Mailing of Benefit Payments & Direct Deposit

Direct deposit for monthly benefit payments is required. OPERS will deposit your monthly benefit directly into your savings or checking account. There is no delay and no danger of losing or misplacing a paper check. You will have easy access to your funds through your financial institution.

Certain benefit recipients may qualify for an exemption from using direct deposit. There are three categories of benefit recipients who qualify for a direct deposit exemption and will be allowed to receive their monthly benefit in the form of a paper check:

  1. Recipients who reside outside the United States will automatically receive a paper check;
  2. Recipients who reside in remote areas where direct deposit is not available financial institution through a local (a remote area has been defined as more than a 15-mile drive to any bank that provides direct deposit); or
  3. Recipients whose payments go to a third party such as a nursing or convalescent home.

Benefit recipients who reside within the United States, and believe they qualify for an exemption on the basis of the previously stated reasons are required to complete a Mandatory Direct Deposit Exemption form. OPERS staff will review each request and advise each recipient whether their request has been approved or denied. If the request is denied, the recipient will be required to participate in the direct deposit program.

Monthly benefit checks are mailed to OPERS benefit recipients on the last business day of the month. With direct deposit, money will be available on the first business day of the month. If that day falls on a weekend or holiday, payments will be issued on the last business day of the previous month (except January when, for tax purposes, the payment must be issued on the first business day of the month). To view the benefit payment dates, click here.