House Committee on Financial Institutions and Pensions 02/04/2025

Committee on Financial Institutions and Pensions · February 5, 2026

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1:20:15

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40:00

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1:20:00

Introduction of CAPERS assessment/45-day change

Presentation

4:30 → 5:48(1m 18s)

Alan (CAPERS/actuary conferee) described proposed change to require a 45-day waiting period for a certified or licensed person by the State Board of Education before return-to-work assessment rules apply; he noted actuaries treat the change as behavioral and will monitor possible effects on retirement timing.

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Two bills were heard: HB 2411 (changes to return-to-work timing and CAPERS/KPERS assessment limits for retired public school employees) and HB 2591 (authorizing trusted-contact programs and temporary holds by financial institutions to address suspected adult financial exploitation). Both hearings produced supporter testimony and questions; no committee votes were taken.

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Transcript

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