Deadlines for Deferred Retirement Option Plan (DROP) distributions are approaching. For DROP distribution requests of $300,000 or more, OP&F will need to have the form by Nov. 17. For DROP distributions less than $300,000, OP&F will need the form by Dec. 10. DROP Distribution Request Forms received after the cutoff dates may not be issued until after Jan. 1.
All Deferred Retirement Option Plan (DROP) distributions for 2020 will be issued by Dec. 17. No DROP distributions will be processed from Dec. 18-31. A DROP Distribution Request Form is required for these distributions. The form is available on the OP&F website forms page or by clicking here.