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Active Employees' Deferred Retirement Option Program (DROP)

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	Active Employees' Age Calculator Annual Statement Beneficiaries Benefit Contributions DROP Eligibility Estimate - Do Your Own Estimate - Request Forms Membership News Plan Type Portfolio Information Publications Questions Resources Retirement Planning Retirement Training School Employees Separating from Employment       with Fairfax County Training for       School Employees

Deferred Retirement Option Program (DROP)                                  -- A Retirement Plan that Benefits the Employee and the Employer DROP provides the ability for an employee to retire for purposes of the pension plan, while continuing to work and receive a salary for a period of up to three years. During the DROP period, the pension plan  accumulates the monthly benefit in an account balance identified as payable to the member only at the end of the DROP period.  The account balance is credited with 5% interest per year. The monthly benefit that is credited to the DROP participant's account balance is calculated using service and final compensation as of the date of entry in DROP, with increases equal to the annual retiree COLA. The employee does not earn service credit towards retirement during the DROP period. Understanding DROP DROP Fact Sheet (all plans)  Outline & Summary for Civilian Employees (ERS) Questions & Answers PowerPoint Presentation Calculate your Own DROP Estimate Navigate the Benefit Estimator Help Sheet How To Apply for DROP DROP Counseling Application Schedule Application Package Need More Information? DROP Video/DVD Contact the Retirement Agency  Members of all three Retirement Systems can calculate their own DROP Benefit Estimates, by logging into Web Member Services  by clicking on Member Area: Secure Log In.  This link is available under the Related Links tab in the left navigation bar on each page of the RAA website. Only members who are eligible for normal service retirement are eligible to participate in DROP. DROP was approved by the Board of Supervisors for retirement eligible members of the Police Officers and Uniformed Retirement Systems of Fairfax County October 1, 2003. DROP was approved for members of the Employees' Retirement System, effective July 1, 2005.