|
| | 09900SB2159sam001 | - 2 - | LRB099 12932 SXM 38313 a |
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|
| 1 | | (2) A contract with a determinate start and end date |
| 2 | | may not exceed 4 years. |
| 3 | | (3) The contract may not include any automatic rollover |
| 4 | | clauses. |
| 5 | | (4) Severance payments or contract buyouts may not
|
| 6 | | occur if there are pending criminal charges against the |
| 7 | | president or all chancellors of the University
related to |
| 8 | | their employment. |
| 9 | | (5) Final action on the formation, renewal, extension,
|
| 10 | | or termination of the employment contracts of the president |
| 11 | | or all chancellors of the University must be made
during an |
| 12 | | open meeting of the Board of Trustees. |
| 13 | | (6) Public notice, compliant with the provisions of the |
| 14 | | Open Meetings Act, must be given prior to final
action on |
| 15 | | the formation, renewal, extension, or
termination of the |
| 16 | | employment contracts of the president or all chancellors of |
| 17 | | the University and must include a copy of the Board item or |
| 18 | | other documentation providing, at a minimum, a description |
| 19 | | of the proposed principal financial components of the |
| 20 | | president's or all chancellors' appointments. |
| 21 | | (7) Any performance-based bonus or incentive-based |
| 22 | | compensation to the president or all chancellors of the |
| 23 | | University must be
approved by the Board in an open |
| 24 | | meeting. The
performance upon which the bonus is based
must |
| 25 | | be made available to the public no less than 48 hours
|
| 26 | | before Board approval of the performance-based bonus or |
|
| | 09900SB2159sam001 | - 3 - | LRB099 12932 SXM 38313 a |
|
|
| 1 | | incentive-based compensation. |
| 2 | | (8) Board minutes, board packets, and annual
|
| 3 | | performance reviews concerning the president or all |
| 4 | | chancellors of the University must be made
available to the |
| 5 | | public on the University's Internet
website. |
| 6 | | (9) Performance-based bonus payments or |
| 7 | | incentive-based compensation that result in an
increase in |
| 8 | | the final rate of earnings under Section 15-112
of the |
| 9 | | Illinois Pension Code may not be paid with taxpayer
or |
| 10 | | tuition funds. |
| 11 | | (110 ILCS 305/95 new) |
| 12 | | Sec. 95. Executive accountability. The Board of Trustees
|
| 13 | | must complete an annual performance review of the president and
|
| 14 | | any chancellors of the University. Such annual performance
|
| 15 | | review must be considered when the Board contemplates a bonus, |
| 16 | | incentive-based compensation,
raise, or severance agreement |
| 17 | | for the president or all chancellors of the University. |
| 18 | | Section 10. The Southern Illinois University Management |
| 19 | | Act is amended by adding Sections 75 and 80 as follows: |
| 20 | | (110 ILCS 520/75 new) |
| 21 | | Sec. 75. Employment contract limitations. This Section
|
| 22 | | applies to the employment contracts of the president or all |
| 23 | | chancellors of the University entered into, amended,
renewed, |
|
| | 09900SB2159sam001 | - 4 - | LRB099 12932 SXM 38313 a |
|
|
| 1 | | or extended after the effective date of this
amendatory Act of |
| 2 | | the 99th General Assembly. This Section does
not apply to |
| 3 | | collective bargaining agreements. With respect to
employment |
| 4 | | contracts entered into with the president or all chancellors of |
| 5 | | the
University: |
| 6 | | (1) Severance under the contract may not exceed one |
| 7 | | year salary and applicable benefits. |
| 8 | | (2) A contract with a determinate start and end date |
| 9 | | may not exceed 4 years. |
| 10 | | (3) The contract may not include any automatic rollover |
| 11 | | clauses. |
| 12 | | (4) Severance payments or contract buyouts may not
|
| 13 | | occur if there are pending criminal charges against the |
| 14 | | president or all chancellors of the University
related to |
| 15 | | their employment. |
| 16 | | (5) Final action on the formation, renewal, extension,
|
| 17 | | or termination of the employment contracts of the president |
| 18 | | or all chancellors of the University must be made
during an |
| 19 | | open meeting of the Board. |
