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September 1 Direct Deposits Not Affected by Hurricane Harvey

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September 1 Direct Deposits Not Affected by Hurricane Harvey

September 1 Direct Deposits Not Affected by Hurricane Harvey

First, our thoughts are with all of those now being affected by the devastating effects of Hurricane Harvey.

From a housekeeping standpoint, all LSERS monthly benefit payments will be released on time for September 1.  Retirees and other benefit recipients receiving their benefits by direct deposit will have the funds available on the first.  However, LSERS cannot guarantee timely delivery of paper checks by the U.S. Postal Service in areas heavily affected by Hurricane Harvey.

Considering that storm’s impact in southeast Texas and southwest Louisiana, we would like to remind our retirees and other benefit recipients that the safest, fastest, and easiest way to receive their LSERS benefits every month is through Direct Deposit.  Regardless of the weather LSERS benefit payments sent through direct deposit are guaranteed to be in your bank account on the first business day of every month. 

If you now receive a paper check for LSERS benefits, but would like your October 2017 and all other future benefits direct deposited, refer to Fact Sheet 8.