If you receive monthly benefits from PBGC through direct deposit, you may have noticed that your payment is deposited early when the first of the month falls on a weekend or federal holiday. January is the exception. For tax purposes, your January payment must not be distributed in 2020.
January 2021 payments made electronically will be deposited on Monday, January 4, 2021. Benefits payments made by check will be mailed on Tuesday, December 29, 2020.
Please allow up to seven business days to receive your check via mail.