| 20 | | (6) Public notice, compliant with the provisions of the |
| 21 | | Open Meetings Act, must be given prior to final
action on |
| 22 | | the formation, renewal, extension, or
termination of the |
| 23 | | employment contracts of the president or all chancellors of |
| 24 | | the University and must include a copy of the Board item or |
| 25 | | other documentation providing, at a minimum, a description |
| 26 | | of the proposed principal financial components of the |
|
| | 09900SB2159sam001 | - 5 - | LRB099 12932 SXM 38313 a |
|
|
| 1 | | president's or all chancellors' appointments. |
| 2 | | (7) Any performance-based bonus or incentive-based |
| 3 | | compensation to the president or all chancellors of the |
| 4 | | University must be
approved by the Board in an open |
| 5 | | meeting. The
performance upon which the bonus is based
must |
| 6 | | be made available to the public no less than 48 hours
|
| 7 | | before Board approval of the performance-based bonus or |
| 8 | | incentive-based compensation. |
| 9 | | (8) Board minutes, board packets, and annual
|
| 10 | | performance reviews concerning the president or all |
| 11 | | chancellors of the University must be made
available to the |
| 12 | | public on the University's Internet
website. |
| 13 | | (9) Performance-based bonus payments or |
| 14 | | incentive-based compensation that result in an
increase in |
| 15 | | the final rate of earnings under Section 15-112
of the |
| 16 | | Illinois Pension Code may not be paid with taxpayer
or |
| 17 | | tuition funds. |
| 18 | | (110 ILCS 520/80 new) |
| 19 | | Sec. 80. Executive accountability. The Board must complete |
| 20 | | an annual performance review of the president and
any |
| 21 | | chancellors of the University. Such annual performance
review |
| 22 | | must be considered when the Board contemplates a bonus, |
| 23 | | incentive-based compensation,
raise, or severance agreement |
| 24 | | for the president or all chancellors of the University. |
|
| | 09900SB2159sam001 | - 6 - | LRB099 12932 SXM 38313 a |
|
|
| 1 | | Section 15. The Chicago State University Law is amended by |
| 2 | | adding Sections 5-185 and 5-190 as follows: |
| 3 | | (110 ILCS 660/5-185 new) |
| 4 | | Sec. 5-185. Employment contract limitations. This Section
|
| 5 | | applies to the employment contracts of the president or all |
| 6 | | chancellors of the University entered into, amended,
renewed, |
| 7 | | or extended after the effective date of this
amendatory Act of |
| 8 | | the 99th General Assembly. This Section does
not apply to |
| 9 | | collective bargaining agreements. With respect to
employment |
| 10 | | contracts entered into with the president or all chancellors of |
| 11 | | the
University: |
| 12 | | (1) Severance under the contract may not exceed one |
| 13 | | year salary and applicable benefits. |
| 14 | | (2) A contract with a determinate start and end date |
| 15 | | may not exceed 4 years. |
| 16 | | (3) The contract may not include any automatic rollover |
| 17 | | clauses. |
| 18 | | (4) Severance payments or contract buyouts may not
|
| 19 | | occur if there are pending criminal charges against the |
| 20 | | president or all chancellors of the University
related to |
| 21 | | their employment. |
| 22 | | (5) Final action on the formation, renewal, extension,
|
| 23 | | or termination of the employment contracts of the president |
| 24 | | or all chancellors of the University must be made
during an |
| 25 | | open meeting of the Board. |
|
| | 09900SB2159sam001 | - 7 - | LRB099 12932 SXM 38313 a |
|
|
| 1 | | (6) Public notice, compliant with the provisions of the |
| 2 | | Open Meetings Act, must be given prior to final
action on |
| 3 | | the formation, renewal, extension, or
termination of the |
| 4 | | employment contracts of the president or all chancellors of |
| 5 | | the University and must include a copy of the Board item or |
| 6 | | other documentation providing, at a minimum, a description |
| 7 | | of the proposed principal financial components of the |
| 8 | | president's or all chancellors' appointments. |
| 9 | | (7) Any performance-based bonus or incentive-based |
| 10 | | compensation to the president or all chancellors of the |
| 11 | | University must be
