Benefits are paid at the end of the month (last business day) for
the current month’s benefits.
First Benefit Payment
If you have recently retired, you will usually receive your
first allowance payment by direct deposit at the end of
the month following the month you retire (for example, if you
retire any time in March, you will receive your first payment on
the last business day in April). Also, due to processing time
with your employer, it may be approximately 6-8 weeks before you
receive your first retirement payment.
