Direct Deposit and Payment Schedule
Instead of mailing you a check, we can deposit your monthly retirement benefit right into your account.
Why use direct deposit?
- It’s free
- Your
money is available immediately,
even
if you are not home - Not dependent on the mail
- Protects against check theft
- Simple to sign up
FORMS
2012 Direct Deposit Calendar
Download and print a direct deposit calendar.
PDF, 169KB)
The Retirement System will only deposit your benefit payment into a savings or checking account on which your name appears. The Retirement System will not deposit into an account that is a group account for money market, managed fund or brokerage accounts.
Complete a Direct Deposit form (K-15B) and fax or mail it to the Retirement System office.
2012 Direct Deposit Schedule
| January 31 |
July 31 |
| February 29 |
August 31 |
| March 30 |
September 28 |
| April 30 |
October 31 |
| May 31 |
November 30 |
| June 29 |
December 31 |
Direct deposits are generally made on the last working day of each month. Please keep in mind that there is always a chance, however rare, that something beyond our control may happen that could affect the timeliness of retiree payments. Other businesses and State agencies are also involved with the payment process. For this reason, the actual payment date may vary slightly.