CITY OF TALLAHASSEE DROP ENROLLMENT FORM

CITY OF TALLAHASSEE DROP ENROLLMENT INFORMATION

• Complete a DROP Enrollment Form and submit it to the Retirement Office at least 30 days prior to DROP begin date.
• Obtain a copy of your birth certificate, and if applicable, copies of your marriage license and your spouse’s birth certificate. You will need to bring these with you when you come in to sign your DROP enrollment paperwork.
• Verify that your leave balances are updated correctly by contacting your Department Coordinator.
• Once we have received your DROP enrollment form, we will call you to schedule an appointment to meet with a Retirement representative. If you are married please bring your spouse to the appointment.

If you have any eligible service (Pre-Pension, Prior City, Military and/or Out- of -City Public), you will need to make the decision to purchase before entering DROP. You will have the option to rollover money from one of your tax deferred savings accounts (MAP, RSVP, or Supplemental Share Plan) to make this purchase. You may make the selection when entering DROP, however the decision is irrivocable. You will not be eligible to purchase any of these services after entering DROP.

Do you want to provide an ongoing monthly benefit to your spouse or other beneficiary? This is an irrevocable decision, so make sure you and your family fully understand all of your options.

Option 1 – Using your Leave in your Pension Calculation
City of Tallahassee pension plan participants will be given the option of including the lower of: (1) accrued personal leave hours at DROP entry, (2) accrued personal leave hours on July 1st, 2011, for General or October 1st, 2011, for Fire or October 1st, 2013, for Police or (3) the 6-week maximum.
If you choose to use the allowable personal leave in your calculation, the payment for that leave will be in the 1st paycheck following your entry date into DROP. You will retain any remaining personal leave hours not used in the calculation. However, when you terminate employment, you will not be paid no more than the number of personal hours you had when entering DROP.
If the amount of personal leave you have available to use in the calculation is less than the 6-week maximum allowed, sick leave may be used to make up the difference. You will retain any sick leave hours over the amount you used in the calculation. When you terminate employment you will paid for unused sick leave according to H/R policy.
Option 2 – Not using your Leave in your Pension Calculation
With this option no leave will be included in the calculation of your DROP benefit, and no payment for leave will be made when entering DROP. Upon termination of employment you will paid for unused sick leave according to H/R policy and you will be paid for personal leave up to a maximum of your balance at DROP entry.
Note: While in DROP, Personal and Sick leave will continued to accrue according to H/R policy

• For General employees six years from their first date of normal retirement eligibility, either 30 years of service or age 62. Once this deadline is past, you are no longer eligible to join DROP.
• Police Officers and Firefighters two years from their first eligible normal retirement date, either 25 years of service or age 55. Exception, if a Police Officer or Firefighter is age 55 with less than 25 years of service, they will have until either age 60 or 27 years of service, whichever comes first, to join DROP.

If you have questions or need additional information, please feel free to contact the Retirement Office.