Mich. Comp. Laws § 38.41
This is the official text of Mich. Comp. Laws § 38.41, part of Michigan’s Comp. Laws — part of the compiled statutory law of Michigan, published by the state as "Comp. Laws." Browse the sections below, each linked to its official government source.
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Correction of errors in payment of retirement allowances.
Official statutory text
Sec. 41.
Should any change or error in the records result 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 retirement board shall correct such error and, as far as practicable, shall adjust the payment in such a manner that the actuarial equivalent of the benefit to which such member, retirant or beneficiary was correctly entitled shall be paid.
History: 1943, Act 240, Eff. July 30, 1943; CL 1948, 38.41; Am. 1955, Act 237, Imd. Eff. June 21, 1955
Should any change or error in the records result 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 retirement board shall correct such error and, as far as practicable, shall adjust the payment in such a manner that the actuarial equivalent of the benefit to which such member, retirant or beneficiary was correctly entitled shall be paid.
History: 1943, Act 240, Eff. July 30, 1943; CL 1948, 38.41; Am. 1955, Act 237, Imd. Eff. June 21, 1955
Status: in_force · Read it on the official government site
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