207 - DROP it Like it's Hot
DROPs have been used as a public plan retention tool almost since inception. However, they have seen a resurgence in interest, and a divergence of provisions, in recent years. Speakers contrast two case studies of recent implementations: one strictly required to be cost neutral and the other with no such considerations. Join the conversation to discuss actuarial and administrative considerations of two DROPs that may barely recognize each other.
Speakers:
Elizabeth Anne Wiley Hoalt
Gallagher
Jim Lery
San Diego County Employees Retirement Association
Missie A. O'Neal
Educational Employees' Supplementary Ret. Sys. of Fairfax Co.
Todd N. Tauzer
Segal