Under this program, you can have your monthly benefit payment deposited electronically into your checking or savings account. This will ensure that PERS deposits your payment on the first working day of the month, even if you are traveling. It also prevents lost or stolen checks.
Automatic deposit forms are available at PERS offices. You can also access the Authorization Agreement for Automatic Deposit form on the PERS website by clicking the Form button.
After you send your automatic deposit form to PERS requesting direct deposit, PERS verifies that the automatic deposit processes accurately. During the verification period, PERS may send your benefit payment to your mailing address. Thereafter, PERS will automatically deposit your monthly benefit.
Note: Initial payments, including lump-sum and retroactive payments, may be processed before your direct deposit setup is complete. PERS mails those payments to your home mailing address.