OPM's Retirement Backlog Surges in January

By on February 5, 2015 in Current Events, Retirement with 9 Comments

The end of a calendar year is a popular time for federal employees to retire. This past year was no  different as evidenced by the latest retirement data from OPM.

The Office of Personnel Management released its monthly retirement processing status report today, and the figures showed a surge in the backlog of outstanding claims due to an influx of new claims received in January.

The backlog of outstanding claims surged by a whopping 94%, going from 11,669 to 22,636 in January. The increase was due to 18,629 new claims received in January. The number received this January was 7% more than received in January 2014.

Out of the 18,629 claims received, OPM processed 7,662. While this was nowhere near the number actually received, it was 1,215 more than were processed the month before.

The backlog of outstanding claims is now higher than where OPM had projected it to be at the end of January. OPM had projected its inventory to stand at 21,642, so the 22,636 is 4.6% higher than expected.

The complete set of statistics is included below.

Month Projected Claims Received Projected Claims Processed Projected Inventory Claims Received Claims Processed Inventory % Processed in 60 days or less
Oct-13 8,400 11,500 19,142 7,484 11,027 14,176 n/a
Nov-13 8,400 11,500 16,042 5,672 5,714 14,134 n/a
Dec-13 8,400 11,500 12,942 4,952 6,449 12,637 n/a
Jan-14 19,000 8,700 23,242 17,383 8,724 21,296 n/a
Feb-14 9,800 9,400 23,642 12,025 9,767 23,554 n/a
Mar-14 6,400 10,400 19,642 6,831 11,812 18,573 n/a
Apr-14 6,500 9,300 16,842 8,047 10,002 16,618 n/a
May-14 6,800 9,000 14,642 8,431 10,498 14,551 76.6%
Jun-14 8,000 8,100 14,542 6,627 8,787 12,391 77.3%
Jul-14 8,000 8,100 14,442 9,101 7,872 13,620 77.9%
Aug-14 7,400 8,000 13,842 6,795 7,318 13,097 78.5%
Sep-14 7,300 8,000 13,142 6,350 6,680 12,767 78.8%
Oct-14 7,800 8,500 12,442 10,155 8,785 14,137 83.2%
Nov-14 7,600 7,800 12,242 5,746 5,844 14,039 83.4%
Dec-14 5,600 6,500 11,342 4,077 6,447 11,669 83.7%
Jan-15 19,000 8,700 21,642 18,629 7,662 22,636 80.2%
Feb-15 9,700 9,800 21,542 n/a n/a n/a n/a
Mar-15 6,400 11,000 16,942 n/a n/a n/a n/a
Apr-15 6,700 9,600 14,042 n/a n/a n/a n/a
May-15 7,100 9,100 12,042 n/a n/a n/a n/a
Jun-15 7,500 8,000 11,542 n/a n/a n/a n/a
Jul-15 8,000 8,100 11,442 n/a n/a n/a n/a
Aug-15 7,400 7,600 11,242 n/a n/a n/a n/a
Sep-15 7,300 7,500 11,042 n/a n/a n/a n/a

 

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Ian Smith is one of the co-founders of FedSmith.com. He enjoys writing about current topics that affect the federal workforce. Ian also has a background in web development and does the technical work for the FedSmith.com web site and its sibling sites.

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