(a) Upon request by an affected member or beneficiary under (b) of this section, the commissioner of administration may waive an adjustment or a portion of an adjustment made under AS 14.25.173 if, in the opinion of the commissioner of administration,
- (1) the adjustment or portion of the adjustment will cause undue hardship to the member or beneficiary;
- (2) the adjustment was not the result of erroneous information supplied by the member or beneficiary;
- (3) before the adjustment was made, the member or beneficiary received confirmation from the administrator that the member's or beneficiary's records were correct; and
- (4) the member or beneficiary had no reasonable grounds to believe the records were incorrect before the adjustment was made.