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Changes to direct deposit monthly notifications

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Changes to direct deposit monthly notifications

Changes to direct deposit monthly notifications

To provide the most efficient and fiscally responsible services to our membership, LSERS will be changing the frequency of when direct deposit payment notifications are sent.  Effective January 1, 2015, direct deposit payment notifications will be sent out only when one of the following occurs:

A direct deposit is setup for the first time.

  • There is a change in your net pay related to insurance and federal tax withholdings or increases from cost-of-living adjustments.
  • In December of each calendar year.

Members can view benefit payment information at their convenience 24/7 in the comfort of their home via LSERSWeb. Visit www.lsers.net and login to your retirement account.