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Monday, December 17, 2018

Retiree Payment Schedule

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After a person retires and receive their first retirement check, I am curious to know how will the be paid out? Will it be monthly, or bi-weekly?
Retirees are paid once a month, on the last working day of each month. If you enroll in direct deposit during the retirement process, your payment will be transferred electronically on that day. If you receive a paper check, it will be mailed on the last working day of the month. We encourage retirees to participate in direct deposit, since it is faster and more secure than a paper check.

You can view the payment schedule for the current year on our website, which we will be updating for 2019 soon.

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