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FAQ's


8. WHEN WILL I RECEIVE MY BENEFIT PAYMENT?

·        Generally, applications received by the 25th of the current month and approved will be paid on the 25th of the following month. (Exception: Applications received between May 26th and July 25th will be paid in August; no benefit distributions are made in July due to the annual Fund audit.)  

·        Distribution checks are generally placed in the U.S. Postal Service mail the evening of the business day prior to the 25th of the month.  The Fund does not make direct deposits.

·        If you are requesting a direct rollover, the direct rollover check will be mailed directly to the receiving custodian.  You will receive a notice by mail that the direct rollover check has been mailed.

 

   
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