104.1060. Erroneous amount paid, correction--penalty for falsification--disqualification from receipt of payments, when. - Missouri Statutes

Erroneous amount paid, correction--penalty forfalsification--disqualification from receipt of payments, when.

104.1060. 1. Should any error result in any person receiving more orless than the person would have been entitled to receive had the error notoccurred, the board shall correct such error, and, as far as practicable,make future payments in such a manner that the actuarial equivalent of theannuity to which such person was entitled shall be paid, and to this endmay recover any overpayments. In all cases in which an error has beenmade, no such error shall be corrected unless the system discovers or isnotified of such error within ten years after the date of error.

2. A person who knowingly makes a false statement, or falsifies orpermits to be falsified a record of the system, in an attempt to defraudthe system shall be subject to fine or imprisonment under the Missourirevised statutes.

3. A board shall not pay an annuity to any survivor or beneficiarywho is charged with the intentional killing of a member, retiree orsurvivor without legal excuse or justification. A survivor or beneficiarywho is convicted of such charge shall no longer be entitled to receive anannuity. If the survivor or beneficiary is not convicted of such charge,the board shall resume annuity payments and shall pay the survivor orbeneficiary any annuity payments that were suspended pending resolution ofsuch charge.

(L. 1999 S.B. 308 & 314)