Pension Information

2023 Pension Payment Dates

Semi-monthly Only*All Pension Payments
January 13January 31
February 15February 28
March 15March 31
April 14April 28
May 15May 31
June 15June 30
July 14July 31
August 15August 31
September 15September 29
October 13October 31
November 15November 30
December 15December 29

*Effective July 1, 2011, only those who meet ALL three exemption requirements are eligible to receive semi-monthly payments:

  1. Gross semi-monthly payment is $400 or less ($800 per month) on January 1, 2011
  2. Attain 80 years old on January 1, 2011 (i.e. date of birth is before January 2, 1931)
  3. Began receiving semi-monthly payments by 12/31/2002

The following are changes that are allowed after retirement. Please submit the appropriate forms to ERS for processing.

ChangeForm to UseRemarks
Bank Account and/or Financial InstitutionERS 210 Direct Deposit AgreementConfirm that pension payment is deposited to new account before closing old account
Federal Income Tax Withholding2023 W-4P Pension Tax Withholding Form & FAQRefer to tax withholding tables for approximate federal income taxes to be withheld
Mailing AddressERS 211 Mailing Address ChangeTo ensure receipt of 1099-R tax statement, annual pension statement, Holomua newsletters, and ERS correspondence.

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