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Retirees

Direct Deposit

You can have your monthly benefit payment deposited directly into your checking or savings account electronically via the Direct Deposit system. Print, complete and mail the Direct Deposit Authorization (ET-7282) form or you may contact us for a form. Take the form to your financial institution for completion. You are required to sign the authorization. If you are unable to sign, a power of attorney appointee or a court appointed guardian or conservator may sign for you. We require a copy of the appointment paper for filing in your record.

The electronic deposit service is free of charge, and is a fast, dependable, and safe method for depositing your monthly benefit payment. It eliminates the possibility of a lost or stolen paper check, which can occur when a paper check is sent to your home.

Each time you change your financial institution or account number you must complete a new authorization form.