(40 ILCS 5/16-121) (from Ch. 108 1/2, par. 16-121)
(Text of Section WITH the changes made by P.A. 98-599, which has been held unconstitutional)
Sec. 16-121. Salary. "Salary": The actual compensation received by a teacher during any
school year and recognized by the system in accordance with
rules of the board. For purposes of this Section, "school year" includes
the regular school term plus any additional period for which a teacher is
compensated and such compensation is recognized by the rules of the board.
In the case of a person who first becomes a member on or after
the effective date of this amendatory Act of the 98th General
Assembly, "salary" shall not include any payment for unused
sick or vacation time. Notwithstanding any other provision of this Code, the
annual salary of a Tier 1 member for the purposes of this Code shall
not exceed, for periods of service on or after the effective
date of this amendatory Act of the 98th General Assembly, the
greater of (i) the annual limitation determined from time to time
under subsection (b-5) of Section 1-160 of this Code, (ii) the annualized
salary of the Tier 1 member on that effective date, or (iii) the annualized salary of the Tier 1 member immediately preceding the expiration, renewal, or amendment of an employment contract or collective bargaining agreement in effect on that effective date. (Source: P.A. 98-599, eff. 6-1-14.) (Text of Section WITHOUT the changes made by P.A. 98-599, which has been held unconstitutional)
Sec. 16-121.
Salary.
"Salary": The actual compensation received by a teacher during any
school year and recognized by the system in accordance with
rules of the board. For purposes of this Section, "school year" includes
the regular school term plus any additional period for which a teacher is
compensated and such compensation is recognized by the rules of the board.
(Source: P.A. 84-1028.)
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