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May different types of monthly benefit payments be deposited in different accounts?

Yes, by filing a separate EFT Authorization Form (code BK58) or EFT Election at Retirement Form (code BK66) , as applicable, for each account.

Please note that you cannot submit an EFT Authorization Form or EFT Election at Retirement Form in order to receive a QPP or TDA loan via EFT. QPP and TDA loans can be distributed electronically only if you are already receiving your paychecks through direct deposit or retirement allowance payments through EFT.