Retirees, annuitants start direct deposits

A treasury mandate will soon require Defense Finance & Accounting Service, Cleveland to pay retirees and annuitants by electronic funds transfer. Beginning March 1, 2013, most retirees and annuitants will be required to receive their pay directly to their saving or checking accounts. 

Your local retirement services officer has the forms available. For retirees and annuitants living in Europe, there are a couple of ways to start direct deposit:

• For retirees and annuitants who have an American bank account and want to use that — complete a Fast Start Direct Deposit Form, sign it and mail it to DFAS. Ensure to keep a copy for your records. 

• Use your MyPay account to set up a direct deposit to your American bank/credit union saving or checking account.

• Call DFAS at the Customer Care Center at 888-332-7411 and have the information available to do it telephonically (American banks only).

• For people who wish to use an international bank — use the international direct deposit form and make sure to include the IBAN number in place of the account number on the form and mail to DFAS or provide to your local RSO for processing.  

Retiree account mailing address:
Defense Finance and Accounting Services
U.S. Military Retirement Pay
P.O. Box 7130
London, KY 40742-7130
Fax: 1-800-469-6559

Annuitant account mailing address: 
Defense Finance and Accounting Services
U.S. Military Annuitant Pay
P.O. Box 7131, London
KY 40742-7131
Fax — 1-800-982-8459

Remember, the 1-800 fax number is not toll free from Europe.

(Courtesy of KMC Retiree Activities Office)