Section 1650.482  Contracts and Collective Bargaining Agreements – Loss of Exemption from Employer Contributions

A contract or collective bargaining agreement shall lose its exemption from employer contributions under 40 ILCS 5/16-128(d-10) and/or 16-158(f) upon the following:

a)         An increase in an existing salary or sick leave retirement incentive or the addition of a new salary or sick leave retirement incentive.

b)         A renegotiated increase in salary (excluding employer payment of the .40% of salary toward the cost of the early retirement without discount option under 40 ILCS 5/16-152(a)(4)) or sick leave unless specifically provided for in a salary reopener provision in the contract or collective bargaining agreement or as permitted in Section 1650.483(c).

(Source:  Added at 30 Ill. Reg. 194, effective December 23, 2005)