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The Retired Members section provides
tools and information to use during your retirement. Please
contact us if we can assist in any way.
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Are you getting Social Security, VA or other federal
benefits by paper check? |
Late last year, the U.S. Treasury announced a new rule which
mandates that all federal benefit and non-tax payments will
be paid electronically by March 1, 2013. This change will
impact people who are about to apply for federal benefits
(like Social Security retirement) and those who are already receiving benefits by paper
check. Note: This change
does not affect your MainePERS Retirement Benefit.
For those retirees and their spouses/ significant others who
may be collecting a benefit such as Social Security, we want
you to be aware of this important change. It is the
Federal Reserve Banks' effort to increase the use of
electronic payments for federal benefits and to reduce the
use of paper checks for federal benefit payments. Complete
details and guidance may be found at
www.godirect.org. |
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