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PBGC Payment Dates

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PBGC Payment Dates
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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 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 direct deposit web page.

The table below shows payment dates through January 2021 when direct deposit payments will be delivered and when paper checks, dated the first of the month, will be mailed. Direct deposit payments are usually available sooner than paper checks.

Payment Month Direct Deposit Payment Date Check Mail Date
January 2020 January 2, 2020 December 27, 2019
February 2020 January 31, 2020 January 29, 2020
March 2020 February 28, 2020 February 26, 2020
April 2020 April 1, 2020 March 27, 2020
May 2020 May 1, 2020 April 28, 2020
June 2020 June 1, 2020 May 27, 2020
July 2020 July 1, 2020 June 26, 2020
August 2020 July 31, 2020 July 29, 2020
 September 2020 September 1, 2020 August 27, 2020
October 2020 October 1, 2020 September 28, 2020
November 2020 October 30, 2020 October 28, 2020
December 2020 December 1, 2020 November 25, 2020
January 2021 January 4, 2021 December 29, 2020
February 2021 February 1, 2021 January 27, 2021
March 2021 March 1, 2021 February 24, 2021
April 2021 April 1, 2021 March 29, 2021
May 2021 April 30, 2021 April 28, 2021
June 2021 June 1, 2021 May 26, 2021
July 2021 July 1, 2021 June 28, 2021
August 2021 July 30, 2021 July 28, 2021
 September 2021 September 1, 2021 August 27, 2021
October 2021 October 1, 2021 September 28, 2021
November 2021 November 1, 2021 October 27, 2021
December 2021 December 1, 2021 November 26, 2021
January 2022 January 4, 2022 December 29, 2021

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Last updated May 19, 2021