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MEMBER INFORMATION REQUEST DROP or RETIREMENT RETURN VIA EMAIL TO: AMYTABOR@TPSD.ORG PLEASE TYPE OR PRINT ALL INFORMATION PURPOSE OF VISIT: RETIREMENT ENTER DROP INFO ONLY Projected Date of Retirement

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How to fill out drop or retirement

01

Obtain the necessary forms from your employer or retirement plan provider.

02

Fill out the forms with accurate personal information such as name, date of birth, social security number, and contact information.

03

Specify the type of retirement option you wish to choose, such as lump sum payment or annuity.

04

Designate any beneficiaries if required, including their names and relationship to you.

05

Review the completed forms for accuracy and sign where indicated.

06

Submit the forms to the appropriate department or individual as instructed.

Who needs drop or retirement?

01

Individuals who are eligible for retirement and wish to receive benefits from their employer's retirement plan.

02

Employees who are leaving their current job and need to make decisions about what to do with their retirement savings.

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What is drop or retirement?

DROP (Deferred Retirement Option Plan) is a program allowing employees to retire while still working, essentially deferring their retirement benefits until they leave their job.

Who is required to file drop or retirement?

Employees who have met the eligibility criteria for retirement and choose to participate in a DROP program or retire are required to file the appropriate paperwork.

How to fill out drop or retirement?

To fill out DROP or retirement, employees typically need to complete a designated application form, provide necessary personal information, and submit it to their human resources or retirement office.

What is the purpose of drop or retirement?

The purpose of DROP or retirement is to allow employees to plan and transition into retirement while providing a financial incentive for continued service.

What information must be reported on drop or retirement?

Employees must report personal identification details, employment history, retirement eligibility information, and any other required data specified by the retirement plan.

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