DROP Spreadsheet
 

Click blue Link for DROP Spreadsheet
(Opens in a New Window)

Instructions: The spreadsheet was created in Excel 7.0 and is usable with Windows 95 or later versions of the Windows operating systems. This interactive spreadsheet can assist you in estimating the amount of retirement benefits and interest you can accumulate under the Deferred Retirement Option Program (DROP).

To use this spreadsheet, open it in your browser or download it to your computer. (If you have Excel and your browser permits, you may be able to use the sheet within your browser by simply left-clicking on the link above. If not, you may right-click on the link above and save the file to a folder on your PC, where you can open it within Excel (or another spreadsheet program if the file is accepted by the program).

When the worksheet opens, in the white boxes, enter the amount of your estimated monthly retirement benefit and the dates you want to begin and end your DROP participation (maximum of 60 months’ participation). Based on the information you enter, the spreadsheet will automatically estimate the amount you would accumulate in DROP and will display the result. You may save your worksheet results locally.

 

 

 

 

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All Rights Reserved.