Benefit payments are distributed monthly in arrears, with checks or direct deposit payable on the last business day of the month. We encourage all retirees to elect to have their benefit payments direct deposited to a bank account. Although we mail checks at least two days in advance, we cannot guarantee prompt mail delivery by the Postal Service.
Since direct deposit is available to all retirees/survivors and in consideration of the cost to stop payment and reissue delayed checks, the Board has adopted the policy that checks will not be reissued for a minimum of 5 business days following the last day of the month. If a delay in the receipt of a benefit check causes a financial hardship, retirees have the option of electing direct deposit.
|Month||Mailing Dates for Checks||Direct Deposit Accounts Credited|
|December||Wednesday, December 28, 2022||Friday, December 30, 2022|
|January||Friday, January 27, 2023||Tuesday, January 31, 2023|
|February||Friday, February 24, 2023||Tuesday, February 28, 2023|
|March||Wednesday, March 29, 2023||Friday, March 31, 2023|
|April||Wednesday, April 26, 2023||Friday, April 28, 2023|
|May||Friday, May 26, 2023||Wednesday, May 31, 2023|
|June||Wednesday, June 28, 2023||Friday, June 30, 2023|
|July||Thursday, July 27, 2023||Monday, July 31, 2023|
|August||Tuesday, August 29, 2023||Thursday, August 31, 2023|
|September||Wednesday, September 27, 2023||Friday, September 29, 2023|
|October||Friday, October 27, 2023||Tuesday, October 31, 2023|
|November||Tuesday, November 28, 2023||Thursday, November 30, 2023|
|December||Wednesday, December 27, 2023||Friday, December 29, 2023|