; and (2) for each succeeding fiscal year, the amount appropriated under this section for the preceding fiscal year, increased by the annual adjustment percentage. (c) Livable and competitive salaries for BIE teachers Each entity carrying out a program or activity operated by the Bureau for Bureau-funded schools that receives funds under subsection (b) shall ensure, in accordance with a timeline established by the Director of the Bureau, that all full-time elementary and secondary teachers employed for such program or activity— (1) are compensated with an annual base salary, as such term is defined in section 1111(i)(1)(A) of the Elementary and Secondary Education Act of 1965 ( 20 U.S.C. 6311(i)(1)(A) ), that is not less than the minimum salary for teachers