The DFAS-CL Form 1059, officially named the Direct Deposit Authorization for Processing Federal Net Payments, plays a crucial role in ensuring the seamless electronic transfer of federal net payments to the correct bank accounts. This form is specifically designed to facilitate the processing of payments such as retiree benefits, among other federal disbursements, directly into the bank accounts of recipients. It requires detailed personal and banking information, including social security numbers, phone numbers, account type, and financial institution details, to accurately direct payments. The form emphasizes the importance of selecting the right account type (checking or savings) and including specific information such as the routing transit number, account number, and account title. Furthermore, the form includes an authorization section that must be signed and dated by the recipient to validate the direct deposit request. This process not only streamlines the payment method but also reduces the risk of payment delays or errors.
Who Needs This Form?
This authorization is required by military retirees, civilian federal employees, and annuity recipients who want to set up or update their direct deposit payment information with DFAS. It is particularly important when switching financial institutions or opening a new bank account, as updated routing and account details must be submitted promptly to prevent payment disruptions. Eligible recipients include those receiving military retirement pay, civil service retirement, and survivor benefit annuities.
Required Information
Completing the 1059 authorization correctly requires your Social Security Number, a valid phone number, the type of payment being authorized, account type preference (checking or savings), the bank routing transit number, your account number, and the full name of your financial institution. The form also includes checkboxes for special payment types such as community property allocations, child support, and alimony. A valid signature and date in YYYYMMDD format are required in the authorization section to finalize the request.
For related payment authorization forms, see the Standard Form SF-1199A Direct Deposit, the Direct Deposit Authorization (CalPERS), and the ACH Authorization Form.
| Question | Answer |
|---|---|
| Form Name | DFAS-CL Form 1059 |
| Form Length | 2 pages |
| Fillable? | No |
| Fillable fields | 0 |
| Avg. time to fill out | 30 sec |
| Other names | dfas cl 1059, dfas form direct, dfas direct deposit form 1059 pdf, dfas direct deposit authorization form |