SURS/TRS-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 any of the following: (i) earnings increases as a result of movement to a position of authority over others within the department or university; (ii) for part-time staff, earnings increases as a result of the participant increasing his or her workload; (iii) earnings increases as a result of a negotiated salary schedule; and (iv) earnings increases as a result of the System participant (A) accepting academic classes for which course credit is received in addition to the number of classes the employer requires under its policy or by contract and (B) teaching during the summer term. 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 any of the following: (i) payments or stipends the teacher may receive for National Board certification; (ii) salary increases as a result of accepting school-sponsored, extra-curricular assignments; (iii) salary increases as a result of movement to a position of authority over others within the department, school, or district; (iv) for part-time staff, salary increases as a result of the teacher increasing his or her workload; (v) salary increases earned as a result of a negotiated salary schedule; and (vi) salary increases as a result of the teacher (A) accepting academic classes for which course credit is received in addition to the number of classes the employer requires under its policy or by contract, if the employer certifies the reason the teacher was asked to accept additional classes, and (B) accepting summer classes. Effective immediately.