approved by the Board in an open |
| 12 | | meeting. The
performance upon which the bonus is based
must |
| 13 | | be made available to the public no less than 48 hours
|
| 14 | | before Board approval of the performance-based bonus or |
| 15 | | incentive-based compensation. |
| 16 | | (8) Board minutes, board packets, and annual
|
| 17 | | performance reviews concerning the president or all |
| 18 | | chancellors of the University must be made
available to the |
| 19 | | public on the University's Internet
website. |
| 20 | | (9) Performance-based bonus payments or |
| 21 | | incentive-based compensation that result in an
increase in |
| 22 | | the final rate of earnings under Section 15-112
of the |
| 23 | | Illinois Pension Code may not be paid with taxpayer
or |
| 24 | | tuition funds. |
| 25 | | (110 ILCS 660/5-190 new) |
|
| | 09900SB2159sam001 | - 8 - | LRB099 12932 SXM 38313 a |
|
|
| 1 | | Sec. 5-190. Executive accountability. The Board must |
| 2 | | complete an annual performance review of the president and
any |
| 3 | | chancellors of the University. Such annual performance
review |
| 4 | | must be considered when the Board contemplates a bonus, |
| 5 | | incentive-based compensation,
raise, or severance agreement |
| 6 | | for the president or all chancellors of the University. |
| 7 | | Section 20. The Eastern Illinois University Law is amended |
| 8 | | by adding Sections 10-185 and 10-190 as follows: |
| 9 | | (110 ILCS 665/10-185 new) |
| 10 | | Sec. 10-185. Employment contract limitations. This Section
|
| 11 | | applies to the employment contracts of the president or all |
| 12 | | chancellors of the University entered into, amended,
renewed, |
| 13 | | or extended after the effective date of this
amendatory Act of |
| 14 | | the 99th General Assembly. This Section does
not apply to |
| 15 | | collective bargaining agreements. With respect to
employment |
| 16 | | contracts entered into with the president or all chancellors of |
| 17 | | the
University: |
| 18 | | (1) Severance under the contract may not exceed one |
| 19 | | year salary and applicable benefits. |
| 20 | | (2) A contract with a determinate start and end date |
| 21 | | may not exceed 4 years. |
| 22 | | (3) The contract may not include any automatic rollover |
| 23 | | clauses. |
| 24 | | (4) Severance payments or contract buyouts may not
|
|
| | 09900SB2159sam001 | - 9 - | LRB099 12932 SXM 38313 a |
|
|
| 1 | | occur if there are pending criminal charges against the |
| 2 | | president or all chancellors of the University
related to |
| 3 | | their employment. |
| 4 | | (5) Final action on the formation, renewal, extension,
|
| 5 | | or termination of the employment contracts of the president |
| 6 | | or all chancellors of the University must be made
during an |
| 7 | | open meeting of the Board. |
| 8 | | (6) Public notice, compliant with the provisions of the |
| 9 | | Open Meetings Act, must be given prior to final
action on |
| 10 | | the formation, renewal, extension, or
termination of the |
| 11 | | employment contracts of the president or all chancellors of |
| 12 | | the University and must include a copy of the Board item or |
| 13 | | other documentation providing, at a minimum, a description |
| 14 | | of the proposed principal financial components of the |
| 15 | | president's or all chancellors' appointments. |
| 16 | | (7) Any performance-based bonus or incentive-based |
| 17 | | compensation to the president or all chancellors of the |
| 18 | | University must be
approved by the Board in an open |
| 19 | | meeting. The
performance upon which the bonus is based
must |
| 20 | | be made available to the public no less than 48 hours
|
| 21 | | before Board approval of the performance-based bonus or |
| 22 | | incentive-based compensation. |
| 23 | | (8) Board minutes, board packets, and annual
|
| 24 | | performance reviews concerning the president or all |
| 25 | | chancellors of the University must be made
available to the |
| 26 | | public on the University's Internet
website. |
|
| | 09900SB2159sam001 | - 10 - | LRB099 12932 SXM 38313 a |
|
|
| 1 | | (9) Performance-based bonus payments or |
| 2 | | incentive-based compensation that result in an
increase in |
| 3 | | the final rate of earnings under Section 15-112
of the |
