LAGERS BLOGGERS

How to receive your benefit as a direct deposit

As a LAGERS member guaranteed to receive a benefit, you have the choice of receiving your monthly payment either by check or direct deposit. By default, paper checks are mailed on the last mailing day of the month.

If you would like LAGERS to transfer your monthly benefit payment electronically to your financial institution rather than receiving a paper check in the mail, download the Direct Deposit Form from molagers.org.

After downloading, complete and sign Section A of the Direct Deposit Form. Section A must be completed and signed by the benefit recipient or authorized agent under a power of attorney, conservatorship, or guardianship. If an agent under a power of attorney completes and signs the form, a certified copy of the power of attorney must be attached. If a court appointed conservator or guardian completes and signs the form, a certified copy of the court order of conservatorship or guardianship must be attached.

Then, attach a “voided” check or deposit slip from your account to the completed Direct Deposit Form. This is used to verify the account and financial institution routing numbers. If checks or deposit slips are not used for the account, a statement to that effect may be attached to the form in lieu of the “voided” check or deposit slip.

Take your completed form and voided check to your financial institution to sign Section B.

If you are in the process of retiring, please return the form, along with your other documents, to the benefits team member whose contact information was included with your retirement packet. If you are already receiving a benefit, you can mail your Direct Deposit Form to LAGERS at MOLAGERS, P.O. Box 1665, Jefferson City, MO 65102 or fax it to 573-636-9671.

Digital copies may be emailed to [email protected]

Please note that an incomplete or altered direct deposit authorization form will not be accepted.

Below is the 2025 direct deposit schedule:

  • Thursday, Jan. 2
  • Monday, Feb. 3
  • Monday, March 3
  • Tuesday, April 1
  • Thursday, May 1
  • Monday, June 2
  • Tuesday, July 1
  • Friday, Aug. 1
  • Tuesday, Sept. 2
  • Wednesday, Oct. 1
  • Monday, Nov. 3
  • Monday, Dec. 1