DROP period definition
DROP period means the period of time that a member irrevocably elects to participate in the DROP pursuant to K.S.A. 74-4986n, and amendments thereto;
DROP period means the period of time that a member irrevocably elects to participate in the DROP pursuant to 19-9-1204.
DROP period means the period of time that a member irrevocably elects to participate in the DROP
Examples of DROP period in a sentence
At the end of the DROP period the maximum accumulated vacation eligible for compensation during the DROP period shall be 15 days.
The Board shall provide terminal pay to an employee at termination of the DROP period.
If option (2) is chosen (wait until end of DROP period), this dollar amount is not included in the FRS benefit calculation.
The DROP period is a minimum of 5 years and a maximum of 10 years.
Option 2: Receive a lump-sum payment at the end of the DROP period.
More Definitions of DROP period
DROP period means the period of time that a member
DROP period means the number of months between the actual retirement date under the DROP and the Member’s date of Withdrawal from Service.
DROP period means the period of time that a member irrevocably elects to participate in the DROP subject to the provisions of [section 4].
DROP period means the period during which a DROP member
DROP period means the identified time that the pre-employment student may withdraw from the Academy pre-employment program and be considered for a partial or full refund or tuition monies paid.
DROP period. ’ means the period of time that a member irrev- ocably elects to participate in the DROP pursuant to section 7, and amendments thereto;
DROP period means the number of years for which the member elects to participate in the DROP. The DROP period shall be in increments of full years. The DROP period shall commence on the first day of a calendar month and shall terminate on the last day of a calendar month.