Form CO-1068 is the Connecticut retirement direct deposit authorization that tells the Office of the State Comptroller where to send your monthly State Employees Retirement System (SERS) pension payment. The form itself is short: you provide your identifying information, your bank’s routing and account numbers, and your signature, then mail or fax it to the Comptroller’s office in Hartford. You can download the fillable PDF from the Comptroller’s website.
What the Form Asks For
CO-1068 is a single page with a small number of fields. Fill in each of the following:
- Your Retiree/Annuitant Number, which the Retirement Services Division assigns once your retirement application is processed. If you don’t have it yet, you can identify your account using the last four digits of your Social Security number instead.
- Your first and last name.
- The Type of Action. Choose “New” if you are enrolling in direct deposit for the first time.
- Section I: your bank’s routing number and your account number. Skip Section II.
- Your signature and the date, along with a phone number and email address where the office can reach you.
That is the whole form. It does not ask for your date of birth, hire date, agency, benefit option, or beneficiary information. Those details belong on the retirement application and its supporting paperwork, not on the direct deposit form.
Where to Send It
Mail or fax the signed form to the address printed at the top of the PDF:
State of Connecticut
Office of the Comptroller
Statewide Payroll & Time Management Division
165 Capitol Avenue
Hartford, CT 06106-1659
Fax: 860-702-3489
If you send CO-1068 before your retirement has been fully processed, the Comptroller’s office will hold it until your Retiree/Annuitant Number is active, then apply it to your account. You don’t need to wait for a particular milestone to submit it.
When Your First Deposit Will Arrive
SERS pension payments are issued on the last business day of each month. For 2026, the first deposit date is January 30 and the last is December 31.1Connecticut Office of the State Comptroller. Retiree Pay Schedule Once direct deposit is active on your account, each monthly payment lands in the bank account listed on your CO-1068 on that date. The Comptroller’s office strongly encourages all retirees to use direct deposit rather than receive paper checks.
CO-1068 Is Not the Retirement Application
Filling out CO-1068 by itself will not start your pension. The form that actually triggers your retirement benefits is CO-898, the Application for SERS Retirement Benefits.2Connecticut Office of the State Comptroller. Forms CO-898 is where you provide your employment history, select a benefit payment option, and name your beneficiaries. CO-1068 is one of several items that travel with it.
The full retirement packet typically includes:
- CO-898 itself.
- Certified copies of birth certificates for you and any contingent annuitant or qualifying dependent you name.3Connecticut State Colleges and Universities. CO-1068 Connecticut Retirement Form
- A copy of your marriage certificate if you are covering a spouse.
- Federal and state tax withholding forms. For 2026, IRS Form W-4P governs federal income tax withholding on periodic pension payments, and the updated version includes a checkbox allowing you to elect no federal withholding.4Internal Revenue Service. Federal Income Tax Withholding Methods
- CO-1068, the direct deposit form.
Your retirement date is always the first day of the month you choose. Start the process by contacting your agency’s Human Resources department or retirement coordinator, who will help you complete the packet and forward it to the Retirement Services Division in Hartford. The Comptroller’s office recommends initiating the process at least two months before your intended retirement date.5Connecticut Office of the State Comptroller. How to Apply for Retirement Benefits
Changing Your Bank Account Later
If you need to update your direct deposit information after you’ve retired, use the same CO-1068 form. Fill in your Retiree/Annuitant Number (now active), your name, your new bank’s routing and account numbers in Section I, and your signature. Mail or fax it to the Statewide Payroll & Time Management Division at the address above. Keep your old account open until you see the first payment land in the new one, so a payment in transit is not misdirected.
A Few Practical Points
Double-check the routing and account numbers against a check or a statement from your bank before you sign. A single digit off will bounce the payment, and the Comptroller’s office will have to track down the error before your pension can be redirected. Routing numbers on deposit slips are not always the same as the ones used for electronic transfers, so if you’re unsure, call your bank and ask for the ACH routing number for direct deposits.
Keep a copy of the completed form for your records, along with proof of mailing or the fax confirmation. If several weeks go by and you haven’t received confirmation that your account is set up for direct deposit, call the Retirement Services Division to confirm the form was received and processed.