DROP Program

Deferred Retirement Option Program (DROP)

Deferred Retirement Option Program (DROP) is an optional program in which participants in a defined benefit plan choose to freeze their regular monthly retirement benefit and have it deposited each month into a separate account with their employer while continuing to work for and draw a salary from their employer. For DROP questions, we have answers.

AIG Retirement offers many rollover plans depending on the state in which you live. Use the links below to access your state-specific DROP Information.

• State of Alabama

• State of Arizona

• State of Arkansas

• State of California

• State of Florida — Florida FRS employees

• State of Louisiana

• State of Texas

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Important Notice about Purchasing a VALIC Annuity From Us

To help the government fight the funding of terrorism and money-laundering activities, federal law requires all financial institutions to obtain, verify, and record information that identifies each person who purchases certain annuity products. What this means for you: When you purchase certain annuity products from us, we will ask for your name, address, date of birth and other information that will allow us to identify you. We may ask to see your driver's license or other identifying documents.

Annuities and insurance products are offered by The Variable Annuity Life Insurance Company (VALIC), AIG Annuity Insurance Company, AIG-affiliated insurance companies or other approved companies. Each underwriting company is financially responsible for its own insurance products.

Securities and investment advisory services are offered by AIG Retirement Advisors, Inc., member FINRA, SIPC and an SEC-registered investment advisor.

AIG Retirement is the marketing name for the group of companies comprising AIG Retirement Advisors, Inc.; AIG Retirement Services Company; and The Variable Annuity Life Insurance Company (VALIC); each of which is a subsidiary of American International Group, Inc.

This information is general in nature and may be subject to change. Neither VALIC nor its financial advisors or other representatives give legal or tax advice. Applicable laws and regulations are complex and subject to change. For legal or tax advice concerning your situation, consult your attorney or professional tax advisor.