December 06, 2017 17:34 Updated Follow Your retirement date is the first day of the month following your last day of work. For example, if your last day worked is Nov. 6, your effective retirement date is Dec. 1. Related articles How do I apply for a distribution of my Annuity Savings Account after I retire? How do I retire from the Prosecuting Attorneys' Retirement Fund? 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?