2016 Pension Payment Schedule

 

Direct Deposit of your monthly benefit occurs on the final business day of the month.

MonthMail DateDirect Deposit
JanuaryWednesday, 1/27Friday, 1/29
FebruaryThursday, 2/25Monday, 2/29
(Leap day!)
MarchTuesday, 3/29Thursday, 3/31
AprilWednesday, 4/27Friday, 4/29
MayFriday, 5/27Tuesday, 5/31
JuneTuesday, 6/28Thursday, 6/30
JulyWednesday, 7/27Friday, 7/29
AugustMonday, 8/29Wednesday, 8/31
SeptemberWednesday, 9/28Wednesday, 9/30
OctoberThursday, 10/27Monday, 10/31
NovemberMonday, 11/28Wednesday, 11/30
DecemberWednesday, 12/28Friday, 12/30

COLA Update: Effective July 1st, the Middlesex County Retirement Board has granted a 3% cost of living increase (COLA) to qualifying retirees and beneficiaries on the base maximum of $14,000 of benefits.  Retirees receiving an annual benefit of $14,000 or more will receive a monthly increase of $35.00.