97B.10 CREDITING OF ERRONEOUS CONTRIBUTIONS.
1. If the system finds the employee or employer, or both, have
erroneously paid contributions, including the payment of
contributions prior to an individual's valid decision to elect out of
coverage under this chapter on or after January 1, 1999, pursuant to
section 97B.42A, the system shall make an adjustment, compromise, or
settlement and shall credit such payments to the appropriate party.
2. A claim of an employee or employer for a credit for
erroneously paid contributions shall be made within three years of
date of payment. However, the system may issue a credit to employees
or employers after the expiration of the three-year deadline if the
system finds that issuing the credit is just and equitable.
3. Interest shall not be paid on credits issued pursuant to this
section. However, the system may, at any time, apply accumulated
interest and interest dividends as provided in section 97B.70 on any
credits issued under this section if the system finds that the
crediting of interest is just and equitable.
97B.10 CREDITING OF ERRONEOUS CONTRIBUTIONS.
1. If the system finds the employee or employer, or both, have
erroneously paid contributions, including the payment of
contributions prior to an individual's valid decision to elect out of
coverage under this chapter on or after January 1, 1999, pursuant to
section 97B.42A, the system shall make an adjustment, compromise, or
settlement and shall credit such payments to the appropriate party.
2. A claim of an employee or employer for a credit for
erroneously paid contributions shall be made within three years of
date of payment. However, the system may issue a credit to employees
or employers after the expiration of the three-year deadline if the
system finds that issuing the credit is just and equitable.
3. Interest shall not be paid on credits issued pursuant to this
section. However, the system may, at any time, apply accumulated
interest and interest dividends as provided in section 97B.70 on any
credits issued under this section if the system finds that the
crediting of interest is just and equitable.
97B.10 CREDITING OF ERRONEOUS CONTRIBUTIONS.
1. If the system finds the employee or employer, or both, have
erroneously paid contributions, including the payment of
contributions prior to an individual's valid decision to elect out of
coverage under this chapter on or after January 1, 1999, pursuant to
section 97B.42A, the system shall make an adjustment, compromise, or
settlement and shall credit such payments to the appropriate party.
2. A claim of an employee or employer for a credit for
erroneously paid contributions shall be made within three years of
date of payment. However, the system may issue a credit to employees
or employers after the expiration of the three-year deadline if the
system finds that issuing the credit is just and equitable.
3. Interest shall not be paid on credits issued pursuant to this
section. However, the system may, at any time, apply accumulated
interest and interest dividends as provided in section 97B.70 on any
credits issued under this section if the system finds that the
crediting of interest is just and equitable.
