19-20-1202. Correction of errors. The retirement system shall correct errors and, as far as practicable, shall:
     (1) in the case of underpaid benefits, adjust future benefit payments so the actuarial equivalent of the benefit to which the member or benefit recipient is correctly entitled will be paid;
     (2) in the case of overpaid contributions, refund the excess contributions;
     (3) in the case of unpaid contributions, recover the amounts owed for unpaid contributions; and
     (4) in the case of overpaid benefits, recover the amounts owed for overpayment.

     History: En. Sec. 2, Ch. 210, L. 2015.