In the event any change or error in the records of the retirement system results in
any member, retirant or beneficiary receiving from the retirement system more or less
than he would have been entitled to receive had the records been correct, the board
shall correct such error and as far as practicable shall adjust subsequent payments
in such a manner that the actuarial equivalent of the benefits to which such member,
retirant or beneficiary was correctly entitled shall be paid. In the event of overpayment
to any member, retirant or beneficiary, the board may take legal action, if necessary,
to recover such payment.
(Code 1960, § 19-21; Code 1981, § 26-85)
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