Pension payment schedule

 

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MonthDirect deposit date*Check mailing date**
January 2024Wednesday, January 31Monday, January 29
February 2024Thursday, February 29Tuesday, February 27
March 2024Friday, March 29Wednesday, March 27
April 2024Tuesday, April 30Friday, April 26
May 2024Friday, May 31Wednesday, May 29
June 2024Friday, June 28Wednesday, June 26
July 2024Wednesday, July 31Monday, July 29
August 2024Friday, August 30Wednesday, August 28
September 2024Monday, September 30Thursday, September 26
October 2024Thursday, October 31Tuesday, October 29
November 2024Friday, November 29Tuesday, November 26
December 2024Tuesday, December 31Friday, December 27

*Direct deposit statements are only produced and mailed:

  • when your first direct deposit is made;
  • when there is a change in the amount of your direct deposit from the prior month (for instance, if you change the amount of your federal tax withholding or your insurance premium changes);
  • when the MTRS needs to inform retirees of new information and prints a special notice on the top portion of the direct deposit statement; and,
    at the end of December, when the MTRS provides you with a statement that shows your complete year-to-date information for the calendar year.

**Checks are issued on the check mailing date and payable on the direct deposit date. If you receive your check before the date it is payable, please do not cash it until the payable date.

Moving or going to a temporary address? Please be sure to change your address with us to ensure that you receive your checks or direct deposit statements.