(a) Penalty for fraud.--Any person who shall knowingly make any false statement or shall falsify or permit to be falsified any record or records of this system or plan in any attempt to defraud the system or plan as a result of such act shall be guilty of a misdemeanor of the second degree.
(b) Adjustment of errors.--Should any change or mistake in records result in any member, participant, beneficiary, survivor annuitant or successor payee receiving from the system or plan more or less than he would have been entitled to receive had the records been correct, then regardless of the intentional or unintentional nature of the error and upon the discovery of such error, the board shall correct the error and if the error affected contributions to or payments from the system, then so far as practicable shall adjust the payments which may be made for and to such person in such a manner that the actuarial equivalent of the benefit to which he was correctly entitled shall be paid. If the error affected contributions to or payments from the plan, the board shall take action as provided for in the plan document.
(Oct. 7, 1975, P.L.348, No.101, eff. imd.; June 12, 2017, P.L.11, No.5, eff. imd.)
Structure Pennsylvania Consolidated & Unconsolidated Statutes
Pennsylvania Consolidated & Unconsolidated Statutes
Chapter 59 - Administration, Funds, Accounts, General Provisions
Section 5901 - The State Employees' Retirement Board
Section 5902 - Administrative duties of the board
Section 5904 - Duties of the board to report to the Public School Employees' Retirement Board
Section 5905 - Duties of the board regarding applications and elections of members and participants
Section 5905.1 - Installment payments of accumulated deductions
Section 5906 - Duties of heads of departments
Section 5907 - Rights and duties of State employees, members and participants
Section 5908 - Rights and duties of annuitants
Section 5909 - Stress test of system
Section 5931 - Management of fund and accounts
Section 5932 - State Employees' Retirement Fund
Section 5933 - Members' savings account
Section 5934 - State accumulation account
Section 5935 - Annuity reserve account
Section 5936 - State Police benefit account
Section 5937 - Enforcement officers' benefit account
Section 5938 - Supplemental annuity account
Section 5939 - Interest reserve account
Section 5940 - Northern Ireland-related investments
Section 5941 - Benefits completion plan
Section 5951 - State guarantee regarding the system
Section 5952 - State supervision
Section 5953 - Taxation, attachment and assignment of funds
Section 5953.1 - Approval of domestic relations orders
Section 5953.2 - Irrevocable beneficiary
Section 5953.3 - Irrevocable survivor annuitant
Section 5953.4 - Amendment of approved domestic relations orders
Section 5953.5 - Transfer of domestic relations orders against county pension plans
Section 5953.6 - Irrevocable successor payee
Section 5954 - Fraud and adjustment of errors
Section 5955 - Construction of part
Section 5955.1 - Construction of part with respect to older workers protection
Section 5955.2 - Construction of part with respect to the Internal Revenue Code
Section 5956 - Provisions severable
Section 5957 - Independent Fiscal Office study
Section 5958 - Public Pension Management and Asset Investment Review Commission