The Retiree section of the website provides resources to help keep you informed on recent events and happenings, notices, articles of interest, and more.
For detailed information on your retirement benefit, see the Benefits Administration Operating Procedures.
2020 Monthly Benefit Payment Schedule
If you are looking for when your next monthly pension benefit will be mailed or deposited into your account, please follow this link.
Keep your address up-to-date
Please keep your address with COAERS current. We will need an original signed Change of Address form found on the Forms link on this page in order to make sure any correspondence, newsletters, election notices, 1099-R’s, and your annual statement, as well as your annuity check (if receiving by mail) is sent to the correct address.
Sign up for Direct Deposit
COAERS recommends that you sign up for Direct Deposit when you retire so your checks will be electronically deposited to your account in your financial institution without having to wait for the mail. Over 98% of COAERS annuitants receive their benefit payment through Direct Deposit. Application forms are available from our office or you can print them directly from the Forms link on this page. If your account is ever changed or close, please notify COAERS and update your direct deposit form.
Retiree Insurance Questions
City of Austin Human Resources (HR) currently provides basic medical, dental and vision coverage to City of Austin retirees and dependents. If you sign up for these benefits at retirement, your share of the premiums are deducted from your monthly benefit payment and sent to the City for you. You can reach City HR at (512) 974-3284. Their office is located in One Texas Center, 505 Barton Springs Road, Suite 600, Austin, TX 78704.
Click here for a link to the 2018 retiree insurance rates.
Cost of Living Adjustments
Follow this link for information on cost of living adjustments.
Follow this link for a comprehensive guide to your COAERS benefit.