Certified (Administrator/Teacher) Compensation Report - Sections 10-20.47 and 34-18.38 of the School Code [105 ILCS 5/10-20.47 and 5/34-18.38 require school districts to report administrator and teacher salary and benefits to the Illinois State Board of Education. Illinois School Code states that each school board shall report to the State Board of Education, on or before July 1 of each year, the base salary and benefits of the district superintendent [or the general superintendent of schools or chief executive officer] and all administrators and teachers employed by the school district. For purposes of this Section, “benefits” includes without limitation vacation days, sick days, bonuses, annuities, and retirement enhancements.
IMRF Compensation Report - Pursuant to a revision to the Illinois Open Meetings Act (Public Act 97-0609), which took effect January 1, 2012, every school district in Illinois must create an itemized salary compensation report for all IMRF employee earning over $75,000.
- Within six days of approving its budget, an IMRF employer must post the total compensation package for each employee receiving a total compensation package that exceeds $75,000 a year.
- At least six days before an IMRF employer approves an employee’s total compensation package that will equal or exceed $150,000 a year, the employer must post the total compensation package for that employee.
For this statute, “total compensation package” is defined as salary, employer-paid health insurance premiums, housing allowance, vehicle allowance, clothing allowance, bonuses, loans, vacation days which will be earned in that year and sick days which will be earned in that year.