsky.social

2 months ago

Are the ‘Golden Years’ Over for America’s Retirees?
#Boomers #RetirementCrisis #Unretirement #GoldenYears #Economy #AgingWorkforce #FinancialSecurity #CostOfLiving #SocialSecurity #PensionCrisis #EconomicReality #RetirementReform
menafn.com/1110565220/T...

Citizen Portal News Vermont

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2 months ago

Treasurer presents H.567 to speed small unclaimed-property claims, fund Vermont Saves and shift OPEB oversight Treasurer Picek told the House Government Operations & Military Affairs committee on Jan. 9 that H.567 would raise small‑claims thresholds, require insurers to provide patient identifiers for medical reimbursements, temporarily redirect limited unclaimed‑property transfers to Vermont Saves, and transfer OPEB investment oversight to VPIC; the bill also requests three staff positions and a task force to study OPEB amortization.

Vermont's Treasurer is pushing a transformative bill that streamlines unclaimed property claims, boosts the Vermont Saves retirement program, and enhances oversight for OPEB investments.

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#VT #RetirementReform #FinancialTransparency #VermontUnclaimedProperty #FraudPrevention

Citizen Portal News Mississippi

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3 months ago

Actuaries report improved returns; PERS ADEC rises to 25.98% and SLURP funding change recommended CABMAC actuaries told the board PERS had strong investment returns (market ~11.2%, actuarial value ~9.1%), raised the actuarially determined employer contribution to 25.98% (roughly $2.0 billion on a full-year basis), showed multi-scenario funding options and recommended changing SLURP to level-dollar funding with a proposed $894,000 contribution next year.

Mississippi's PERS just reported an impressive 11.2% market return, boosting the employer contribution to nearly $2 billion—are we on the path to full funding by 2047?

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#MS #InvestmentStrategy #MississippiPERS #PublicFunding #RetirementReform #CitizenPortal