HB 155, engrossed, would amend current law for the correction of errors in the distribution of benefits by establishing a procedure whereby a public retirement system would notify a person whose payments are incorrect. The bill would also require the public retirement system to either adjust future payments or institute recovery of the amounts due within 90 days of the original notification. The bill would restrict the time frame during which a retirement system can collect on an overpayment and if a retirement system did not act within this time frame, it could have some potential costs to the system. However, no significant long-term actuarial impacts are anticipated.