| 4 | | Illinois Pension Code may not be paid with taxpayer
or |
| 5 | | tuition funds. |
| 6 | | (110 ILCS 665/10-190 new) |
| 7 | | Sec. 10-190. Executive accountability. The Board must |
| 8 | | complete an annual performance review of the president and
any |
| 9 | | chancellors of the University. Such annual performance
review |
| 10 | | must be considered when the Board contemplates a bonus, |
| 11 | | incentive-based compensation,
raise, or severance agreement |
| 12 | | for the president or all chancellors of the University. |
| 13 | | Section 25. The Governors State University Law is amended |
| 14 | | by adding Sections 15-185 and 15-190 as follows: |
| 15 | | (110 ILCS 670/15-185 new) |
| 16 | | Sec. 15-185. Employment contract limitations. This Section
|
| 17 | | applies to the employment contracts of the president or all |
| 18 | | chancellors of the University entered into, amended,
renewed, |
| 19 | | or extended after the effective date of this
amendatory Act of |
| 20 | | the 99th General Assembly. This Section does
not apply to |
| 21 | | collective bargaining agreements. With respect to
employment |
| 22 | | contracts entered into with the president or all chancellors of |
| 23 | | the
University: |
|
| | 09900SB2159sam001 | - 11 - | LRB099 12932 SXM 38313 a |
|
|
| 1 | | (1) Severance under the contract may not exceed one |
| 2 | | year salary and applicable benefits. |
| 3 | | (2) A contract with a determinate start and end date |
| 4 | | may not exceed 4 years. |
| 5 | | (3) The contract may not include any automatic rollover |
| 6 | | clauses. |
| 7 | | (4) Severance payments or contract buyouts may not
|
| 8 | | occur if there are pending criminal charges against the |
| 9 | | president or all chancellors of the University
related to |
| 10 | | their employment. |
| 11 | | (5) Final action on the formation, renewal, extension,
|
| 12 | | or termination of the employment contracts of the president |
| 13 | | or all chancellors of the University must be made
during an |
| 14 | | open meeting of the Board. |
| 15 | | (6) Public notice, compliant with the provisions of the |
| 16 | | Open Meetings Act, must be given prior to final
action on |
| 17 | | the formation, renewal, extension, or
termination of the |
| 18 | | employment contracts of the president or all chancellors of |
| 19 | | the University and must include a copy of the Board item or |
| 20 | | other documentation providing, at a minimum, a description |
| 21 | | of the proposed principal financial components of the |
| 22 | | president's or all chancellors' appointments. |
| 23 | | (7) Any performance-based bonus or incentive-based |
| 24 | | compensation to the president or all chancellors of the |
| 25 | | University must be
approved by the Board in an open |
| 26 | | meeting. The
performance upon which the bonus is based
must |
|
| | 09900SB2159sam001 | - 12 - | LRB099 12932 SXM 38313 a |
|
|
| 1 | | be made available to the public no less than 48 hours
|
| 2 | | before Board approval of the performance-based bonus or |
| 3 | | incentive-based compensation. |
| 4 | | (8) Board minutes, board packets, and annual
|
| 5 | | performance reviews concerning the president or all |
| 6 | | chancellors of the University must be made
available to the |
| 7 | | public on the University's Internet
website. |
| 8 | | (9) Performance-based bonus payments or |
| 9 | | incentive-based compensation that result in an
increase in |
| 10 | | the final rate of earnings under Section 15-112
of the |
| 11 | | Illinois Pension Code may not be paid with taxpayer
or |
| 12 | | tuition funds. |
| 13 | | (110 ILCS 670/15-190 new) |
| 14 | | Sec. 15-190. Executive accountability. The Board must |
| 15 | | complete an annual performance review of the president and
any |
| 16 | | chancellors of the University. Such annual performance
review |
| 17 | | must be considered when the Board contemplates a bonus, |
| 18 | | incentive-based compensation,
raise, or severance agreement |
| 19 | | for the president or all chancellors of the University. |
| 20 | | Section 30. The Illinois State University Law is amended by |
| 21 | | adding Sections 20-190 and 20-195 as follows: |
| 22 | | (110 ILCS 675/20-190 new) |
| 23 | | Sec. 20-190. Employment contract limitations. This Section
