20-1273. Misstatements in group annuity contracts
In group annuity contracts there shall be a provision, with an appropriate reference thereto in the certificate, for the equitable adjustment of the benefits payable under the contract or of the stipulated payments thereunder, if it is found that the sex, age, service, salary or any other fact determining the amount of any stipulated payment or the amount or date or dates of payment of any benefit with respect to any annuitant covered thereby has been misstated.
Section: Previous 20-1266 20-1267 20-1268 20-1269 20-1270 20-1271 20-1272 20-1273 20-1274 20-1275 20-1276 20-1277 20-1301 20-1302 20-1303 NextLast modified: October 13, 2016