Loan eligibility; correcting records and recovering overpayments.

Sec. 8. This act is not intended to prohibit a member or retirant from receiving a loan from the retirement system if the retirement system concludes that the member or retirant is otherwise eligible for a loan. Nothing in this act shall prevent a retirement system administrator from correcting records and seeking to recover overpayments that the retirement system made to a retirant or member. History: 2002, Act 100, Imd. Eff. Mar. 27, 2002