April 22, 2019 15:41 Updated Follow No, you may only make one DROP election in your lifetime. There is no provision to amend an existing DROP election. Related articles Can I change my mind while in the DROP and decide to retire earlier than or later than the retirement date I elected at the time I entered the DROP? If I participate in the DROP, retire on my chosen DROP retirement date, and choose the DROP benefit, how will the DROP benefit and my monthly retirement benefit be calculated? What is the INPRS Financial Wellness Guide? When will I be vested in PERF? Is the DROP a separate retirement plan?