19-20-1202 . Correction of errors. The retirement system shall correct errors and, as far as practicable, shall: (1) in the case of underpaid benefits, adjust future benefit payments so the actuarial equivalent of the benefit to which the member or benefit recipient is correctly entitled will be paid; (2) in the case of overpaid contributions, refund the excess contributions; (3) in the case of unpaid contributions, recover the amounts owed for unpaid contributions; and (4) in the case of overpaid benefits, recover the amounts owed for overpayment.
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