19-9-1202. Definitions. Unless the context requires otherwise, as used in this part, the following definitions apply:
     (1) "DROP" means the deferred retirement option plan established pursuant to this part.
     (2) "DROP benefit" means the lump-sum benefit calculated and distributed as provided in this part.
     (3) "DROP period" means the period of time that a member irrevocably elects to participate in the DROP pursuant to 19-9-1204.
     (4) "Participant" means a member of the retirement system who has elected to participate in the DROP pursuant to this part.

     History: En. Sec. 2, Ch. 514, L. 2001.