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Title XI EDUCATION AND LIBRARIES

Chapter 169

previous next Effective - 28 Aug 1961bottom

  169.530.  False statement, misdemeanor — correction of records — adjustment. — 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.  Should any change or error in records result in any member or beneficiary receiving from the retirement system more or less than he would have been entitled to receive had the records been correct, the board of trustees shall have the power to correct such error and, as far as practicable, may 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. 1943 p. 805 § 13, A.L. 1955 p. 524, A.L. 1961 p. 384)


---- end of effective   28 Aug 1961 ----

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