|
|
| | 09900SB2159sam001 | - 13 - | LRB099 12932 SXM 38313 a |
|
|
| 1 | | applies to the employment contracts of the president or all |
| 2 | | chancellors of the University entered into, amended,
renewed, |
| 3 | | or extended after the effective date of this
amendatory Act of |
| 4 | | the 99th General Assembly. This Section does
not apply to |
| 5 | | collective bargaining agreements. With respect to
employment |
| 6 | | contracts entered into with the president or all chancellors of |
| 7 | | the
University: |
| 8 | | (1) Severance under the contract may not exceed one |
| 9 | | year salary and applicable benefits. |
| 10 | | (2) A contract with a determinate start and end date |
| 11 | | may not exceed 4 years. |
| 12 | | (3) The contract may not include any automatic rollover |
| 13 | | clauses. |
| 14 | | (4) Severance payments or contract buyouts may not
|
| 15 | | occur if there are pending criminal charges against the |
| 16 | | president or all chancellors of the University
related to |
| 17 | | their employment. |
| 18 | | (5) Final action on the formation, renewal, extension,
|
| 19 | | or termination of the employment contracts of the president |
| 20 | | or all chancellors of the University must be made
during an |
| 21 | | open meeting of the Board. |
| 22 | | (6) Public notice, compliant with the provisions of the |
| 23 | | Open Meetings Act, must be given prior to final
action on |
| 24 | | the formation, renewal, extension, or
termination of the |
| 25 | | employment contracts of the president or all chancellors of |
| 26 | | the University and must include a copy of the Board item or |
|
| | 09900SB2159sam001 | - 14 - | LRB099 12932 SXM 38313 a |
|
|
| 1 | | other documentation providing, at a minimum, a description |
| 2 | | of the proposed principal financial components of the |
| 3 | | president's or all chancellors' appointments. |
| 4 | | (7) Any performance-based bonus or incentive-based |
| 5 | | compensation to the president or all chancellors of the |
| 6 | | University must be
approved by the Board in an open |
| 7 | | meeting. The
performance upon which the bonus is based
must |
| 8 | | be made available to the public no less than 48 hours
|
| 9 | | before Board approval of the performance-based bonus or |
| 10 | | incentive-based compensation. |
| 11 | | (8) Board minutes, board packets, and annual
|
| 12 | | performance reviews concerning the president or all |
| 13 | | chancellors of the University must be made
available to the |
| 14 | | public on the University's Internet
website. |
| 15 | | (9) Performance-based bonus payments or |
| 16 | | incentive-based compensation that result in an
increase in |
| 17 | | the final rate of earnings under Section 15-112
of the |
| 18 | | Illinois Pension Code may not be paid with taxpayer
or |
| 19 | | tuition funds. |
| 20 | | (110 ILCS 675/20-195 new) |
| 21 | | Sec. 20-195. Executive accountability. The Board must |
| 22 | | complete an annual performance review of the president and
any |
| 23 | | chancellors of the University. Such annual performance
review |
| 24 | | must be considered when the Board contemplates a bonus, |
| 25 | | incentive-based compensation,
raise, or severance agreement |
|
| | 09900SB2159sam001 | - 15 - | LRB099 12932 SXM 38313 a |
|
|
| 1 | | for the president or all chancellors of the University. |
| 2 | | Section 35. The Northeastern Illinois University Law is |
| 3 | | amended by adding Sections 25-185 and 25-190 as follows: |
| 4 | | (110 ILCS 680/25-185 new) |
| 5 | | Sec. 25-185. Employment contract limitations. This Section
|
| 6 | | applies to the employment contracts of the president or all |
| 7 | | chancellors of the University entered into, amended,
renewed, |
| 8 | | or extended after the effective date of this
amendatory Act of |
| 9 | | the 99th General Assembly. This Section does
not apply to |
| 10 | | collective bargaining agreements. With respect to
employment |
| 11 | | contracts entered into with the president or all chancellors of |
| 12 | | the
University: |
| 13 | | (1) Severance under the contract may not exceed one |
| 14 | | year salary and applicable benefits. |
| 15 | | (2) A contract with a determinate start and end date |
| 16 | | may not exceed 4 years. |
