Important Information for January 1st Payments

Your annuity payment will change as of January 1st to reflect the annual cost-of-living adjustment, changes in your health benefits premium, and updated tax rates for 2014.  You should receive a January 1st advice in the mail that reflects your gross annuity, deductions, and net payment amount for 2014.  Keep this advice in your records for future reference.

Please also note that January 1st is a holiday.  If you participate in direct deposit, check with your bank regarding the availability of your funds for the January 1st payment.   
 

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