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The pay date for February is 02/01/2016.

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Monthly Benefit Payments Direct Deposit Dates
February 02/01/2016
March* 03/01/2016
April 04/01/2016
May 04/29/2016
June* 06/01/2016
July 07/01/2016
August 08/01/2016
September* 09/01/2016
October 09/30/2016
November 11/01/2016
December* 12/01/2016

*Direct deposit notice or check stub will be mailed to all benefit recipients.

You will receive a check stub whenever there is a change to your benefit, such as health care premium change, a tax withholding change, or a bank account change.

SERS strongly encourages all retirees to have their pension payments paid directly to a bank or credit union. Direct deposit of your funds is the only way to assure that your payment will be available on the first of every month. Direct deposit eliminates any concerns about late, lost, or stolen checks. Since pension checks cannot be forwarded, direct deposit also eliminates delays when you travel during retirement. It is your responsibility to make sure the funds are in your account before writing checks against your account.

If you do not enroll in direct deposit, there is no guarantee that you will receive your payment right on the first of every month. Delivery delays might occur that are beyond SERS’ control, such as lost or stolen checks. You must wait 10 days after the expected delivery date before SERS can begin the process of stopping payment and issuing a new check. This delay will not occur if you have direct deposit.

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(1/19/16) - The Internal Revenue Service (IRS) issued a warning today advising taxpayers to be on alert for aggressive phone scammers who are posing as IRS agents.

Scam artists are developing new scare tactics to trick taxpayers into providing confidential financial information, or making a fake tax payment to the offender.

Scammers have expanded their approach, targeting virtually anyone. They often angrily demand payment over the phone, threatening unpleasant things, such as police arrest and deportation, if their demands are not met.

The IRS would like to remind taxpayers not to confuse the official IRS site, IRS.gov, with sites claiming to be the IRS but ending in designations such as .com, .net, or .org. Additionally, IRS representatives would not threaten arrest, or demand payment over the phone or call about taxes owed without first mailing you a letter. They will never ask for credit or debit card numbers over the phone.

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If you believe you have been targeted in this scam, the IRS recommends that you take the following steps:

  • If you actually do owe taxes, call the IRS at 1-800-829-1040. IRS workers can help you with a payment issue.
  • If you know you don’t owe taxes or do not immediately believe that you do, you can report the incident to the Treasury Inspector General for Tax Administration (TIGTA) at 1-800-366-4484.
  • If you’ve been targeted by any scam, be sure to contact the Federal Trade Commission and use their “FTC Complaint Assistant” at FTC.gov. Please add “IRS Telephone Scam” to the comments of your complaint.
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Last fall, SERS began hosting an informational series that covered a variety of topics of interest to retirees.

We are continuing this series and hope to see you at our next meeting on Friday, March 18, 2016. The meeting will be held from 1:00 p.m. to 4:00 p.m., in the O’Keefe Center of SERS headquarters, 300 E. Broad St., 43215, in Columbus.   

Topics will include Social Security issues, fraud prevention, and basics about Medicare. Presentations will feature experts from Social Security, Ohio Senior Health Insurance Information Program (OSHIIP), and SERS.

We will end with a question and answer session. Refreshments will be served. Although the series is free of charge, space is limited, so be sure to register in advance.

Retiree Informational Series

Friday, March 18, 2016, 1:00 p.m. Register Now

 

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Monthly Administrative Expense Reports

The Monthly Administrative Expense Reports contain information about SERS' day-to-day operating expenses and is provided in both summary and detail formats.

Click here to view these administrative expense reports.

Oppose Social Security Offset and Windfall Penalties

We encourage SERS members and retirees to contact their members of Congress to ask them to support elimination of these provisions. Contacting your legislators is easy using SERS' Legislative Action Alert. By entering your ZIP code, you’ll have access to the contact information (e-mail address, phone number, and mailing address) of your federal legislators.

Encourage your legislator to support the Equal Treatment for Public Servants Act.

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