With direct deposit, your retirement payment is automatically deposited into your designated bank account on the last business day of each month. Direct deposit is required.
Changing Bank Accounts
If you are changing to a new bank account, you must complete a new Automatic Deposit form. Please submit the signed form along with a voided check, imprinted with your name and account number. Merced County Employees' Retirement Association (MCERA) must receive your new completed form by the 20th of the month for the change to be effective the month-end following receipt. If your form is received later than the 20th of the month, the change may be effective for the following month-end payment.