To avoid delayed or lost benefit checks we highly recommend that your retirement benefit payments be electronically transferred to your bank, credit union, or financial institution. Electronic deposits are made on the first banking day of the month.

To receive your monthly benefit payment electronically, you must complete a Direct Deposit Agreement form. The form can be downloaded from our Forms Page or you can contact the MSRS Service Center to obtain a form.

If we receive your Direct Deposit Agreement by the 15th of the month, your next check will be deposited as requested. If we receive it after the 15th, it won't take effect until the following month.

If your monthly benefit is deposited electronically, please be sure to keep us informed of any address changes.

Direct Deposit Changes

• If you already have your monthly benefit deposited electronically, and you change financial institutions, please complete a new Direct Deposit Agreement form.
• If you change the bank account number but not the financial institution, you may request the change by calling our office.