State of Louisiana

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Contact the Louisiana DROP

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Louisiana Deferred Retirement Option Program (DROP)

DROP Overview

Deferred Retirement Option Program (DROP) is an optional program in which members of a defined benefit plan choose to freeze his or her regular monthly retirement benefit and have this benefit deposited each month in a separate account with the employer while continuing to work for and draw a salary from their employer. There are many DROP plans throughout the state of Louisiana, with similarities and differences between each.

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