With EFT, your pension benefit is sent electronically to your financial institution and credited directly to your account. There is no check printed or sent through the mail.
· Immediate and uninterrupted deposits during periods of absence from residence.
· Your pension benefit is credited to your account on the first banking day of each month.
· Reduced risk of loss, theft, or forgery of benefit checks.
In order to participate in EFT, complete Section 1 of the Electronic Fund Transfer Authorization Form. Have your bank complete Section 2 and send the completed form to the Plan office.
To download an EFT Authorization Form and complete instructions,
click here.
Prior to transmission of your initial EFT, you will receive an effective date notification at the home address you have on record with the Plan office.
The EFT deposit dates for 2008 can be downloaded by clicking here.
