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

Deferred Retirement Option Program (DROP. E. Employees who choose to enter the DROP plan may sell back up to a maximum of 500 hours of accrued vacation leave hours before entering the program.

Appears in 2 contracts

Samples: Agreement, www.lris.com

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Deferred Retirement Option Program (DROP. E. A. Employees who choose to enter the DROP plan may sell back up to a maximum of 500 hours of accrued vacation leave hours before entering the program.

Appears in 1 contract

Samples: iaff2057.com

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Deferred Retirement Option Program (DROP. E. A. Employees who choose to enter the DROP plan may sell back up to a maximum of 500 hours of accrued vacation personal leave hours before entering the program.

Appears in 1 contract

Samples: www.lris.com

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