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Bookmark or Share- LAPD Deferred Retirement Option Plan: What You Need to KnowThe Deferred Retirement Option Plan (DROP) for L.A.’s police and fire personnel can help increase retirement savings. Here’s what you should know.
- Deferred Retirement Option Plan (DROP): How It Works ... - InvestopediaA deferred retirement option plan (DROP) is a one-time payment awarded to a public sector employee who works beyond their regular retirement date.
- How Deferred Retirement Option Plans (DROPs) Work - SmartAssetDeferred retirement option plans are available to some public-sector employees covered by pensions. Here's what you need to know.
- table of contents - LAFPPenroll in DROP by appointment only . Fire or Police Members: Contact LAFPP’s DROP/Service Pensions Section by calling (213) 279-3100 . You will receive counseling services to help you select an entry date, as well as generate your Letter of Intent . Harbor or Airport Members: First make an appointment with your employing department’s Human
- DROP Information - OP&FIn October 2019, a minimum rate of 2.5 percent was approved by the OP&F Board of Trustees. The Deferred Retirement Option Plan (DROP) is an optional benefit that allows eligible police officers and firefighters to accumulate a lump–sum of money for retirement.
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