Compensation.

(a) The Board of Education of Marshall County is hereby authorized to determine, at its discretion, the rate of salary and expense allowance payable to its county superintendent of education. Any change in the rate of salary and expense allowance shall have retroactive effect beginning July 1, 1975, and thereafter upon the expiration of the term of office of successors to the Superintendent of Education of Marshall County. The board of education shall not reduce the compensation of the county superintendent during his or her term of office. Any salary increases shall be payable from the county public school funds in equal monthly installments.

(b) In the event that the teachers of Marshall County receive any salary increase, the superintendent of education of the county shall receive a monthly salary increase in the same dollar amount as the increase provided for teachers holding the highest ranking certificates or to the certificate to which teachers who hold a master's degree, whichever is greater. The monthly increases shall be payable out of the public school funds of the county.

(Acts 1975, No. 197, p. 682, §§ 1, 2; Act 81-521, p. 881, § 1.)