§ 5065. Errors
Should any change or error in the records result in any member or beneficiary receiving from the Retirement System more or less than he or she would have been entitled to receive had the records been correct, the Retirement Board shall have the power to correct such error, and to adjust as far as practicable the payments in such a manner that the actuarial equivalent of the benefit to which such member or beneficiary was correctly entitled shall be paid or in such a manner that the impact upon the Fund is de minimis. (Added 1973, No. 251 (Adj. Sess.), § 3; amended 2017, No. 165 (Adj. Sess.), § 27.)
Structure Vermont Statutes
Title 24 - Municipal and County Government
Chapter 125 - Municipal Employees' Retirement System of Vermont
§ 5052. Name and date of establishment
§ 5053a. Employees of a supervisory union
§ 5055. Normal and early retirement
§ 5056a. Benefit denial; evidentiary hearing
§ 5057. Reexamination of disability beneficiary
§ 5059. Termination of service; preretirement death benefit
§ 5061. Death benefit; post retirement
§ 5061a. Accidental and occupationally-related death benefit
§ 5061b. Death benefit after retirement—Group D
§ 5062. Retirement Board; Medical Board; actuary; rates of contribution; safekeeping of securities
§ 5063. Investments; interest rate; disbursements
§ 5063a. Compliance with federal law
§ 5066. Exemption of member’s interest; assignment
§ 5066a. Alternate payee; domestic relations orders