Failed login still triggers "Have you forgotten your password?" link

When the "Remove password change fields from user edit form" option is checked, the user still sees the following message on a failed login attempt:

Sorry, unrecognized username or password. Have you forgotten your password?

This message links to the password reset form path, which simply returns "Page not found."

I'm working around this issue by using the No Request New Password module, which removes the link to the password reset form from this error message. Still, for completeness' sake, it seems like the "Remove password change" option should remove the broken link as well.