First benefit payment 

You should receive your first benefit payment approximately 6 weeks after the retirement date indicated on your application. Please plan accordingly. The first check includes retirement benefits retroactive to the effective date of your retirement. For example, if your effective date of retirement is July 1 and your first check is issued August 20, it will include payment for two months.

The 6-week timeline assumes:

  • your application for retirement is in good order

  • you have provided MSRS with the required documents, and

  • your employer has remitted all contributions to your retirement plan

Failure to meet these requirements could delay your payment.

Important! Submitting your application early has no impact on this timeline. The reason for the delay is to ensure that your employer has remitted all contributions to your retirement plan.


Subsequent (ongoing) benefit payments

Payment is generally made the first business day of the month. For a list of current calendar year dates, see Pension Payment Dates.

  • If direct deposit, payment should be in your bank account the first business day. We encourage you to sign up for direct deposit (pdf) -- it is the safest, fastest and most convenient way to receive payments.

  • If payment made by check, it will be mailed to you the first business day.