Chapter 742-4 - Deferred Retirement Option Plans

State Regulations
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§ 742-4-01 - General DROP definitions
§ 742-4-02 - Implementation date of deferred retirement option plan
§ 742-4-03 - Effective date of DROP election
§ 742-4-04 - Rescission of DROP election
§ 742-4-05 - Purchase of service credit
§ 742-4-06 - Calculation of DROP benefit
§ 742-4-07 - Accrual of member's contributions
§ 742-4-08 - COLA effective dates for DROP participants
§ 742-4-09 - Calculation of interest
§ 742-4-10 - Maximum period for DROP participation
§ 742-4-11 - Termination of a member's active service in an police or fire department
§ 742-4-12 - Impact of family medical leave
§ 742-4-13 - Impact of military leave
§ 742-4-14 - Impact of irrevocable payroll deduction on DROP
§ 742-4-15 - Optional plan of payment
§ 742-4-16 - Selection of distributions
§ 742-4-17 - Retirement allowance
§ 742-4-18 - Default plan of DROP benefit
§ 742-4-19 - DROP benefits at death

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