Benefit schedule set for 2021

Payments usually made on the first business day of each month

By Donna Castiglione, Ohio Public Employees Retirement System

Dec. 22, 2020 – If you’re an OPERS retiree, you receive a pension each month. Here’s when our retirees can expect to receive their pensions next year.

OPERS typically issues pension benefit payments on the first business day of the month. If that day falls on a weekend or holiday, we’ll issue the payment on the last business day of the previous month. The exception to this rule is in January when, for tax purposes, the payment must be issued on the first business day of the month.

Please make note of the payment dates for 2021 in the list below. You also can find this schedule posted on the OPERS website. Or, you can call us at the end of any month and listen to the automated “Fast Facts” message for these important dates. Simply press 2 for “Fast Facts.”

MonthPayment date
JanuaryJan. 4 (Monday)
FebruaryFeb. 1 (Monday)
MarchMarch 1 (Monday)
AprilApril 1 (Thursday)
MayApril 30 (Friday)
JuneJune 1 (Tuesday)
JulyJuly 1 (Thursday)
AugustJuly 30 (Friday)
SeptemberSept. 1 (Wednesday)
OctoberOct. 1 (Friday)
NovemberNov. 1 (Monday)
DecemberDec. 1 (Wednesday)

Donna Castiglione

Donna Castiglione is the assistant director of Member Services and has been with the Ohio Public Employees Retirement System for more than 13 years. She has extensive experience in customer service management in a variety of industries.

Donna Castiglione

Assistant Director of Member Services

20 thoughts on “Benefit schedule set for 2021

  • December 22, 2020 at 2:43 pm
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    Will the third month payment change to the first of the month, all payments.

    Reply
    • December 28, 2020 at 8:14 am
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      Willie,

      Payments will be made on the days posted in the chart.

      Reply
      • February 25, 2021 at 12:09 pm
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        I am also wondering about march payment, (I see what the chart says but since my check is usually deposited at midnight, does this mean it will be deposited at midnight Sunday night or at midnight Friday or Saturday?

        Reply
        • February 25, 2021 at 3:42 pm
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          Helen,

          It is scheduled to be deposited on March 1. However, individual banks have their own policies, so we have heard of some depositing them before the announced dates.

          Reply
  • December 22, 2020 at 6:58 pm
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    GOOD AFTERNOON! I AM SO SORRY I CAN’T SEE RIGHT NOW THANKS YOU ALL FOR EVERYTHING MY GOD BLESS YOU ALL AS MY PRAYERS LOVE YOU DEBRA ANN JERKINS.

    Reply
    • December 30, 2020 at 12:51 pm
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      The January 2021 benefit payments will be issued on 1/4/2021. Thanks M.S

      Reply
  • December 22, 2020 at 9:16 pm
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    I misplace my
    Debit care DirectExpress where I also get my SSID but got another one do I report my new to IRS or will my stimulus payment come to my new card?

    Reply
    • December 28, 2020 at 2:46 pm
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      Dominga,

      The stimulus payments are issued by the IRS, therefore you would need to contact the IRS to determine if they will require you new card information.

      Thank you,
      MGS

      Reply
  • December 29, 2020 at 9:46 am
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    When will our January pay be available? January 3rd is a Sunday so will our deposit not credit until midnight and be available January 5th? I need to pay rent by the 4th or pay a late fee so I need to plan accordingly

    Reply
    • January 4, 2021 at 8:20 am
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      S.C.,

      That information is contained in the blog — Jan. 4.

      Reply
  • December 31, 2020 at 12:11 am
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    My mortgage, medical insurance premiums, and utility payments all hit my bank account on the 1st of the month. But I won’t have any money until January 4, 2021. What am I supposed to do? Will OPERS pay all the daily fees the bank the charge for lack of funds?

    Reply
    • January 4, 2021 at 8:19 am
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      Jackie,

      As we stated in the blog, because of tax rules we cannot make the payment for January in the previous month, which constitutes the previous year. This is a longstanding policy, and we relate this information to members annually.

      Reply
    • August 23, 2021 at 2:38 pm
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      This has always been a problem, unfortunately we can’t do anything about it. I don’t sweat the small stuff God’s got me.

      Reply
  • January 1, 2021 at 4:24 pm
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    Thank you for the payment schedule for 2021! Very helpful.

    Reply
  • January 4, 2021 at 3:29 pm
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    Had 2 people tell me on Friday their the 1st their Opers deposit was in. Mine deposited today, why the difference?

    Reply
    • January 7, 2021 at 2:08 pm
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      Lillian,

      Sometimes banks make the deposits early. That is out of our control.

      Reply
  • June 28, 2021 at 9:19 am
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    I’m very grateful for my retirement. After my husband passed away I started getting My monthly payment. It enabled me to live well on my own. Thank you. Judy

    Reply
  • January 31, 2022 at 5:31 pm
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    My grandmother passed away on January 25. Her family is wondering when she gets paid on February 1st, is that for the month of January or February? Thank you.

    Reply
    • February 4, 2022 at 1:04 pm
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      Tracy, The February 1st benefit would be for the month of February. In general if a member passes in January they would not be eligible for the February benefit.

      Reply

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