Extension of Deferred Retirement Option Program (Drop) for Specified Law Enforcement Officers - Florida

Extension of Deferred Retirement Option Program (Drop) for Specified Law Enforcement Officers - Florida

Extension of Law Enforcement Officers is a legal document that was released by the Florida Department of Management Services - Florida Retirement System - a government authority operating within Florida.

FAQ

Q: What is the Deferred Retirement Option Program (DROP) in Florida?A: The Deferred Retirement Option Program (DROP) in Florida is a retirement program that allows certain members of the state law enforcement community to continue working while earning retirement benefits.

Q: Who is eligible for the DROP program in Florida?A: Only specified law enforcement officers in Florida are eligible for the DROP program.

Q: How does the DROP program work?A: Under the DROP program, eligible law enforcement officers can agree to retire within a specified timeframe while continuing to work. During this period, their retirement benefits are deposited into a designated account and earn interest.

Q: Is the DROP program available to all law enforcement officers in Florida?A: No, the DROP program in Florida is only available to specified law enforcement officers as determined by the state.

Q: Is the DROP program in Florida being extended?A: Yes, the Extension of Deferred Retirement Option Program (DROP) for specified law enforcement officers in Florida allows for an extension of the program.

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Form Details:

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Download a fillable version of the form by clicking the link below or browse more documents and templates provided by the Florida Department of Management Services - Florida Retirement System.

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