Jun 11, 2025 · Deferred retirement option plans (DROPs) are of benefit to both employees and employers. In exchange for continuing to work past your eligible retirement age, an employer …

Dec 4, 2024 · Learn all about deferred retirement option plans (DROPs), how they work, the pros and cons, and how to calculate your DROP benefits.

The Deferred Retirement Option Program (DROP) provides you with an alternative method for payment of your retirement benefits for a specified and limited period if you are an eligible …

Sep 3, 2025 · DROP provides the ability for an employee to retire for purposes of the pension plan, while continuing to work and receive a salary for a period of up to three years.

WHAT IS THE DROP? The Deferred Retirement Option Program (DROP) is a voluntary retirement program that is available only to FRS Pension Plan members who qualify for normal …

The Deferred Retirement Option Plan (DROP) is a plan in which, instead of terminating employment and receiving a retirement annuity, you can continue to work while accruing …

If your employer offers a DROP option, it allows you to enter retirement status using one of the Retirement Payment Options above and continue to work for a period not to exceed 36 months.

The DROP plan allows the employee to retire from the pension plan, cease participating as an active employee, but remain fully employed. During the years they are a DROP participant, the …

Aug 10, 2023 · DROP plans are retirement plans that allow employees to continue working while still receiving their regular pay. These retirement plans were created so that an employee …

Sep 18, 2025 · DROP is a funny-sounding acronym for deferred retirement option plan. A DROP is a feature within a defined benefit pension plan, most often seen in plans that cover police or …