PENCD-ART 16-SALARY INCREASE House SponsorsRep. Michael J. Madigan 1/11/2005HouseSession Sine Die 40 ILCS 5/16-133from Ch. 108 1/2, par. 16-13340 ILCS 5/16-158from Ch. 108 1/2, par. 16-15830 ILCS 805/8.28 new Amends the Downstate Teachers Article of the Illinois Pension Code. Provides that, for the purpose of computing final average salary, salary does not include any lump sum payment. Provides that if a teacher's salary for any school year that is used to determine final average salary is increased over the amount of his or her salary with the same employer for the previous school year by an amount greater than the increase that would result from the application of a Compensation Review Board provision governing salary increases for certain public officials, the teacher's employer shall pay to the System the present value of the increase in benefits resulting from the portion of the increase in salary that is in excess of the salary increase that would result from the application of that Compensation Review Board provision. Provides that the provision requiring an employer to pay the present value of the portion of a salary increase applies to salaries paid to teachers under contracts or collective bargaining agreements entered into, amended, or renewed on or after the effective date of the amendatory Act. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.Pension Note (Economic and Fiscal Commission) Would reduce the State's share of accrued liability of TRS by an estimated $1.85 billion.House Amendment No. 1 Further amends the Downstate Teachers Article of the Illinois Pension Code. Provides that the provision requiring an employer to pay the present value of the portion of a teacher's salary that is in excess of the salary increase that would result from the application of certain Compensation Review Board provisions does not apply to salaries paid to a teacher who is subject to a collective bargaining agreement. 12/17/2003HouseFiled with the Clerk by Rep. Michael J. Madigan 1/6/2004HouseFirst Reading 1/6/2004HouseReferred to Rules Committee 2/9/2004HouseAssigned to Personnel and Pensions Committee 3/4/2004HouseCommittee Deadline Extended-Rule 9(b) April 2, 2004 3/16/2004HousePension Note Filed 3/31/2004HouseHouse Amendment No. 1 Filed with Clerk by Personnel and Pensions Committee 3/31/2004HouseHouse Amendment No. 1 Adopted in Personnel and Pensions Committee; by Voice Vote 3/31/2004HouseDo Pass as Amended / Short Debate Personnel and Pensions Committee; 008-000-000 3/31/2004HousePlaced on Calendar 2nd Reading - Short Debate 3/31/2004HouseSecond Reading - Short Debate 3/31/2004HouseHeld on Calendar Order of Second Reading - Short Debate 4/2/2004HouseCommittee/3rd Reading Deadline Extended-Rule 9(b); April 30, 2004 4/30/2004HouseRule 19(a) / Re-referred to Rules Committee 1/11/2005HouseSession Sine Die