Deferred Retirement Option Plan (DROP) | Midpage

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Montana Code Annotated

Part 12

Deferred Retirement Option Plan (DROP)

19-9-1201Short title 19-9-1202Definitions 19-9-1203Deferred retirement option plan established -- compliance with federal law -- rulemaking 19-9-1204Eligibility -- participation criteria -- membership status -- service interruptions 19-9-1205Retirement system contributions -- benefit payments to individual DROP accounts -- investment returns 19-9-1206Survivorship benefits 19-9-1207Employment and benefits after DROP period 19-9-1208Distribution of DROP benefit