TRS/SURS-6% EXEMPTION

Amends the State Universities Article of the Illinois Pension Code. Provides that provisions concerning the employer's contribution for earnings increases in excess of 6% do not apply to earnings increases as a result of movement to a position of authority over others within the department or university. Amends the Downstate Teacher Article of the Illinois Pension Code. Provides that provisions concerning the employer's contribution for salary increases in excess of 6% do not apply to salary increases as a result of movement to a position of authority over others within the department, school, or district. Effective immediately.