PENCD-ART 16-SUPERINTENDENT House SponsorsRep. Renee Kosel 1/9/2007HouseSession 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 805/8.29 new Amends the Downstate Teachers Article of the Illinois Pension Code. Provides that if a superintendent's salary for a school year is more than 7% greater than his or her salary with the same employer for the previous school year, the superintendent's employer shall pay to the System the actuarial value of the increase in benefits resulting from the portion of the increase in salary that is in excess of 7%. Provides that if a superintendent's salary exceeds the salary of the Governor, the superintendent's employer shall pay to the System the actuarial value of the benefits resulting from the portion of the salary that is in excess of the salary of the Governor. Applies to contracts entered into, amended, or extended after January 1, 2005. Provides that a superintendent may elect to have all or a portion of a salary increase not included as salary for the purpose of determining final average salary. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.State Mandates Fiscal Note (Illinois State Board of Education) This legislation does not appear to have an impact on the Illinois State Board of Education, assuming these provisions will be monitored by the Illinois Teachers' Retirement System. Costs of the additional fiscal and reporting responsibilities placed on local school districts can not be determined by the Illinois State Board of Education at this time. 2/24/2005HouseFiled with the Clerk by Rep. Renee Kosel 2/25/2005HouseFirst Reading 2/25/2005HouseReferred to Rules Committee 3/1/2005HouseAssigned to Executive Committee 3/10/2005HouseRule 19(a) / Re-referred to Rules Committee 4/4/2005HouseState Mandates Fiscal Note Filed 1/9/2007HouseSession Sine Die