Form 02 1900R PDF Details

When it comes to managing retirement benefits, ensuring a smooth, secure, and timely transfer of funds is crucial for retirees. The Electronic Direct Deposit Authorization for Retirees form, also known as the 02 1900R form, is designed specifically for this purpose by the Division of Retirement and Benefits in Alaska. Aimed at simplifying the lives of retirees, this form plays a pivotal role in transitioning them from receiving traditional check-based payments to enjoying the benefits of electronic direct deposits. By completing this form, retirees can authorize the direct deposit of their monthly benefits into a designated banking account, whether it be a checking or a savings account. The convenience of electronic deposit not only offers peace of mind by reducing the risk of lost or stolen checks, but it also ensures that retirees have quicker access to their funds. Moreover, the form caters to various updates that retirees might need to make, such as starting a new authorization, changing an existing bank account, or canceling a current direct deposit arrangement. It underscores the importance of keeping a previous account open until the new direct deposit is fully operational, a measure that prevents any interruption in the receipt of benefits. The 02 1900R form also emphasizes the importance of retirees notifying the Division in case of early account closures to avoid delays. Clearly, through meticulous instructions and defined sections for personal and banking information, the form facilitates a smooth transition for retirees, making their post-retirement financial management hassle-free and more secure.

QuestionAnswer
Form NameForm 02 1900R
Form Length2 pages
Fillable?No
Fillable fields0
Avg. time to fill out30 sec
Other names02 1900r suntrust direct deposit form editable

Form Preview Example

 

Electronic Direct Deposit

FOR OFFICE USE ONLY

 

 

 

Authorization for Retirees

 

 

Division of Retirement and Beneits

Juneau: (907) 465-4460

 

Toll-Free: (800) 821-2251

P.O. BOX 110203

 

TDD: (907) 465-2805

 

alaska.gov/drb

JUNEAU, ALASKA 99811-0203

FAX: (907) 465-3363

 

BEFORE COMPLETING THIS FORM, PLEASE READ THE INSTRUCTIONS ON THE BACK. If you are making a change to a different bank account, do not close your old bank account until your new bank account is in effect. If you close your old bank account prior to your

new account being in effect, please notify the division in writing or the funds will be returned to the State of Alaska and cause a seven to ten day delay before you receive your retirement beneit in the mail. Please contact us if you have any questions about the effective date of this request.

Please note that any alteration or unauthorized addition to this form will invalidate the form.

 

SECTION 1 – TYPE OF CHANGE

 

 

 

Start New Authorization

Change Existing Authorization

Cancel Existing Authorization

 

 

 

 

 

 

SECTION 2 – MEMBER INFORMATION

 

 

 

New Address? Yes No

 

 

 

 

 

 

 

 

 

Name (First Name, Middle Initial, Last Name)

Social Security Number or Retirement ID Number

 

 

 

(

)

 

 

 

 

 

 

Mailing Address

 

Daytime Phone

 

 

 

 

 

 

 

 

City

 

State

Zip Code

Which beneits do you want affected with this change? PERS TRS

JRS

NGNMRS EPORS

 

SECTION 3 – BANK ACCOUNT INFORMATION

 

 

 

 

 

 

 

 

 

|

|

|

|

|

|

|

 

Routing Number

 

 

 

Checking Savings

If you have selected Checking, attach your voided check in the space to the right. If you do not wish to attach a voided check or if your checks are not personalized with your name and address, please have your

inancial institution complete

the box to the right. Do not

attach a deposit slip. If you

have selected Savings, please

have your inancial institution

complete the section in the box.

|

|

|

|

|

|

|

|

|

|

|

|

|

|

|

|

|

|

 

 

 

Account Number

 

 

 

 

 

 

 

 

 

 

 

Please attach your voided, pre-printed personalized check (no deposit slips) OR have your Financial Institution complete the information in this box.

Name of Financial Institution

Branch Phone Number

 

 

 

Address

 

 

 

 

 

City

State

Zip Code

I conirm the identity of the above-named payee and that the payee is an account holder on the account number indicated above. As a representative of the above-named inancial institution, I certify that the inancial institution agrees to receive and deposit the payment identiied above.

