Finance - Room 216, 20 January, 2026; 10:30 AM

Senate committee · January 21, 2026

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Hearing opens; director recognized

Presentation

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Chair opens the hearing, explains purpose is to get an update from the executive director of PERS and recognizes Greg Higgins to testify.

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A state Senate committee heard from PERS Director Greg Higgins on the system's finances, the newly enacted tier 5 hybrid retirement plan and funding options including a proposed $1 billion infusion; legislators pressed Higgins on assumptions, amortization and near-term implementation steps.

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Transcript

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