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Direct Deposit

The safest, fastest, and easiest way to get your TRSL retirement benefits every month is through direct deposit.
  • To set up direct deposit for your regular retirement benefits:
    Complete and submit to TRSL a Direct Deposit of Benefits (Form 15D).
  • To change the financial institution receiving your retirement benefit or DROP/ILSB withdrawals:
    Resubmit to TRSL the appropriate form(s) above with your updated banking information.
What you need to know
If TRSL receives your direct deposit form by the 15th of the month, your next month’s benefit will be sent electronically to your financial institution. Retirees receiving estimated benefits will receive their first benefit check through the mail. Subsequent benefits will be made by direct deposit.

Direct deposit payment stubs
Retirees will receive a direct deposit payment stub from TRSL when one of the following occurs:
  • Every December,
  • When direct deposit requests are established, and
  • When the net benefit amount changes.

Need more information?

 Direct Deposit of Benefits (Form 15D)
  Direct Deposit of DROP or ILSB Withdrawals (Form 11R)

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