161.680 Mistake in payment -- Correction of error. - Kentucky Statutes

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161.680 Mistake in payment -- Correction of error. If any change or error in a record results in any individual receiving from the retirement
system more or less than the individual was entitled to receive, the board of trustees shall,
when the error is discovered, correct the error, and as far as practicable adjust the
payments so that the actuarial equivalent of the benefit to which the individual was
entitled shall be paid. Effective: July 1, 2004
History: Amended 2004 Ky. Acts ch. 121, sec. 24, effective July 1, 2004. -- Repealed and reenacted 1990 Ky. Acts ch. 476, Pt. V, sec. 539, effective July 13, 1990. --
Recodified 1942 Ky. Acts ch. 208, sec. 1, effective October 1, 1942, from Ky. Stat.
sec. 4506b-50.