Deferred retirement option plan : DROP = Partial lump-sum option : PLSO / Teacher Retirement System of Texas.
Abstract
The Deferred Retirement Option Plan (DROP)
is an optional benefit program of the Teacher
Retirement System of Texas (TRS) which
offers qualified active members a way during
their working years to accumulate funds in a
special DROP account for distribution at retirement.
Participating members may elect distribution
either as one lump sum payment or in
periodic installments.
Eligibility