Indiana Administrative Code (Last Updated: December 20, 2016) |
Title 35. BOARD OF TRUSTEES OF THE INDIANA PUBLIC RETIREMENT SYSTEM |
Article 35IAC14. INDIANA STATE TEACHERS' RETIREMENT FUND |
Rule 35IAC14-2. Administrative Matters |
Section 35IAC14-2-13. Overpayment of benefits
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If a member, survivor, or beneficiary receives an overpayment of retirement benefits due to an administrative error, failure to inform the fund of reemployment, or any other reason, the member, survivor, or beneficiary has an obligation to repay the erroneous payments to the fund. (Board of Trustees of the Indiana Public Retirement System; 35 IAC 14-2-13; filed Oct 5, 1992, 5:00 p.m.: 16 IR 706; readopted filed Dec 3, 2001, 11:02 a.m.: 25 IR 1731; adopted Mar 27, 2007: 20070404-IR-550070200ONA) NOTE: Transferred from the Board of Trustees of the Indiana State Teachers' Retirement Fund (550 IAC 2-2-10) to the Board of Trustees of the Indiana Public Retirement System (35 IAC 14-2-13) by P.L.23-2011, SECTION 22, effective July 1, 2011.