Common use of DROP/Retirement Clause in Contracts

DROP/Retirement. Once enrolled in DROP, bargaining unit member’s annual/holiday leave cap will be adjusted to one hundred and sixty-eight (168) hours if the bargaining unit member elected to receive a payout of annual/holiday leave at the time of enrolling in DROP. At the time of separation, the annual/holiday leave payout will be in accordance with the Sheriff’s Policy Manual (SPM) 4.3.15. Those bargaining unit members who are within two (2) years of retirement/participation in the DROP may carry over the above annual/holiday leave four hundred (400) hour cap but may not exceed five hundred (500) hours of annual/ holiday leave. Those bargaining unit members who are within one (1) year of retirement/participation in DROP may carry over the above 500 hour cap, but may not exceed a payout of 580 hours. A bargaining unit member must sign an irrevocable request at the time of his/her decision. Once enrolled in DROP, bargaining unit members have the option of accruing or receiving payment for holidays. All other DROP procedures will be in accordance with the Sheriff’s Policy Manual (SPM 4.3.15).

DROP/Retirement. Once enrolled in DROP, bargaining unit member’s annual/holiday leave cap will be adjusted to one hundred and sixty-eight (168) hours if the bargaining unit member elected to receive a payout of annual/holiday leave at the time of enrolling in DROP. At the time of separation, the annual/holiday leave payout will be in accordance with the Sheriff’s Policy Manual (SPM) 4.3.15. Those bargaining unit members who are within two (2) years of retirement/participation participating in the DROP may carry over the above annual/holiday leave four hundred (400) 320 hour cap but may not exceed five hundred (500) 500 hours of annual/ annual/holiday leave. Those bargaining unit members who are within one (1) year of retirement/participation participating in the DROP may carry over the above 500 hour cap, but may not exceed a payout of 580 hours. A bargaining unit member must sign an irrevocable request request, at the time of his/her decision. Once enrolled in DROP, bargaining unit members have the option of accruing or receiving payment for holidays. All other DROP procedures will be in accordance with the Sheriff’s Policy Manual (SPM 4.3.15).

DROP/Retirement. Once enrolled in DROP, bargaining unit member’s annual/holiday leave cap will be adjusted to one hundred and sixty-eight (168) hours if the bargaining unit member elected to receive a payout of annual/holiday leave at the time of enrolling in DROP. At the time of separation, the annual/holiday leave payout will be in accordance with the Sheriff’s Policy Manual (SPM) 4.3.15. Those bargaining unit members who are within two (2) years of retirement/participation participating in the DROP may carry over the above annual/holiday leave four hundred (400) 320 hour cap but may not exceed five hundred (500) 500 hours of annual/ annual/holiday leave. A bargaining unit member must sign an irrevocable request, at the time of his/her decision. Those bargaining unit members who are within one (1) year of retirement/participation participating in the DROP may carry over the above 500 hour cap, cap but may not exceed a payout of 580 hours. A bargaining unit member must sign an irrevocable request at the time of his/her decision. Once enrolled in DROP, bargaining unit members have the option of accruing or receiving payment for holidays. All other DROP procedures will be in accordance with the Sheriff’s Policy Manual (SPM 4.3.15).

DROP/Retirement. Once enrolled in DROP, bargaining unit member’s annual/holiday leave cap will be adjusted to one hundred and sixty-sixty eight (168) hours if the bargaining unit member elected to receive a payout of annual/holiday leave at the time of enrolling in DROP. At the time of separation, the annual/holiday leave payout will be in accordance with the Sheriff’s Policy Manual (SPM) 4.3.15. Those bargaining unit members who are within two (2) years of retirement/participation participating in the DROP may carry over the above annual/holiday leave four hundred (400) 320 hour cap but may not exceed five hundred (500) 500 hours of annual/ annual/holiday leave. Those bargaining unit members who are within one (1) year of retirement/participation participating in the DROP may carry over the above 500 hour cap, but may not exceed a payout of 580 hours. A bargaining unit member must sign an irrevocable request request, at the time of his/her decision. Once enrolled in DROP, bargaining unit members have the option of accruing or receiving payment for holidays. All other DROP procedures will be in accordance with the Sheriff’s Policy Manual (SPM 4.3.15).