Direct Deposit Authorization Form
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4Plumbers & Pipefitters National Pension Fund
F
#61
ORM
103 Oronoco Street, Alexandria, Virginia 22314-2047
(Rev. 04/15)
Why use Direct Deposit for
Payment of Your Benefit Check
The National Pension Fund is pleased to offer Direct Deposit to our pensioners and
beneficiaries. This service provides that your benefit payment will be deposited directly into
your bank account. This is a service similar to the one provided by the Social Security
Administration for its benefit payments.
Consider the safety and convenience of Direct Deposit, and the Advantages it offers to you.
ELIMINATES POSTAL DELAYS AND LOST OR STOLEN CHECKS
Lost or stolen mail can cause delays in receiving your benefit payment, identification theft,
and forgery of your benefit payment. Lost or stolen mail can result in delays of up to 60
days or more before a replacement check can be issued.
YOUR MONEY IS IMMEDIATELY AVAILABLE
Funds directly deposited into your account are immediately available on the payment date.
Most banks provide a toll-free number, which you can call to confirm receipt of the funds
made by direct deposit. Whereas with a paper check, there may be mailing delays and
funds may not be available to you for several days after you deposit the check into your
account.
In addition, there is no need to worry about your deposit if you are sick, on vacation or if
inclement weather occurs. Your payments are always automatically available to you when
you need them, especially when you are traveling.
FLEXIBLE DIRECT DEPOSIT ARRANGEMENTS
Funds can be deposited into either your checking or savings account, as you choose. As
your situation requires, you may cancel a direct deposit arrangement at any time by
sending us a written notice, or you may change the bank or the account to which payments
are deposited by completing a new Direct Deposit Authorization form.
ELIMINATES THE NEED FOR YOU TO:
Personally endorse your check.
Visit your bank to deposit or cash your check. No waiting in teller lines.
Make special check deposit arrangements when you are away from home.
Over 48,000 of your fellow Pensioners and Beneficiaries already enjoy the safety and
convenience of Direct Deposit. That’s over 98%! Join them and sign up for Direct Deposit
today! Separate, Complete, and Return the attached form to:
Plumbers & Pipefitters National Pension Fund
Attention: Accounting Group
103 Oronoco Street
Alexandria, VA 22314-2047
Fax Number: 703-519-4487
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