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

Deferred Retirement Option Program (DROP. A. Employees enrolled in DROP will no longer earn FRS retirement credit even though he/she continues as an employee in a regular established position for the established drop period.

Appears in 7 contracts

Samples: Master Contract, Master Contract, Master Contract

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Deferred Retirement Option Program (DROP. A. Employees X. Xxxxxxxxx enrolled in DROP will no longer earn FRS retirement credit even though he/she continues as an employee in a regular established position for the established drop period.

Appears in 3 contracts

Samples: Master Contract, Master Contract, content.schoolinsites.com

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