OPM Gets Some Reprieve from Influx of New Retirement Applications

By on April 5, 2016 in Current Events, Retirement with 1 Comment

The Office of Personnel Management got a break last month from the massive wave of new retirement applications that had flooded the agency in the first two months of the year.

OPM “only” received 5,741 new applications in March, down significantly from the five figure numbers that rolled in during each of the previous two months. Additionally, OPM was able to process 9,222 applications in March to bring the outstanding backlog down slightly from 22,692 to 19,211, a 15% reduction. That number also outperformed the processing rates from January and February.

As noted previously, this ebb and flow in the number of retirement applications in OPM’s backlog is a consistent pattern. However, OPM is running slightly ahead of March 2015 at which time the backlog stood at 20,594.

The latest complete statistics are included below.

Month Claims Received Claims Processed Inventory % Processed in 60 days or less (YTD) % Processed in 60 days or less (Monthly) Avg. # of Days to Process Case in 60 days or less Avg. # of Days to Process Case in more than 60 days
Oct-14 10,155 8,785 14,137 83% 83% 36 104
Nov-14 5,746 5,844 14,039 83% 84% 37 107
Dec-14 4,077 6,447 11,669 84% 84% 45 99
Jan-15 18,629 7,662 22,636 80% 71% 43 91
Feb-15 9,219 7,841 24,014 81% 82% 33 103
Mar-15 5,478 8,898 20,594 82% 86% 46 99
Apr-15 6,292 8,660 18,226 73% 26% 49 74
May-15 7,845 10,697 15,374 68% 45% 47 79
Jun-15 6,920 7,783 14,511 69% 75% 44 99
Jul-15 9,862 7,918 16,455 69% 72% 45 97
Aug-15 7,341 7,446 16,350 70% 76% 45 98
Sep-15 6,300 7,944 14,706 70% 76% 43 94
Oct-15 8,374 10,438 12,642 74% 74% 38 86
Nov-15 6,019 6,099 12,562 76% 82% 37 98
Dec-15 4,753 5,916 11,399 78% 83% 40 104
Jan-16 15,423 7,061 19,761 79% 80% 38 94
Feb-16 11,293 8,362 22,692 80% 85% 36 96
Mar-16 5,741 9,222 19,211 82% 88% 44 118

 

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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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