For Retirees

How Do I…

Set Up Direct Deposit?

To authorize your financial institution (bank or credit union) to receive your annuity payments electronically, you’ll need to use the TMRS Direct Deposit Authorization Form (TMRS-80e). This form will allow us to safely transmit the funds to your chosen account.

Personal Data

Complete the top portion of the form:

  • Full name (first, middle, last)
  • SSN (must be legible and match the number on file)
  • Mailing address
  • Date of birth
  • Your daytime phone number
  • E-mail address

Financial Institution Data

Complete the middle portion with your checking or savings account information. Please note that TMRS can only deposit into a TMRS payee’s personal bank account (not to a different account holder and not to a business account.) To ensure accuracy, please provide a voided check for checking accounts on the middle section of the form.

  • Name of financial institution to which you want your monthly annuity deposited
  • Phone number of the institution
  • Routing number of the institution (the 9 digit number assigned to each institution )
  • Your account number
  • Individual Names(s) on Financial Account (You must be an account holder for the checking or savings account provided.)

Payee Authorization

  • Signature required — be sure to sign and date the form.
  • Send the form to TMRS either by mail or fax

Direct Deposit forms submitted to TMRS by the 15th of the month are typically updated for that month’s direct deposit payment. Otherwise, the direct deposit update may not be made until the following month.

Did You Know?
TMRS now requests all new retirees to use direct deposit, and the form is included as part of the retirement package. If you are not currently electronically depositing your annuity, you should consider doing so. It is by far the safest, most timely way to receive your funds.

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