La. Consolidated Public Retirement § 11:705

Current with changes from the 2024 legislative session effective on or before 7/1/2024, from Acts 2,3, 6-535, and 580-647
Section 11:705 - False statements or falsification of records; penalty; correction of errors; adjustments
A. Any person who knowingly makes any false statement or falsifies or permits to be falsified any record or records of this retirement system in any attempt to defraud such system shall be fined not more than five hundred dollars, or imprisoned for not more than twelve months, or both.
B. Should any change or error in the records result in any member or beneficiary receiving from the retirement system more or less than he would have been entitled to receive had the records been correct, the board of trustees shall correct such error, and as far as practicable, shall adjust the payment in such a manner that the actuarial equivalent of the benefit to which such member or beneficiary was correctly entitled shall be paid.

La. Consolidated Public Retirement § 11:705

Redesignated from R.S. 17:574 by Acts 1991, No. 74, §3, eff. June 25, 1991.
Redesignated from R.S. 17:574 by Acts 1991, No. 74, §3, eff. 6/25/1991.