PBGC payment dates

Direct deposits

Direct deposit is a simple, fast, and secure way to receive payments, and it's free. These payments can be deposited directly into a bank account, savings and loan, credit union, or on a pre-paid debit card. Direct deposit payments are normally posted to accounts no later than the first business day of each month, but the actual date when you will receive your payment will depend on your financial institution. If the first of the month falls on a weekend or holiday, direct deposit payments will usually post before the first of the month. Direct deposit is available only if your account is with a U.S. financial institution. Apply for or update direct deposit.

Paper checks

PBGC mails paper checks before the first of each month. However, PBGC cannot guarantee delivery on the first of the month. Normal mail delays, delays due to inclement weather or other uncontrollable events may result in checks being delivered later. If you have a bank account, we encourage you to choose direct deposit. It’s fast, free and a secure way to receive payments. For more information visit the Apply for or update direct deposit web page.

January payments

If you receive monthly benefits from PBGC through direct deposit, we will deposit your benefit payment on the first business day in January.

Payments made by check will be mailed at the end of December. Due to the holidays, please allow extra time for mail delivery.

For your convenience, here are the printer-friendly PDFs:

• 2025 direct deposit payment dates
• 2025 check payment dates
• 2026 direct deposit payment dates
• 2026 check payment dates