About Your Payments

After your initial payment, your SERS pension is deposited on the first of every month. If the first falls on a weekend or holiday, your payment will be available on the previous business day. The January payment will be in your account on the first business day following January 1.

SERS sends the Retiree Focus newsletter in January and July, which includes a statement showing your current gross monthly pension, deductions, and year-to-date totals. You will also receive a statement any time your monthly payment amount changes.

You can view detailed payment information using Account Login.

The Payments section allows you to:

• Review your payment history
• See details for upcoming payments
• Update direct deposit information
• Change tax withholding

2026 Monthly Benefit Payment and Direct Deposit Schedule

When contacting SERS, always include your full name and either the last four digits of your Social Security number or your full Member ID.

It is important to keep your personal information up-to-date, including your mailing address. Even if your pension is deposited directly into your bank account, SERS must have your current address on file. You can update your information using the My Profile section of Account Login.

Please notify SERS if your circumstances change, such as:

• A change of address
• The death of a spouse covered under SERS ‘health care
• Changes related to a Joint Life plan of payment (see Changing Your Beneficiary or Plan of Payment After Retirement below)

There are limited circumstances that allow you to change your plan of payment after retirement:

Pop-Up:

• If you selected Plan A, C, or D and your beneficiary dies before you, your pension will be adjusted to the Single Life amount. This is called a “Pop-Up”.
• If you selected Plan F, for multiple beneficiaries, your pension will be adjusted if one or more beneficiaries dies before you.
• Pop-Ups do not apply to Plan E, which had a guaranteed payment period.
• This can only be done under a Plan A, C, D, or F option.
• Divorce or Dissolution: If you selected Plan A, C, D, or F for your spouse and you later divorce, or your marriage is dissolved or annulled, your plan may be adjusted only with the consent of your ex-spouse or by an order of the court.
• Marriage or Remarriage: If you marry or re-marry after retirement, you may re-select a joint survivor plan for your new spouse if you chose Plan B, or in limited circumstances, Plan F. This is called a “Pop-Down,” and must be completed within one year of your date of marriage.

If you are married, it is important to discuss your payment plan choice with your spouse. Upon your death, benefits stop unless you selected a Joint Survivor Allowance (Plans A, C, D, or F).

Plan E benefits continue only for the duration of the guaranteed period.