Direct Deposit Information and Forms
Direct Deposit of your benefit payment means that your monthly benefit is automatically deposited into your checking or savings account.
Your check can’t be misplaced or lost, because it is electronically transmitted to your account. We are sure you will find Direct Deposit to be faster, easier and safer than traditional methods of banking.
If you would like to sign up for Direct Deposit, or you already receive your benefit via Direct Deposit and need to change bank and/or account information, please download the following Direct Deposit Authorization Form. You need to fill in Parts A and B, and return the completed form to the Pension Fund office. (If you are unsure of your routing number or account number, please take it to your financial institution and have them complete Part B for you.)
- Forms received by the 15th of the month will be processed for the next benefit payment. . (For example, if we receive your completed Direct Deposit Authorization Form on May 5th, it will be processed for your June 1st payment.)
- Forms received after the 15th of the month will not be processed until the following benefit payment. (For example, if we receive your completed Direct Deposit Authorization Form on May 18th, it will be processed for your July 1st payment.)