DROP AnswersDROP: Investment Plan vs Pension Plan
Can Investment Plan members use DROP?
- DROP is available only to FRS Pension Plan (and TRS) members who qualify for normal retirement. [FRS 2026 DROP Guide, p.3]
- Members and retirees of the FRS Investment Plan cannot participate in DROP. [FRS 2026 DROP Guide, p.4]
- The DP-11 states you cannot elect the Investment Plan after your DROP begin date. [FRS Form DP-11 (rev 08/26)]
- Before deciding, the division suggests requesting comparative estimates of DROP versus continuing to work, and using the FRS Financial Guidance Program (866-446-9377). [FRS 2026 DROP Guide, p.12]
Related DROP answers
- Who is eligible for Florida DROP?
- How long can you stay in DROP? (96 months, not 60)
- What interest rate does a DROP account earn?
- DROP termination and the 6-month reemployment rule
- DROP payout options: lump sum, rollover or both
- How does DROP affect your FRS pension?
- How to apply for DROP with Form DP-11
- DROP for Special Risk vs Regular Class
- DROP beneficiaries, death and divorce
Educational information only, based on official Florida Retirement System (frs.fl.gov) publications. Not affiliated with the State of Florida or the Division of Retirement. Chapter 121, F.S., and Chapter 60S, F.A.C., are the final authority. Confirm your situation with the Division of Retirement (850-907-6500 / 844-377-1888). [FRS 2026 DROP Guide, p.2]