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DROP - OPERS

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Alternatives Upon Actual Retirement<br />

• Lump sum distribution of <strong>DROP</strong> account<br />

balance, and pay the appropriate taxes.<br />

• Roll over account balance to an eligible plan<br />

or IRA.<br />

• Convert account balance to a monthly benefit<br />

to enhance the regular pension.<br />

• Leave the account balance in the retirement<br />

system and draw down a portion in periodic<br />

payments.<br />

12

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