Receive Your Pension Payments Through Direct Deposit or an ADP Wisely Pay Card
If you’re still receiving your monthly pension payment by paper check, beginning January 1, 2021, there is a safer, more convenient way to get your pension payment—by direct deposit into your bank account or through a reloadable, prepaid ADP Wisely Pay Card. If you choose direct deposit, your pension payment will be deposited into a checking or savings account of your choice. If you choose the prepaid ADP Wisely Pay Card, your monthly pension payment will be loaded onto the card, which you can use wherever Visa is accepted, as well as at over 70,000 nationwide in-network ATMs or Walmart retail stores.
To make your selection, visit MyAccount, where you can complete and submit your Pension Payment Election Form. Or complete the form that we mailed to you and submit it by email to [email protected], by fax to (646) 473-8747 or by mail, using the business reply envelope included with the form. If you have any questions, call our Retiree Services Center at (646) 473-8666 or (800) 575-7771.