Pension Payroll

If you are receiving a Pension Payment as a Beneficiary, it is important to know what to expect and what to do if you do not receive your pension payment.

Methods of Receiving Your Pension Payments

Option Beneficiaries can choose to receive their monthly pension payments in one of the following two ways:

1. Direct Deposit
2. Mailed to your Home/Legal Address

If you do not submit a Retiree EFT Authorization form to BERS, then BERS will automatically mail the pension check to the home/legal address on file. Pension payments should be cashed or deposited as soon as possible. If the check is not cashed within 90 days after receiving it, BERS may stop future pension payments. If pension payments have stopped, you must contact the BERS office as soon as possible.

If you do not receive the pension check in the mail after 10 business days, you must complete and submit a Lost Check Affidavit form to BERS. Once BERS receives the form we will stop the outstanding check and reissue the payment.

Direct Deposit allows BERS to deposit the pension payment directly in your bank account or a joint bank account. To set up or change where the pension check is deposited, Option Beneficiaries should complete and submit a Retiree EFT Authorization form.