What is the DROP program?
The DROP program stands for Deferred Retirement Option Plan. It is a program that was instituted to keep firefighters from retiring too early and putting a strain on the city to hire and train new firefighters. When you enter the DROP program, you cease to accumulate length of service years toward your pension. You have actually "retired' and started drawing your pension. You continue to work and be paid your salary and overtime, but you are also paid your pension every month which is set aside in a separate account. This is known as your DROP account and is currently earning a rate of return of 5%. You can stay in the program for up to 5 years, but then at that point you must retire officially.
The average payout for the participants in the program is $350,000 - the biggest payout was $800,000 or thereabouts. This is in addition to their pension for life.
Governor Brown, How dare you. You lousy, scum sucking corrupt weasel. You want to squeeze more out of the people of California so that fireman can effectively be millionaires when they retire?
You make hyenas gorging themselves on the corpses of babies look good. Horrid, horrid man. A thousand curses on your house. You can't see me, but I am giving you the evil out of both eyes and am making a particular gesture with my middle finger.