02.04.2013 Views

DROP - OPERS

DROP - OPERS

DROP - OPERS

SHOW MORE
SHOW LESS

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

#5 - City Plan<br />

– Forward <strong>DROP</strong><br />

Sample <strong>DROP</strong> Plans<br />

– Age 55 with 10 years of service or 70 points required for<br />

eligibility<br />

– <strong>DROP</strong> period - maximum 3 years<br />

– Interest based on member investment choices (self-directed)<br />

– 100% of accrued pension credited to <strong>DROP</strong> account<br />

– Lump sum or annuity options<br />

34

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!