Signature of Representative

Print Representative’s Name

Date

SECTION 4 – APPLICANT CERTIFICATION

I certify I have read and understood the information on this form and on the accompanying instructions. I authorize the designated inancial institution to provide information to the State of Alaska, Division of Retirement and Beneits regarding address changes and account

information, to ensure proper and timely processing of deposit transactions. In signing this form, until further notice, I authorize the State

of Alaska to directly deposit my retirement beneits payments into the account I have designated above. I authorize the State of Alaska to

initiate, if necessary, debit entries and adjustments for any credit entries made in error to the designated account, including but not limited

to amounts transferred after my death. If the funds have been withdrawn following my date of death, I authorize my inancial institution to

release to the State of Alaska the name and address of the person(s) responsible for withdrawing the funds.

Signature of Payee

Date

02-1900R (Rev: 1/13)

G:/publications/forms/general/02-1900R.indd

Alaska Division of Retirement and Beneits

Electronic Direct Deposit Instructions

The State of Alaska, Division of Retirement and Beneits (DRB) is pleased to offer you the convenience of electronic deposit of your monthly retirement beneit. Please follow these instructions to complete your Direct Deposit Request. This offer to participate in electronic direct

deposit complies with AS 37.25.050 and 2 AAC 15.130. By submitting this form you are authorizing the DRB to transmit any retirement beneits due by electronic funds transfer to the designated account.

If at any time the amount of beneits deposited exceeds the amount of beneits actually due and payable to you, you hereby authorize DRB to either:

(1)Withhold a sum equal to the overpayment from future beneits; or

(2)Recover such overpayment from the above-designated account.

This authorization remains in full force and effect until we receive written notiication from you of its termination or when beneits are no longer payable.

INSTRUCTIONS

Section 1 – Check the appropriate box to indicate the type of authorization you are requesting.

Choose Start New Authorization if you are a new retiree or have not previously set up a direct deposit account for your monthly beneit.

Choose Change Existing Authorization if you would like to change the account number and/or inancial institution of an existing account. Do not close your old account until your irst payment is deposited into your newly designated account and/or inancial institution.

Choose Cancel Existing Authorization if you would like to cancel your current direct deposit and receive your check through the U.S. Mail.

Section 2 – Member Information

Please check whether or not the address you are writing on this document is new.

Print your First Name, Middle Initial, and Last Name, as well as your Social Security Number or Retirement Identiication Number (RIN).

Print your Mailing Address, City, State and Zip Code, as well as a Daytime Phone Number.

Multiple Retirement Beneits Information – Indicate which retirement beneit(s) you want affected by this change. If you are unsure how to complete this section, please contact the Retiree Payroll Section at the numbers listed at the top of the form.

Section 3 – Bank Account Information

Enter the Routing Number and the Account Number.

Indicate whether you wish to have funds deposited into either your checking or savings account. Select only one.

If you select Checking, attach a voided, pre-printed personalized check with your name and address in the space indicated. If you are not able to provide a voided, pre-printed personalized check you will need to bring the form to your inancial institution and have them complete the Financial Institution information in the box.

If you select Savings, you will need to bring the form to your inancial institution and have them complete the Financial Institution information in the box.

Note: Your inancial institution must be a member of the Automated Clearing House Association to accept a direct deposit from DRB. DRB cannot make direct deposits to a bank or inancial institution outside of the United States.

Section 4 – Applicant Certiication

Sign your legal name as the authorizing payee or authorized legal representative. Date the form with the current date. All requested

information must be completed and form must be signed to initiate an electronic deposit. Items left blank will delay processing the transfer of funds. Authorized legal representatives must have appropriate documentation on ile with DRB.

Submitting the form

You may fax the form to the fax number listed at the top of the form.

You may scan and then email the form to doa.drb.payroll@alaska.gov.

You may mail the form to the address listed at the top of the form, attention “Retiree Payroll Section.”

02-1900R (Rev: 1/13)

G:/publications/forms/general/02-1900R.indd