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.

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 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 …

Summary – The Deferred Retirement Option Program (DROP) is a means of providing employees who choose to work beyond their normal retirement dates the flexibility to elect to receive …

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 …

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 …

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 …

DROPs allow employees who are eligible to retire from a defined benefit plan to instead continue working and elect to participate in the DROP. During DROP participation, employees do not …

Here are 10 FAQs about the Deferred Retirement Option Program (DROP), which cover pension payment options, decisions you’ll need to make when taking your DROP money, how the …