Board of Trustees Approves 13th Check for Basic Plan Retirees and Beneficiaries in Pay Status as of January 2025.

Recognizing the continuing impact of inflation, the Board of Trustees is pleased to announce the payment of a 13th check to eligible retirees and beneficiaries in the Basic Plan.

Retirees and beneficiaries who were in pay status and receiving a monthly benefit from the Basic Plan as of January 2025 will receive an additional payment equal to 50% of their regular monthly benefit, representing a 4.2% increase to the benefit for the year. This payment will be disbursed in the same form as the existing payment – check, electronic funds transfer or wire. Payments are expected to be issued by the end of January.

The additional payment is made possible due to the Basic Plan’s continued financial strength and strong investment returns for 2025, estimated at 11.8%. This additional payment is being made on a one-time, non-precedential basis and is based entirely on the Trustees’ judgment and discretion about the financial condition of the Basic Plan and the 2025 investment returns. There is no right (vested, accrued or otherwise) to any additional or similar payment in future months or years.

For more information, contact the Pension Department at pension@dgaplans.org or (323) 866-2200, Ext. 404.