Common use of Deferred Retirement Option Program (DROP Clause in Contracts

Deferred Retirement Option Program (DROP. Notwithstanding any other provision of this Agreement (with specific reference to Article 12 and Article 14) and no earlier than September 1, 2001, the Association or the County agrees to meet and confer with the other party upon request regarding a cost-neutral Deferred Retirement Option Program (DROP) and to re- open those provisions of this Agreement which may be affected.

Appears in 8 contracts

Samples: Memorandum of Agreement, Memorandum of Agreement, Memorandum of Agreement

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Deferred Retirement Option Program (DROP. Notwithstanding any other provision of this Agreement (with specific reference to Article 12 and Article 14) and no earlier than September 1, 2001, the Association or the County agrees to meet and confer with the other party upon request regarding a cost-neutral Deferred Retirement Option Program (DROP) and to re- re-open those provisions of this Agreement which may be affected.

Appears in 3 contracts

Samples: Memorandum of Agreement, Memorandum of Agreement, Memorandum of Agreement

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