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2009 Kentucky Revised Statutes
CHAPTER 161 SCHOOL EMPLOYEES -- TEACHERS' RETIREMENT AND TENURE
161.680 Mistake in payment -- Correction of error.

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161.680 Mistake in payment -- Correction of error. If any change or error in a record results in any individual receiving from the retirement <br>system more or less than the individual was entitled to receive, the board of trustees shall, <br>when the error is discovered, correct the error, and as far as practicable adjust the <br>payments so that the actuarial equivalent of the benefit to which the individual was <br>entitled shall be paid. Effective: July 1, 2004 <br>History: Amended 2004 Ky. Acts ch. 121, sec. 24, effective July 1, 2004. -- Repealed and reenacted 1990 Ky. Acts ch. 476, Pt. V, sec. 539, effective July 13, 1990. -- <br>Recodified 1942 Ky. Acts ch. 208, sec. 1, effective October 1, 1942, from Ky. Stat. <br>sec. 4506b-50.

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