5-1-110. Salaries of judges.

(a) Subject to constitutional and statutory provisions concerning when salaries can become effective, judges of the supreme court, district courts, chancery courts and circuit courts shall receive the following annual salaries which shall be paid in equal monthly installments on the last working day of the month:

(i) Supreme court justices shall receive an annual salary of one hundred sixty-five thousand dollars ($165,000.00) commencing July 1, 2012 and one hundred seventy-five thousand dollars ($175,000.00) commencing July 1, 2019;

(ii) District court judges shall receive an annual salary of one hundred fifty thousand dollars ($150,000.00) commencing July 1, 2012 and one hundred sixty thousand dollars ($160,000.00) commencing July 1, 2019;

(iii) Circuit court judges shall receive an annual salary of one hundred twenty-five thousand dollars ($125,000.00) commencing July 1, 2017 and one hundred forty-five thousand dollars ($145,000.00) commencing July 1, 2019;

(iv) Chancery court judges shall receive an annual salary equal to the judges of the district courts.

(b) In addition to the salaries provided in subsection (a) of this section, the legislature may provide through the budget process salary cost of living increases comparable to the increases provided to other state employees. Any such cost of living salary increases shall be specifically stated in a footnote to the budget bill by stating the total appropriation required as a result of any such increases along with the new salary amount to be provided to the supreme court, district court and circuit court. Any salary increase under this subsection shall be subject to constitutional and statutory provisions concerning when salaries can become effective.