Georgia Direct Deposit Form 1 - Free Download | Page 2
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EMPLOYEES’ RETIREMENT SYSTEM OF GEORGIA
TWO NORTHSIDE 75
ATLANTA, GA 30318-7778
(404) 350-6300 (Atlanta)
1-800-805-4609 (outside the Atlanta area)
The following information should be read and understood before signing and returning this form for Direct Deposit.
Please call the ERSGA ofce if you need further clarication.
EFFECTIVE STARTING DATE: If ERSGA receives your request by the 18th of the month, your Direct Deposit
starts on the last working day of the following month. Example: If your request is received on or before November
18th, Direct Deposit starts on the last working day of December. If the request is received after November 18th, Direct
Deposit starts on the last working day of January. Until then, your check will be sent to your mailing address.
FOR NEW RETIREES: A new retiree’s rst check is mailed. The rst month, ERSGA uses the voided check or
savings account information (requested on the front of this form) in a trial run - making sure that your check will be de-
posited into the correct account at the correct bank. Starting the second month after retirement, your check is directly
deposited into your bank. Your rst check is sent to your mailing address.
STATEMENTS: No monthly check stubs are issued. A statement is issued with the rst month of Direct Deposit
and whenever a change occurs in the amount of deposit.
DEPOSIT DATES: Checks are always deposited on the last work day of each month.
BANK OR ACCOUNT CHANGES: This deposit agreement continues until you notify ERSGA in writing to do
otherwise. If you change banks or accounts, you must complete and send in another Direct Deposit form with an
attached voided check. We must have this signed form for every account. Please remember that the ERSGA ofce
must have all changes by the 18th of the month for the change to take effect the following month. The rst payment
after ERS receives and enters your account/routing changes will be a paper check.
ADDRESS CHANGES: You must notify this ofce of any change in your home address. We are required to
keep all les current.
NOTICE
Joint Account Holders: Joint account holders must notify ERSGA immedi-
ately of the death of the recipient of this benet. Funds deposited after the
death of the recipient are not legal and must be returned to ERSGA. ERSGA
will then calculate and determine any survivor rights or benet payments.
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