Public Act 97-0609- Total Compensation

The Open Meetings Act was recently amended to provide that municipalities participating in the Illinois Municipal Retirement Fund post on their website the total compensation for each employee that has a total compensation package exceeding $75,000 per year.  “Total compensation” is defined in the law as payments by the employer to the employee for salary, health insurance, housing allowance, vehicle allowance, clothing allowance, bonuses, loans, vacation and sick days granted.