February Pension Payments

News

The February 2025 direct deposit for pension payments will be made on February 3, 2025, the first business day of the month. CTPF pension payments are made in advance at the beginning of each month. On months when a payment date falls on a holiday or weekend, payments are made on the first business day of the month.

CTPF publishes a complete calendar of direct deposit and pension payments on its website. Find that information on the Pension Payments page.

DOUBLE PAYMENTS/TAX ISSUES
The pension payment calendar for the year is published in advance for the entire year to help members understand when to expect their checks and to help them plan for the cash needs. CTPF cannot make payments on the last business day in advance of a new month because the practice may cause tax issues for members.