Are you still receiving paper checks from the ASRS for Health Insurance Premium Benefits or Excess Benefits Arrangements? Did you know you can receive payments five to ten days faster -- and more securely -- by taking advantage of direct deposit?
Employers are strongly encouraged to begin this process now by completing the Employer/Vendor ACH Direct Deposit form, available in your Employer Secure Account on the Forms & Packets page. This process will allow you to receive the payment five to ten days faster each month.
Once completed and processed by the ASRS, the form will allow ASRS to send the monthly Premium Benefit subsidy and/or Excess Benefits payments electronically to the bank you designate. This is much more secure than mailing paper checks and doesn't put the payment at risk for getting lost.
Questions? Submit a secure message through your ASRS Employer Secure Account or, for immediate assistance, use the new Live Chat feature with your employer account. If you do not have employer account access, please email us at [email protected].
By Nichole Fuller, Employer Relations
Published 7.02.24
