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Copping State University Office of Records and Registration 2500 W. North Avenue Baltimore, MD 21216Semester/Exchange IN SCHEDULE Date Processed ___ Processed By ___ PLEASE PRINT STUDENT I.D. NUMBER
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What is d r o p?
DROP is a Deferred Retirement Option Program which allows eligible employees to retire and continue working for a specified period, during which their retirement income accumulates in an interest-bearing account.
Who is required to file d r o p?
Employees who are eligible for retirement and wish to participate in the DROP program are required to file DROP.
How to fill out d r o p?
Employees can fill out DROP by completing the necessary forms provided by their employer and submitting them according to the instructions provided.
What is the purpose of d r o p?
The purpose of DROP is to provide employees with the option to retire while continuing to work and accrue retirement benefits, increasing their retirement income upon actual retirement.
What information must be reported on d r o p?
DROP forms typically require personal information, employment details, retirement plan information, beneficiary designations, and any other relevant information needed to process the retirement benefits.
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