Articles | Direct Deposit Now Required for Federal Retirement Benefit Payments
Direct Deposit Now Required for Federal Retirement Benefit Payments
Notice from the Office of Personnel Management (OPM) April 1, 2011
The U.S. Department of Treasury has made changes affecting the way you will
receive your retirement benefits payments. Everyone will be required to change
to direct deposit or receive a debit card (if you do not have a bank account).
If you already have direct deposit, congratulations and thank you! If you don't,
please sign up with us now. The U.S. Treasury will be sending an official notice
Wouldn't it be nice to know that you don't have to worry about your paper
check being delayed in the mail, lost or stolen? Well, more than 95% of all
Federal retirees receive their payments by direct deposit and they feel secure
that their payments will arrive on time and are immediately available to them.
Our direct deposit occurs on the first business day of each month!
To help you sign up for direct deposit, OPM is providing many