Retirees
Payment Schedule
State law requires PERA to pay benefits during the first week of the month. To ensure members receive their benefits as soon as possible, PERA directly deposit benefits into your bank account the first business day of the month.
Generally, PERA mails actual checks the last business day of the previous month to reach the member the first business day of the month. Since mail times vary, if you have a lost check, Minnesota Management and Budget (MMB) will not issue replacement checks during the first two weeks of the month.
PERA urges members to take advantage of direct deposit. It is simple, free and secure. Fill out a Direct Deposit form today.
2024 Payment Dates:
January 2
February 1
March 1
April 1
May 1
June 3
July 1
August 1
September 3
October 1
November 1
December 2
353.29 Subd. 7 & Subd. 8:
– Subd 8. Annuities; payment.
– Payment of any annuity or benefit for a given month must be mailed by the association to the annuitant, recipient of a disability benefit, or survivor, or must be automatically deposited under section 401, subdivision 2, during the first week of that month.