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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