(a)    Upon the death of a DROP member, the DROP member’s named beneficiary shall be entitled to apply for and receive the accrued benefits in the DROP, in accordance with Sections 18-47 or 18-72, respectively.

    (b)    The normal retirement benefit accrued to the DROP on the day preceding the date of death of the DROP member shall be the final monthly benefit credited for such DROP member.

    (c)    Eligibility to participate in the DROP terminates on the day preceding the date of death of the DROP member.  If the DROP member dies on or after the effective date of enrollment in the DROP, but prior to the first monthly benefit being credited to the DROP, death benefits shall be paid in accordance with Sections 18-47 or 18-72, respectively.