Possible changes in annuity amounts for some retirees
Some retirees will see a change in their annuity checks, especially if they made new benefit elections during Fall Enrollment. Even if you didn’t make changes or don't participate in Fall Enrollment, you might have a different net annuity amount beginning in January if any of the following applies to you:
- You pay a premium for your or a dependent’s coverage in HealthSelectSM Medicare Advantage. Premiums in that plan will increase Jan. 1.
- You are enrolled in the DeltaCare USA dental health maintenance organization. Premiums in that plan will return to 2022 levels on Jan. 1, after a slight decrease in 2023.
- You are enrolled in Optional Term Life Insurance and moved to a new age bracket before Jan. 1, because you had an age-based premium increase.
- Changes to federal income taxes change how much is withheld from your annuity each month.
To learn more, see the Plan Year 2024 premium rates for Medicare-eligible retirees or the "Know your tax facts" article in this issue.
Annuity payment dates
- Dec. 29, 2023
- Jan. 31, 2024
- Feb. 29, 2024
ERS deposits or mails your annuity payment on the last business day of the month.
Go to the ERS website and search “Manage Your Annuity Payments” for instructions on changing your tax withholding, personal information and more.
If you are a retiree from another system, such as the Teacher Retirement System (TRS), the Texas County & District Retirement System (TCDRS) or the Texas Municipal Retirement System (TMRS), contact that system for annuity payment dates.