Montana § 19-20-1202 Correction Of Errors

Montana Statutes

§ 19-20-1202 — Correction Of Errors

Montana·Title 19 PUBLIC RETIREMENT SYSTEMS·Ch. 20 TEACHERS' RETIREMENT·Part 12 Unpaid Contributions and Overpayments

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.

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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.

Montana § 19-20-1202 (Correction Of Errors) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.