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.