INFORMATION ABOUT THE TIMING OF PENSION CHECKS
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Checks are mailed two days before the first of the
month to arrive on or near the first business day of the month.
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The Plan Office considers a check lost if not received by the 15th
of the month. You may request a stop payment and a new
check on or after the 15th. The reason for waiting until the 15th
is that checks are usually delayed in the mail rather than lost.
To reissue earlier may cause an even longer wait for your money.
The original check probably would arrive before the reissue check, but
could not be cashed because of the stop payment.
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We understand that late or lost pension checks can cause financial problems
for our pensioners; however, the Plan cannot control the timing of mail
delivery. The occasional postal delay is one of the reasons the Plan
offers direct deposit service. With this free service,
your pension is electronically transferred into your account on the first
business day of each month, with no chance of a check being late, lost
or stolen. Click to download
direct deposit sign-up form.
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