It is GERS’ policy that all retirees enroll in our Direct Deposit Program. It is safe, secure, seamless and convenient.
Conveniences of Direct Deposit
Electing to have your annuity payments deposited into your checking, savings, or credit union account will ensure payments are credited to your account as of the payroll date.
Direct Deposit helps you to avoid the hassle of:
Stolen, destroyed, or misplaced checks
Waiting in lines to cash checks
Outdated checks
You Need to Enroll
Please note that once you become a retiree, direct deposit is not automatic.
Existing retirees may come into our office to complete the Direct Deposit Enrollment Form or submit a completed form from your financial institution.
Once your form is submitted, it takes one (1) pay cycle before monies are electronically credited to your account.
Reminder: When changing or closing an account with a financial institution, retirees should change or stop the direct deposit with GERS before closing the existing account.