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Authorization for Direct Deposit - LASERS

Authorization for Direct Box 44213, Baton Rouge, LA 70804-4213 Toll-Free Fax 4-05 R082020 RetireeBeneficiary/Survivor/Alternate PayeeMember's First NameMiddle Name Last Name Today's DateI hereby authorize the Louisiana State Employees' Retirement System ( LASERS ) to Direct the net amount of my monthly benefit payment to my account at the financial institution designated above. This Authorization is not an assignment of my right to receive payment and revokes all prior payment direction notifications applicable to these payments. Upon my death, if payments have been deposited to my account that are not due, or if funds are credited to my account in error for any reason, I authorize: 1) LASERS to initiate electronic funds transfer debit transactions to retrieve those payments; and 2) The financial institution (bank or credit union) to release to LASERS the statu

State Employees' Retirement System (LASERS). Your payment will be deposited to the designated account on this Authorization within 30 days of your benefit account being finalized if a new retiree or 30 days from receipt of form for existing retirees. Deposits will be made by way of electronic funds transfer (EFT) from LASERS account to your ...

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