To authorize your financial institution (bank or credit union) to receive your annuity payments electronically, you’ll need to use the TMRS Direct Deposit Authorization Form (TMRS-80e). This form will allow us to safely transmit the funds to your chosen account.
Complete the top portion of the form:
Complete the middle portion with your checking or savings account information. Please note that TMRS can only deposit into a TMRS payee’s personal bank account (not to a different account holder and not to a business account.) To ensure accuracy, please provide a voided check for checking accounts on the middle section of the form.
Direct Deposit forms submitted to TMRS by the 15th of the month are typically updated for that month’s direct deposit payment. Otherwise, the direct deposit update may not be made until the following month.