20-1273. Misstatements in group annuity
contracts


In group annuity contracts there shall be a provision, with an appropriate reference
thereto in the certificate, for the equitable adjustment of the benefits payable under
the contract or of the stipulated payments thereunder, if it is found that the sex, age,
service, salary or any other fact determining the amount of any stipulated payment or the
amount or date or dates of payment of any benefit with respect to any annuitant covered
thereby has been misstated.