Pension recipients who take advantage of electronic direct deposit (EDD) now have the option to have their benefit payment deposited in up to three separate bank accounts. EDD users must choose a primary account, but they may also designate either a dollar amount or percentage of the benefit that will be automatically deposited monthly in each additional account.

Pension recipients can update their electronic direct deposit information through My Account or by submitting a paper form available here.

More than 90% of retirees and beneficiaries receiving a pension take advantage of the convenience and security of electronic direct deposit.