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 29, 2021
• February 26, 2021
• March 31, 2021
• April 30, 2021
• May 28, 2021
• June 30, 2021
• July 30, 2021
• August 31, 2021
• September 30, 2021
• October 29, 2021
• November 30, 2021
• December 31, 2021

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.