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MONTGOMERY COUNTY EMPLOYEE RETIREMENT PLANSDROP Exit/RETIREMENT FORMS Instructions 1. DROP Distribution Election Form select where you want your DROP account distributed. If you are rolling the DROP
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What is drop exitretirement forms?
Drop exit retirement forms are documents used by employees participating in a Deferred Retirement Option Program (DROP) to formally exit the program and initiate the retirement process.
Who is required to file drop exitretirement forms?
Employees who have participated in a Deferred Retirement Option Program (DROP) and wish to formally retire must file drop exit retirement forms.
How to fill out drop exitretirement forms?
To fill out drop exit retirement forms, individuals should provide personal information, details of their employment, specified dates regarding the start and end of their DROP participation, and any required signatures, ensuring accuracy to avoid processing delays.
What is the purpose of drop exitretirement forms?
The purpose of drop exit retirement forms is to formally document an employee's intention to retire after participating in the DROP program and to initiate the processing of retirement benefits.
What information must be reported on drop exitretirement forms?
Information that must be reported on drop exit retirement forms includes the employee's name, identification number, dates of DROP participation, retirement date, and any other required personal and employment details.
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