SMP FAQ - When will I receive my first annuity check?

June 28, 2016 - 10:39
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Question: 

When will I receive my first annuity check?

Category: 
Distribution Options/Health Insurance
Answer: 

This can vary considerably but on average you can expect your claim to be finalized within two to three months.  There are several factors that may impact your claim:

  1. Application errors.
  2. The length of time it takes your employer to complete a termination report and send their final payroll to SURS.
  3. Payroll reconciliation at SURS.
  4. Transferring of funds between SMP Providers.
  5. Reciprocal claims may take longer to process.
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