Deferred Retirement Option Program-DROP

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 96 months.  The earliest you may begin participating in DROP is the month that you reach normal retirement age or the month after you reach your normal retirement date, based upon years of service. 

You may contact the FRS at 844-377-1888 to obtain your eligibility date. Please contact the retirement office approximately 6 months prior to your intended DROP Start Date to complete your paperwork.

Instructional personnel may be eligible to extend DROP participation beyond the initial timeframe. Please contact the retirement office to discuss extensions. Note: DROP extension eligibility may differ based upon date of hire and DROP Start Date

It is important that you contact the Division of Retirement and request a DROP estimate when you are within two years of your eligibility to participate. You may request a DROP estimate by calling 1-844-377-1888. 

To run your own estimate, click the following link: FRS Online.

Note: the DROP Program is available to Pension Plan Members only.  Employees in the Investment Plan are not eligible to participate in DROP.  Contact the Division of Retirement if you are interesting in switching to the Pension Plan at: 1-866-446-9377.

Helpful Links:

Link to:  What Benefit Option Should You Choose?

Link to: FRS DROP GUIDE