T-DROP definition

T-DROP means the same as defined in Arkansas Code § 24-7-202;
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T-DROP means, effective July 1, 1995, in lieu of terminating employment and accepting a service retirement benefit, any active member of the Arkansas Teacher Retirement System may elect to participate in the Teacher Deferred Retirement Option Plan (T-DROP), continue to work without the earnings limitation restriction of Arkansas Code Section §24-7-708 in a position covered by the Teacher Retirement System, and defer receipt of retirement benefits until a later date.
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T-DROP means the Teacher Deferred Retirement Option Plan
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More Definitions of T-DROP

T-DROP means teacher deferred retirement option plan.
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Related to T-DROP

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