Deferred Retirement Option Plan (DROP. Subject to mutual agreement of the parties the State agrees to investigate the feasibility of a “DROP” program. Should the parties agree to a “DROP” program, no costs shall be borne by the State.
Appears in 4 contracts
Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Labor Contract
Deferred Retirement Option Plan (DROP. Subject to mutual agreement of the parties parties, the State agrees to investigate the feasibility of a “Deferred Retirement Option Plan (DROP” program). Should the parties agree to a “DROP” program, no costs shall be borne by the State.
Appears in 3 contracts
Samples: Labor Contract, Collective Bargaining Agreement, Collective Bargaining Agreement