§ 11-43. Errors.

Latest version.

Should any change or error discovered in the plan records result in any member or designated beneficiary receiving from the plan more or less than he would have been entitled to receive had the records been correct, the board shall have the power to correct such error and, as far as possible, adjust the payments in such a manner that the actuarial equivalent of the benefit to which the member of designated beneficiary was correctly entitled shall be paid.

(Ord. No. 124-X-O, § 1(16-18), 9-12-89; Ord. No. 124-X-P, § 1, 12-18-90)

                    
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