CCORP (Community College Optional Retirement Program) - For Faculty, Directors & Above - This plan has immediate vesting
This program was implemented on July 1, 1998 and allows you to retire without terminating your employment for up to 5 years while your retirement benefits accumulate and earn interest compounded monthly. This program is available to eligible members of the Florida Retirement System who are in the FRS Pension Plan.
Your participation in DROP does not change your conditions of employment. When your DROP period ends, you must terminate employment. At that time you will receive your accumulated DROP benefits and begin receiving your monthly retirement benefits.