Entrance to and termination of DROP.
Denver Revised Municipal Code § 18-429
in effectSec. 18-429. - Entrance to and termination of DROP.
(a) Entrance. No member shall enter the DROP after April 30, 2003. Members who enter the DROP on or before April 30, 2003 shall be allowed to serve the full four (4) years in the DROP program and receive the full rights and benefits of the DROP program.
(b) Terms: Participants of the DROP under this division 3 shall not be eligible to enter the new five-year deferred retirement option plan (DROP II) set forth and described in division 4 of this article. Except as modified and amended under this section, the terms and conditions of the deferred retirement option plan as set forth in division 3, article XII, chapter 18, of the Code shall remain and continue in effect. The participation, benefits, rights and privileges of the new entrants and existing participants in the DROP shall be governed in accordance with the terms and provisions set forth in this division. Unless amended further, those terms and conditions are hereby ratified.
(c) Notice: Immediately following the enactment into law of this section, the Denver Employees Retirement Plan shall provide to all active members of the plan, adequate and reasonable notice that there shall be no new entrants into the DROP from and after April 30, 2003.
Source: City and County of Denver, Revised Municipal Code and Charter (Municode Library, library.municode.com)URL: https://library.municode.com/co/denver/codes/code_of_ordinances?nodeId=TITIIREMUCO_CH18EMOFPABE_ARTXIIRE_DIV3DEREOPPLMEDEEMREPL_S18-429ENTEDRFetched: 10/27/2026