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Monthly Payment Dates

PSERS pays monthly retirement benefits on the last working day of the month for which they are due.  However, because PSERS’ group health insurance premiums are payable in advance, your medical deduction is for the following month.  For example, PSERS will pay your January benefit on January 30th, but the medical deduction is for February.

Payments sent via electronic transfer to your financial institution should be in your account by 9:00 AM on the last business day of the month.  Payments mailed to your home address may take additional time to reach you. 


Benefit for Month of: In 2014 Paid on: Medical Deduction for Month of:
January January 30 February
February February 27 March
March March 31 April
April April 30 May
May May 29 June
June June 30 July
July July 31 August
August August 31 September
September September 30 October
October October 30 November
November November 30 December
December December 31 January 2016