HB 155 amends 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 notification is to include the amount of correction in the payment, how the correction was calculated, the reason for the correction, instructions on how to file a written complaint and a payment schedule for overpayments should no future payments be due to the person. The bill would also require the public retirement system to either adjust future payments or recover the amounts due within 90 days of the original notification. The bill provides procedure for a written complaint to be filed and addressed by the public retirement system. The complaint is to be addressed through any complaint procedure provided by the retirement system. The retirement system cannot recover any payments or make any adjustments to future payments until the complaint is resolved. The bill restricts the time frame during which a retirement system can collect on an overpayment and if a retirement system does not act within this time frame, it could have some potential costs to the system; however, there would generally be no significant long-term actuarial impact.