The outstanding inventory of retirement claims jumped 14% in February according to the latest monthly status report from OPM.
The total inventory of claims in January was 36,062; in February, the total went to 41,103, a 14% increase.
The increase in the outstanding claims came from the influx of new ones received in January and February. Both months saw over 20,000 new claims come in, whereas in past months the number of new claims was usually than 10,000.
Month | Projected Claims Received | Projected Claims Processed | Projected Inventory (inventory plus claims less processed) |
Actual Claims Received | Actual Claims Processed | Inventory (inventory plus claims less processed) |
---|---|---|---|---|---|---|
Jan-12 | 21,000 | 8,000 | 61,378 | 21,479 | 8,749 | 61,108 |
Feb-12 | 5,600 | 8,300 | 58,678 | 6,415 | 9,953 | 57,570 |
Mar-12 | 5,000 | 8,300 | 55,378 | 7,090 | 12,386 | 52,274 |
Apr-12 | 8,000 | 8,300 | 55,078 | 6,770 | 8,028 | 51,016 |
May-12 | 8,000 | 8,500 | 54,578 | 7,523 | 9,066 | 49,473 |
Jun-12 | 8,000 | 8,500 | 54,078 | 7,814 | 8,964 | 48,323 |
Jul-12 | 8,400 | 11,500 | 50,978 | 8,660 | 12,304 | 44,679 |
Aug-12 | 8,000 | 11,500 | 47,478 | 8,973 | 11,865 | 41,787 |
Sep-12 | 7,000 | 11,500 | 42,978 | 11,952 | 12,563 | 41,176 |
Oct-12 | 7,000 | 11,500 | 38,478 | 8,138 | 12,228 | 37,086 |
Nov-12 | 7,000 | 11,500 | 33,978 | 6,584 | 11,966 | 31,704 |
Dec-12 | 7,000 | 11,500 | 29,478 | 5,152 | 10,454 | 26,402 |
Jan-13 | 21,000 | 11,500 | 38,978 | 22,187 | 12,527 | 36,062 |
Feb-13 | 5,600 | 11,500 | 33,078 | 20,374 | 15,333 | 41,103 |