Deferred Retirement Option Program (DROP)
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This page provides a table to help you determine DROP start and end dates for five-year terms.
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This page provides an EXCEL spreadsheet to help you estimate your DROP benefits (for IBM-compatible PCs, Windows 95 or later).
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Booklets & Brochures
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- DROP Brochure - Pamphlet that describes the FRS program known as the Deferred Retirement Option Program. It discusses potential advantages and disadvantages of participating in this program, explains program eligibility and participation requirements, answers commonly asked questions, and provides examples. It is recommended for FRS Pension Plan members nearing retirement age.
- Preparing to Terminate DROP - Pamphlet that explains what to expect when you terminate DROP (the forms to submit, when you will begin receiving monthly benefits, etc.). It also includes a special notice providing tax information affecting DROP payouts to help you decide how to receive your DROP benefits.
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Informational Material
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- Frequently Asked DROP Questions - Document that provides answers to questions frequently asked by participants of the FRS Deferred Retirement Option Program.
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DROP Rollovers to FRS Investment Plan
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- If you are a former or current DROP participant, you can elect to roll your DROP accumulation into the FRS Investment Plan as one of your investment alternatives. If you have questions about this option available under the FRS Investment Plan, you can call the toll-free help line at 866/446-9377, option 1, or, visit the MyFRS Web site.
- Investment Plan DROP rollover forms IPDROP-AD-1 and IPDROP-RO-1 are available on the Forms page of this Web site .
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E-mail your DROP comments or questions to us. Please include your name, mailing address, e-mail address, phone number, and the last four digits of your social security number if you require an answer from us.
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