The retirement backlog at the Office of Personnel Management has reached a peak not seen in 8 years.
As of the end of August, the backlog now stands at 28,565, nearly 6% higher than it was at the end of July and the highest it has been since 2013 when it hit levels topping 30k and 40k some months.
OPM received 8,976 new claims in August (roughly the same number as July) and processed 7,412. While it processed more claims in August than July, it did so at a slower pace (93 days vs. 91 days average monthly processing time) which is likely a factor that helped push the total backlog higher.
Earlier this year, the average monthly processing times were well under 90 days; March, April and May for instance were 69, 71 and 70 days, respectively. But July saw it jump up to 91 days and then August went to 93. The average of the months before July was 75 days; when including July and August, the average for 2021 jumps to 79 days.
More claims were generally processed in the previous months in 2021 so far than in July and August which appears to have been a factor as well. March and May had over 8,000 claims processed during the month, and April had over 11,000, so the backlog had trended down those months. The average number processed per month so far in 2021 is 8,049; an average of 9,159 new claims have been received per month so far this year.
Are More Federal Employees Retiring?
So are more federal employees retiring this year than in previous years? The data indicate that is the case, and this will negatively impact the backlog as well.
These are the monthly averages:
|Year||Average Monthly Claims Received|
|2021 (so far)||9,159|
It will be interesting to see how the retirement numbers fare for the remainder of the year. January is the busiest month of the year for federal employees to retire, so a much larger number of new retirement claims will presumably come in during January. If the backlog continues to grow throughout the rest of the year, it could start to get close to its all time high levels from 2013 come January.
The latest retirement data are included below.
|Month||Claims Received||Claims Processed||Inventory (Steady state goal is 13,000)||Monthly Average Processing Time in Days||FYTD Average Processing Time in Days|
retirement application through final adjudication.
*Initial retirement cases produced in less than 60 days, on average took 39 days to complete; whereas cases that were produced in more than 60 days, on average, took 111 days to complete.