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Changing Patterns of Retirement - The Deferred Retirement Option Plan DROP

Changing Patterns of Retirement - The Deferred Retirement Option Plan DROP Summary: Deferred Retirement Option Plans DROPs are one of the hot topics for the public sector's retirement.
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Description: Summary: Deferred Retirement Option Plans DROPs are one of the hot topics for the public sector's retirement. DROPs allow for the accumulation of large lump sums for participants who work beyond their normal retirement age. From the Record of the Society of Actuaries, Volume 27, No. 1, Session 42PD
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- Authors: Charles Chittenden, Robert Steven Dezube, John F Kalnberg, Robert A Sugarman
- Date: May 2001
- Competency: External Forces & Industry Knowledge
- Publication Name: Record of the Society of Actuaries
- Topics: Pensions & Retirement>Public sector plans

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