Deferred Retirement Option Plan (DROP)

  1. Law
  2. Montana Code Annotated
  3. Public Retirement Systems
  4. Police Retirement -- Statewide Plan
  5. Deferred Retirement Option Plan (DROP)

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Section
19-9-1201

Short title

Section
19-9-1202

Definitions

Section
19-9-1203

Deferred retirement option plan established -- compliance with federal law -- rulemaking

Section
19-9-1204

Eligibility -- participation criteria -- membership status -- service interruptions

Section
19-9-1205

Retirement system contributions -- benefit payments to individual DROP accounts -- investment returns

Section
19-9-1206

Survivorship benefits

Section
19-9-1207

Employment and benefits after DROP period

Section
19-9-1208

Distribution of DROP benefit