Your Retirement Benefit Payment

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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, 2018
  • February 28, 2018
  • March 30, 2018
  • April 30, 2018
  • May 31, 2018
  • June 29, 2018
  • July 31, 2018
  • August 31, 2018
  • September 28, 2018
  • October 31, 2018
  • November 30, 2018
  • December 31, 2018

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.

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