| 17 | | (3) The contract may not include any automatic rollover |
| 18 | | clauses. |
| 19 | | (4) Severance payments or contract buyouts may not
|
| 20 | | occur if there are pending criminal charges against the |
| 21 | | president or all chancellors of the University
related to |
| 22 | | their employment. |
| 23 | | (5) Final action on the formation, renewal, extension,
|
| 24 | | or termination of the employment contracts of the president |
|
| | 09900SB2159sam001 | - 16 - | LRB099 12932 SXM 38313 a |
|
|
| 1 | | or all chancellors of the University must be made
during an |
| 2 | | open meeting of the Board. |
| 3 | | (6) Public notice, compliant with the provisions of the |
| 4 | | Open Meetings Act, must be given prior to final
action on |
| 5 | | the formation, renewal, extension, or
termination of the |
| 6 | | employment contracts of the president or all chancellors of |
| 7 | | the University and must include a copy of the Board item or |
| 8 | | other documentation providing, at a minimum, a description |
| 9 | | of the proposed principal financial components of the |
| 10 | | president's or all chancellors' appointments. |
| 11 | | (7) Any performance-based bonus or incentive-based |
| 12 | | compensation to the president or all chancellors of the |
| 13 | | University must be
approved by the Board in an open |
| 14 | | meeting. The
performance upon which the bonus is based
must |
| 15 | | be made available to the public no less than 48 hours
|
| 16 | | before Board approval of the performance-based bonus or |
| 17 | | incentive-based compensation. |
| 18 | | (8) Board minutes, board packets, and annual
|
| 19 | | performance reviews concerning the president or all |
| 20 | | chancellors of the University must be made
available to the |
| 21 | | public on the University's Internet
website. |
| 22 | | (9) Performance-based bonus payments or |
| 23 | | incentive-based compensation that result in an
increase in |
| 24 | | the final rate of earnings under Section 15-112
of the |
| 25 | | Illinois Pension Code may not be paid with taxpayer
or |
| 26 | | tuition funds. |
|
| | 09900SB2159sam001 | - 17 - | LRB099 12932 SXM 38313 a |
|
|
| 1 | | (110 ILCS 680/25-190 new) |
| 2 | | Sec. 25-190. Executive accountability. The Board must |
| 3 | | complete an annual performance review of the president and
any |
| 4 | | chancellors of the University. Such annual performance
review |
| 5 | | must be considered when the Board contemplates a bonus, |
| 6 | | incentive-based compensation,
raise, or severance agreement |
| 7 | | for the president or all chancellors of the University. |
| 8 | | Section 40. The Northern Illinois University Law is amended |
| 9 | | by adding Sections 30-195 and 30-200 as follows: |
| 10 | | (110 ILCS 685/30-195 new) |
| 11 | | Sec. 30-195. Employment contract limitations. This Section
|
| 12 | | applies to the employment contracts of the president or all |
| 13 | | chancellors of the University entered into, amended,
renewed, |
| 14 | | or extended after the effective date of this
amendatory Act of |
| 15 | | the 99th General Assembly. This Section does
not apply to |
| 16 | | collective bargaining agreements. With respect to
employment |
| 17 | | contracts entered into with the president or all chancellors of |
| 18 | | the
University: |
| 19 | | (1) Severance under the contract may not exceed one |
| 20 | | year salary and applicable benefits. |
| 21 | | (2) A contract with a determinate start and end date |
| 22 | | may not exceed 4 years. |
| 23 | | (3) The contract may not include any automatic rollover |
|
| | 09900SB2159sam001 | - 18 - | LRB099 12932 SXM 38313 a |
|
|
| 1 | | clauses. |
| 2 | | (4) Severance payments or contract buyouts may not
|
| 3 | | occur if there are pending criminal charges against the |
| 4 | | president or all chancellors of the University
related to |
| 5 | | their employment. |
| 6 | | (5) Final action on the formation, renewal, extension,
|
| 7 | | or termination of the employment contracts of the president |
| 8 | | or all chancellors of the University must be made
during an |
| 9 | | open meeting of the Board. |
| 10 | | (6) Public notice, compliant with the provisions of the |
| 11 | | Open Meetings Act, must be given prior to final
action on |
| 12 | | the formation, renewal, extension, or
