DROP Resources

Informational Material

DROP Retirement Quick Clip – Video: Reviews the eligibility and application process for members planning to participate in DROP.

Benefit Payment Options Quick Clip – Video: Explains the differences between the four benefit payment options available.

DROP Termination Process Quick Clip – Video: Explains the termination process and when a member can begin to receive his or her monthly benefits.

Preparing to Terminate DROP – Pamphlet: Explains what to expect when you terminate DROP (the forms to submit, when you will begin receiving monthly benefits, etc.). It also includes a special notice providing tax information to help you decide how to receive your DROP benefits.

FAQs DROP – Document:  It provides answers to questions frequently asked by participants.

DROP Special Tax Notice – Document: It provides information about eligible rollover plans, payment options, tax consequences and more.

If you would like to set up an initial appointment to discuss your options or you need more information, please call 954-909-4049 or e-mail DROP Advisory Council.