May 01, 2017 15:25 Updated Follow No. The DROP is just a new benefit option within the existing retirement plan. Related articles 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? How do I begin participating in the DROP? How will my DROP benefits be taxed when I retire? What are my retirement payment options for TRF? If I wish to retire on my DROP retirement date, how do I file for benefits?