38-765. Errors; benefit recomputation
If any change or error in the records results in any member or beneficiary receiving
from ASRS more or less than the member or beneficiary would have been entitled to receive
if the records had been correct, ASRS shall correct the error and as far as practicable
shall adjust the payments in a manner so that the actuarial equivalent of the benefit to
which the member or beneficiary was correctly entitled is paid. ASRS shall correct any
change or error and shall pay the appropriate monies to a member or beneficiary or shall
recover monies from the member or beneficiary if the member or beneficiary is overpaid.
ASRS shall recover monies by reducing any benefit otherwise payable by ASRS or the LTD
program established by article 2.1 of this chapter to an active, inactive, disabled or
retired member, survivor, contingent annuitant, beneficiary or alternate payee.
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