PENNSYLVANIA MUNICIPAL RETIREMENT SYSTEM - Deferred Retirement Option Plan (DROP)

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Deferred Retirement Option Plan (DROP)

If your employer offers a DROP option, it allows you to enter retirement status using one of the Retirement Payment Options above and continue to work for a period not to exceed 36 months. During the DROP period, the member’s monthly benefit payments will be deposited to an interest-bearing DROP account and will be paid in a lump-sum upon termination from employment. Participation in the DROP is subject to the terms of the Pennsylvania Municipal Retirement Board DROP Policy Statement.

If your employer allows you to participate in the DROP option, you will need to complete one of the following:

Completed forms can be sent to Ra-rscompletedforms@pa.gov.

Pennsylvania’s local governments' pension administrator of choice.

JOSH SHAPIRO, GOVERNOR
TIMOTHY A. REESE, CHIEF EXECUTIVE OFFICER/CHIEF INVESTMENT OFFICER
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