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Payment Date Changes

Payment Date Changes

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Posted: 
February 12, 2013
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The State Universities Retirement System will begin releasing funds for electronic direct-deposit annuity payments on the first day of each month. Previously the funds were released on the first working day of the month. Disability payments which had been released on the last working day of the month will now be released on the last day of the month.

The change is a reflection of the ability of electronic funds to be transferred to a member’s bank regardless of whether the institution is open. A 2015 monthly schedule of benefit payment dates is included below. Affected dates are highlighted.

Paper checks will continue to be mailed on the first and last working days of the month.

2015 Benefits Payment Schedule

Disability Electronic Funds Transfer
Annuity Electronic Funds Transfer
1-31-2015
2-1-2015
2-28-2015
3-1-2015
3-31-2015
4-1-2015
4-30-2015
5-1-2015
5-31-2015
6-1-2015
6-30-2015
7-1-2015
7-31-2015
8-1-2015
8-31-2015
9-1-2015
9-30-2015
10-1-2015
10-31-2015
11-1-2015
11-30-2015
12-1-2015
12-31-2015
1-1-2016
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