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, 2024
- February 29, 2024
- March 29, 2024
- April 30, 2024
- May 31, 2024
- June 28, 2024
- July 31, 2024
- August 30, 2024
- September 30, 2024
- October 31, 2024
- November 27, 2024
- December 31, 2024
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.