Payment Dates and Information

Overview

Payment Dates
2019 deposit and check dates

  Deposit Date* Check Date
January Thursday 31 Thursday 31
February Thursday 28 Thursday 28
March Friday 29 Saturday 30
April Tuesday 30 Tuesday 30
May Friday 31 Friday 31
June Friday 28 Saturday 29
July Wednesday 31 Wednesday 31
August Friday 30 Saturday 31
September Monday 30 Monday 30
October Thursday 31 Thursday 31
November Friday 29 Saturday 30
December Tuesday 31 Tuesday 31

Payment Information

It is mandatory for all payees to receive their monthly allowance through direct deposit to their financial institution. Payments are issued on the last business day of each month. Funds post immediately to the payee’s bank account.

Payees receiving direct deposit will be mailed an advice slip only in January, July, and in any month in which there is a change to their net payment amount, financial institution account number or routing number.

Post

Update Direct Deposit

To change the bank or the bank account where your monthly retirement allowance is deposited, you must complete and submit a Form 85: Direct Deposit Electronic - Funds Transfer Sign-Up.

You must complete Section I of the form and a representative of your financial institution must complete Section II.

It takes between 30 – 45 days to update your direct deposit information. Therefore, do not close out the bank account where your monthly retirement allowance was previously deposited until you see that the deposit is now being made to your current.