Your Retirement Allowance

Overview

As a retiree of Alameda County or other ACERA participating employer, you earned a lifetime pension allowance, also known as a retirement allowance or pension benefit. If you’re a survivor of an ACERA member you may be receiving a continuance (continuing monthly payment) based on the retirement option the member selected.

Retirement Allowance Payable Date

Last Business Day of Each Month

2023 Retirement Allowance Payable Dates

  • January 31
  • February 28
  • March 31
  • April 28
  • May 31
  • June 30
  • July 31
  • August 31
  • September 29
  • October 31
  • November 30
  • December 29

Payments are Made By Direct Deposit

ACERA requires that payments be made via direct deposit. You will receive a monthly electronic file transfer (EFT) statement each month with your pension allowance either in the mail or electronically in your online account. You can opt in or out of receiving paper statements in your online account.

To change your direct deposit bank use the Direct Deposit Form. State law prevents ACERA from depositing your pension allowance into a trust account.