Yes and No.
Payment Amount. Your monthly pension payment amount will not change as a result of this merger.
Direct deposit. The MACRC Fund requires payments to be made by direct deposit. If you are receiving monthly payments by check, you will receive a direct deposit form from the MACRC Pension Fund later in May.
Tax withholding. The MACRC Fund will not be deducting state or county taxes from your pension benefit payment. Federal tax withholding will remain the same.