After 60 days from the date of your first benefit payment, you may no longer change the option. Submit a completed PERS Direct Deposit Request. If your financial institution participates in the electronic deposit program, PERS will electronically deposit your monthly benefit payment in your checking or savings account. PERS can mail your check to your financial institution if it does not participate in the electronic deposit program. Your first monthly payment after electing direct deposit will be mailed to you.
Direct deposit is available only for regular monthly benefit payments.
All PERS service or disability retirees are eligible for the PERS group health insurance program. PERS offers long term care, major medical, dental, and Medicare-companion insurance. You may also be eligible for health insurance benefits through your employer. Check with your personnel, benefits, or payroll department for details. I understand PERS offers a premium for members enrolled in a PERS Medicare-companion plan.