Effective - 01 Jul 2000, 2 histories
86.357. Fraud in obtaining benefits, a misdemeanor — adjustment of errors. — 1. Any person who shall knowingly make any false statement, or shall falsify or permit to be falsified any record or records of this retirement system in any attempt to defraud such system as a result of such act, shall be guilty of a misdemeanor, and shall be punishable therefor under the laws of this state.
2. Should any change or error in records result in any member or beneficiary receiving from the retirement system more or less than would have been payable had the records been correct, the board of trustees shall correct such error, and, as far as practicable, shall adjust the payments in such a manner that the actuarial equivalent of the benefit to which such member or beneficiary was correctly entitled, shall be paid.
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(L. 1957 p. 256 § 51, A.L. 2000 H.B. 1808)
Effective 7-01-00