Payments usually made on the first business day of each month
By Donna Castiglione, Ohio Public Employees Retirement System
Dec. 5, 2017 – Each year we share pension payment dates for the coming year in the last newsletter of the year, which should be arriving in your emails or mailboxes very soon.
If you are curious how we determine this schedule it’s pretty simple. Payments will be issued on the first business day of the month. If that day falls on a weekend or holiday, payments will be issued on the last business day of the previous month. The exception is January when, for tax purposes, the payment must be issued on the first business day of the month, which next year is Jan. 2.
We recommend that you snip the schedule listed below and clip it to the fridge.
If you’d rather get this information by phone, you can do so without holding. Simply press 2 for “Fast Facts,” and you’ll get answers to current issues including the following month’s payment date.
|Benefit month||Payment date|
|January||Jan. 2 (Tuesday)|
|February||Feb. 1 (Thursday)|
|March||March 1 (Thursday)|
|April||March 30 (Friday)|
|May||May 1 (Tuesday)|
|June||June 1 (Friday)|
|July||June 29 (Friday)|
|August||Aug. 1 (Wednesday)|
|September||Aug. 31 (Friday)|
|October||Oct. 1 (Monday)|
|November||Nov. 1 (Thursday)|
|December||Nov. 30 (Friday)|
|January 2019||Jan. 2, 2019 (Wednesday)|