Cincinnati Retirement System

 

Deferred Retirement Option Plan (DROP)

If you are an active member of the CRS who is also a member of the Active Employee Class covered by the Collaborative Settlement Agreement (CSA) and you have a minimum of 30 years service credit, you can enter the Deferred Retirement Option Plan (DROP) by delaying your retirement and continuing to work for the City of Cincinnati. Your participation in DROP is completely voluntary. Upon your DROP Entry Date, the amount of your monthly pension benefit will be calculated as if you retired on your DROP Entry Date. The amount of your monthly pension benefit will not be recalculated for any additional service and earnings paid to you on or after your DROP Entry Date.

 

DROP Information

Please view and download these important Deferred Retirement Option Program (DROP) Documents:

• DROP Calendar 2024 (Very Important Information about DROP)

• DROP Summary Plan Description

• DROP Process

• DROP Presentation

• DROP Rescission Form

• Lump Sum Estimator

• Lump Sum Deferral Form

• Monthly Pension Benefit Payment Options