Six Percent Cap. No certified Staff member will exceed a 6% creditable earnings increase in the highest four years of the last 10 years in which they are eligible to retire. It is the intention of the parties hereto that any payment or benefit provided by the district to the teacher shall not generate compensation which exceeds any existing cap with regard to the Teacher Retirement System regulations which would require the District to pay any penalty or make an additional contribution to TRS on behalf of the teacher that the District is not otherwise obligated to make. In the event that the law would be changed, either lowering or raising the cap, this paragraph would be open for re-negotiation.
