The Office of Personnel Management has released its latest monthly retirement processing status report. The numbers show that inventory remained relatively unchanged last month despite a sharp drop in the number of claims received over the previous month.
The total number of claims received in November was 5,746 cut almost in half of the 10,155 received in October. However, OPM only processed 5,844 compared to the 8,785 processed the month before which caused the inventory to remain almost completely unchanged (it stood at 14,039 at the end of November and was at 14,137 at the end of October).
According to the latest figures, OPM has fallen behind on its projections for processing the claims. The agency estimated that its inventory would be 12,242 at the end of November 2014 rather than the current figure of 14,039. It also projected it would process 7,800 claims in November, 25% less than it actually did. The number of claims received in November were also 24% less than OPM’s estimates (5,746 vs. 7,600).
The latest retirement processing statistics are 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 | not available | not available | not available | not available |
| Jan-15 | 19,000 | 8,700 | 21,642 | not available | not available | not available | not available |
| Feb-15 | 9,700 | 9,800 | 21,542 | not available | not available | not available | not available |
| Mar-15 | 6,400 | 11,000 | 16,942 | not available | not available | not available | not available |
| Apr-15 | 6,700 | 9,600 | 14,042 | not available | not available | not available | not available |
| May-15 | 7,100 | 9,100 | 12,042 | not available | not available | not available | not available |
| Jun-15 | 7,500 | 8,000 | 11,542 | not available | not available | not available | not available |
| Jul-15 | 8,000 | 8,100 | 11,442 | not available | not available | not available | not available |
| Aug-15 | 7,400 | 7,600 | 11,242 | not available | not available | not available | not available |
| Sep-15 | 7,300 | 7,500 | 11,042 | not available | not available | not available | not available |
