DROP modeling

Projects DROP account accumulation including monthly compounding interest and prorated COLA on pre-2011 service.

Monthly pension at DROP entry

The monthly pension amount frozen when entering DROP.

DROP duration60 months

Up to 96 months (8 years) per 2023 legislation.

Annual interest rate4.0%

Pre-2011: 6.5%. Post-2011: 4.0% (since 7/1/2023).

Enrollment era

Years of service before July 20110 years

COLA proration applies only to pre-2011 service.

Total years of service at DROP entry25 years