The IPERS plan does not include a cost-of-living adjustment for most members. IPERS benefits are only one part of your overall retirement savings. Set aside personal savings throughout your career to help ensure you have a well-funded retirement.
For more information on IPERS benefits after retirement, click on the corresponding link topics in the sidebar on this page.
2025 Payment Schedule
IPERS distributes benefit payments on the last business day of each month (see the dates listed below).
| Month | Checks Mail | Direct Deposit |
|---|---|---|
| January | 29 | 31 |
| February | 26 | 28 |
| March | 27 | 31 |
| April | 28 | 30 |
| May | 28 | 30 |
| June | 26 | 30 |
| July | 29 | 31 |
| August | 27 | 29 |
| September | 26 | 30 |
| October | 29 | 31 |
| November | 24 | 26 |
| December | 29 | 31 |