termination of the |
| 13 | | employment contracts of the president or all chancellors of |
| 14 | | the University and must include a copy of the Board item or |
| 15 | | other documentation providing, at a minimum, a description |
| 16 | | of the proposed principal financial components of the |
| 17 | | president's or all chancellors' appointments. |
| 18 | | (7) Any performance-based bonus or incentive-based |
| 19 | | compensation to the president or all chancellors of the |
| 20 | | University must be
approved by the Board in an open |
| 21 | | meeting. The
performance upon which the bonus is based
must |
| 22 | | be made available to the public no less than 48 hours
|
| 23 | | before Board approval of the performance-based bonus or |
| 24 | | incentive-based compensation. |
| 25 | | (8) Board minutes, board packets, and annual
|
| 26 | | performance reviews concerning the president or all |
|
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| 1 | | chancellors of the University must be made
available to the |
| 2 | | public on the University's Internet
website. |
| 3 | | (9) Performance-based bonus payments or |
| 4 | | incentive-based compensation that result in an
increase in |
| 5 | | the final rate of earnings under Section 15-112
of the |
| 6 | | Illinois Pension Code may not be paid with taxpayer
or |
| 7 | | tuition funds. |
| 8 | | (110 ILCS 685/30-200 new) |
| 9 | | Sec. 30-200. Executive accountability. The Board must |
| 10 | | complete an annual performance review of the president and
any |
| 11 | | chancellors of the University. Such annual performance
review |
| 12 | | must be considered when the Board contemplates a bonus, |
| 13 | | incentive-based compensation,
raise, or severance agreement |
| 14 | | for the president or all chancellors of the University. |
| 15 | | Section 45. The Western Illinois University Law is amended |
| 16 | | by adding Sections 35-190 and 35-195 as follows: |
| 17 | | (110 ILCS 690/35-190 new) |
| 18 | | Sec. 35-190. Employment contract limitations. This Section
|
| 19 | | applies to the employment contracts of the president or all |
| 20 | | chancellors of the University entered into, amended,
renewed, |
| 21 | | or extended after the effective date of this
amendatory Act of |
| 22 | | the 99th General Assembly. This Section does
not apply to |
| 23 | | collective bargaining agreements. With respect to
employment |
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| 1 | | contracts entered into with the president or all chancellors of |
| 2 | | the
University: |
| 3 | | (1) Severance under the contract may not exceed one |
| 4 | | year salary and applicable benefits. |
| 5 | | (2) A contract with a determinate start and end date |
| 6 | | may not exceed 4 years. |
| 7 | | (3) The contract may not include any automatic rollover |
| 8 | | clauses. |
| 9 | | (4) Severance payments or contract buyouts may not
|
| 10 | | occur if there are pending criminal charges against the |
| 11 | | president or all chancellors of the University
related to |
| 12 | | their employment. |
| 13 | | (5) Final action on the formation, renewal, extension,
|
| 14 | | or termination of the employment contracts of the president |
| 15 | | or all chancellors of the University must be made
during an |
| 16 | | open meeting of the Board. |
| 17 | | (6) Public notice, compliant with the provisions of the |
| 18 | | Open Meetings Act, must be given prior to final
action on |
| 19 | | the formation, renewal, extension, or
termination of the |
| 20 | | employment contracts of the president or all chancellors of |
| 21 | | the University and must include a copy of the Board item or |
| 22 | | other documentation providing, at a minimum, a description |
| 23 | | of the proposed principal financial components of the |
| 24 | | president's or all chancellors' appointments. |
| 25 | | (7) Any performance-based bonus or incentive-based |
| 26 | | compensation to the president or all chancellors of the |
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| 1 | | University must be
approved by the Board in an open |
| 2 | | meeting. The
performance upon which the bonus is based
must |
| 3 | | be made available to the public no less than 48 hours
|
| 4 | | before Board approval of the performance-based bonus or |
