Your Retirement Benefit Payment

Direct Deposit

Your retirement benefit payment is automatically deposited into your bank account on the last business day of each month.

Monthly Direct Deposit Dates

• January 31, 2023
• February 28, 2023
• March 30, 2023
• April 28, 2023
• May 31, 2023
• June 30, 2023
• July 31, 2023
• August 31, 2023
• September 29, 2023
• October 31, 2023
• November 30, 2023
• December 29, 2023

Changing Your Direct Deposit Account

If you are changing to a new bank account you must complete a new Direct Deposit Form. Please submit the signed form along with a voided check, imprinted with your name and account number.

MCERA must receive your new completed form by the 15th of the month for the change to be effective the month-end following receipt. If your form is received later than the 15th of the month, the change will be effective for the following month-end payment.