FL S1670

Increases maximum DROP (Deferred Retirement Option Program) participation period for K-12 instructional personnel from 36 calendar months to 60 calendar months beyond the initial 60-month period if they enter DROP on or before June 30, 2029.

Extends the same 60-month maximum DROP extension period to K-12 administrative personnel (as defined in s. 1012.01(3)) effective July 1, 2023, if they enter DROP on or before June 30, 2029, subject to district school superintendent authorization.

Requires both instructional and administrative personnel authorized for DROP extension to have termination dates on the last day of the last calendar month of the school year.

Removes the July 1, 2018 date reference requirement and replaces it with language referring to the "initial 60-month period" for consistency across the amended statute.

Takes effect July 1, 2023.