The Deferred Retirement Option Program (DROP) allows an employee to retire under the Florida Retirement System (FRS) Pension Plan and begin accumulating retirement benefits, without terminating employment for up to 60 months. The earliest you may begin participation in DROP is the month that you reach normal retirement age or the month after which you reach your normal retirement date, based upon years of service. Application should be made through the Office of Retirement at the Education Services Facility no less than 6 months prior to reaching normal retirement date or DROP deferral date.
Instructional personnel may be eligible to extend DROP participation beyond 60 months. The retirement office will notify you and send you the necessary paperwork to extend DROP.
What Retirement Option Should You Choose?
FRS DROP Brochure