Retirees may have their pension payments directly deposited into their bank account through Electronic Direct Deposit (EDD). With EDD, retirees’ funds are electronically transferred to their financial institution on the last business day of the month. Three times per year (January, July, and December), NHRS sends retirees a "non-negotiable advice of deposit" in the mail, which details their gross pension, any deductions, and net deposit. Retirees may access monthly advices dating back to January 1, 1999, via My Account, the online portal where users
can access their personal account information from any computer.
To apply for EDD, retirees must file with NHRS an "Electronic Direct Deposit (EDD)" form.
Note: EDD is not yet available for banks outside of the United States.