Winter 2020

Members who receive their CalPERS monthly allowance by direct deposit should be aware that:  this year December 31 falls on a Thursday.  This makes Friday, January 1, 2021 a holiday.  As a result, banks and credit unions will be closed and your direct deposit will not post in your account until Monday, January 4.  If you have auto-pay payments scheduled to pay on the first day of the month there may be insufficient funds until January 4.  This could cause an overdraft situation for you.

Al Darby
Vice President