| 5 | | incentive-based compensation. |
| 6 | | (8) Board minutes, board packets, and annual
|
| 7 | | performance reviews concerning the president or all |
| 8 | | chancellors of the University must be made
available to the |
| 9 | | public on the University's Internet
website. |
| 10 | | (9) Performance-based bonus payments or |
| 11 | | incentive-based compensation that result in an
increase in |
| 12 | | the final rate of earnings under Section 15-112
of the |
| 13 | | Illinois Pension Code may not be paid with taxpayer
or |
| 14 | | tuition funds. |
| 15 | | (110 ILCS 690/35-195 new) |
| 16 | | Sec. 35-195. Executive accountability. The Board must |
| 17 | | complete an annual performance review of the president and
any |
| 18 | | chancellors of the University. Such annual performance
review |
| 19 | | must be considered when the Board contemplates a bonus, |
| 20 | | incentive-based compensation,
raise, or severance agreement |
| 21 | | for the president or all chancellors of the University. |
| 22 | | Section 50. The Public Community College Act is amended by |
| 23 | | adding Sections 3-70 and 3-75 as follows: |
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| 1 | | (110 ILCS 805/3-70 new) |
| 2 | | Sec. 3-70. Employment contract transparency. This Section
|
| 3 | | applies to the employment contracts of the president or all |
| 4 | | chancellors of the community college entered into, amended,
|
| 5 | | renewed, or extended after the effective date of this
|
| 6 | | amendatory Act of the 99th General Assembly. This Section does
|
| 7 | | not apply to collective bargaining agreements. With respect to
|
| 8 | | employment contracts entered into with the president or all |
| 9 | | chancellors of the
community college: |
| 10 | | (1) Severance payments or contract buyouts may not |
| 11 | | occur if there are pending criminal charges against the |
| 12 | | president or all chancellors of the community college |
| 13 | | related to their employment. |
| 14 | | (2) Final action on the formation, renewal, extension, |
| 15 | | or termination of the employment contracts of the president |
| 16 | | or all chancellors of the community college must be made
|
| 17 | | during an open meeting of the board. |
| 18 | | (3) Public notice, compliant with the Open Meetings |
| 19 | | Act, must be given prior to final
action on the formation, |
| 20 | | renewal, extension, or
termination of the employment |
| 21 | | contracts of the president or all chancellors of the |
| 22 | | community college and must include a copy of the board item |
| 23 | | or other documentation providing, at a minimum, a |
| 24 | | description of the proposed principal financial components |
| 25 | | of the president's or any chancellor's appointment. |
| 26 | | (4) Any performance-based bonus or incentive-based |
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| 1 | | compensation to the president or all chancellors of the |
| 2 | | community college must be approved by the board in an open |
| 3 | | meeting. The performance criteria and goals upon which the |
| 4 | | bonus or incentive-based compensation is based must be made |
| 5 | | available to the public no less than 48 hours before board |
| 6 | | approval of the performance-based bonus or incentive-based |
| 7 | | compensation. |
| 8 | | (5) Board minutes, board packets, and annual
|
| 9 | | performance criteria and goals concerning the president or |
| 10 | | any chancellors must be made
available to the public on the |
| 11 | | community college district's
Internet website. |
| 12 | | (6) Performance-based bonus payments or |
| 13 | | incentive-based compensation that result in an
increase in |
| 14 | | the final rate of earnings under Section 15-112
of the |
| 15 | | Illinois Pension Code may not be paid with taxpayer
or |
| 16 | | tuition funds. |
| 17 | | (110 ILCS 805/3-75 new) |
| 18 | | Sec. 3-75. Executive accountability. Each board must |
| 19 | | complete
an annual performance review of the president and all
|
| 20 | | chancellors of the community college. Such annual performance
|
| 21 | | reviews must be considered when the board contemplates a bonus,
|
| 22 | | raise, or severance agreement for the president or |
| 23 | | chancellor.".
|