As a retired member of PSERS, you have the benefit of knowing that your pension benefit is guaranteed by the Commonwealth of Pennsylvania. There is no need to worry about “how much money” remains in your account, because a regular PSERS retirement benefit is a defined benefit that is payable to you for life.
Retirement benefit payments are paid on a monthly basis, and mailed on or before the last business day of the month. Electronic transfers sent directly to your financial institution should be available by 9:00 AM on the last business day of the month.
