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Backlog

How to Fix OPM’s Backlog Problem

By Robert F. BensonSeptember 27, 2016 5:06 PM
Image of employee covering face with hands next to a stack of backlogged paperwork

What lies at the core of OPM’s retirement backlog? The author explains the most glaring problem he sees with the situation and what can be done to solve it.

OPM’s Retirement Backlog Grows 15% in July

By Ian SmithAugust 5, 2016 3:09 PM
Image of person buried under a pile of papers holding a help sign

OPM’s backlog of retirement applications grow by 15% in July. A quick look at some historical data reveals that this was a predictable event.

Cobert Says More Funding Needed to Fix Retirement Applications Backlog

By Ian SmithFebruary 17, 2016 7:58 AM

Acting Office of Personnel Management director Beth Cobert recently addressed the agency’s seemingly endless backlog of retirement applications and discussed the steps being taken to improve it.

OPM’s Retirement Claims Backlog Jumps 73% in January

By Ian SmithFebruary 5, 2016 11:42 AM
Image of employee covering face with hands next to a stack of backlogged paperwork

January is always a popular time for federal employees to retire, and last month was no exception. The Office of Personnel Management saw its backlog of retirement claims jump 73% thanks to an influx of new applications.

OPM Processes Over 10k Retirement Applications in October

By Ian SmithNovember 5, 2015 5:11 PM

The Office of Personnel Management processed over 10,000 retirement applications in October, however, there are still over 12,000 backlogged applications.

OPM Reduces Retirement Claims Backlog by Almost 16% in May

By Ian SmithJune 5, 2015 5:05 PM

The Office of Personnel Management reported that its outstanding backlog of retirement claims was reduced by 15.6% in May.

OPM’s Retirement Backlog Surges in January

By Ian SmithFebruary 5, 2015 12:39 PM

OPM saw a massive spike in the number of outstanding retirement claims as evidenced by its latest retirement processing status report.

FedSmith.com Users Still Gloomy About OPM’s Retirement Processing

By Ian SmithSeptember 15, 2013 10:07 PM

Results of our recent survey indicate some improvement in the sentiment among our recently retired users about how OPM is handling their applications, but the frustration is still palpable.

OPM Improves Retirement Processing Claims Pace in August

By Ian SmithSeptember 5, 2013 4:38 PM

OPM was able to process more retirement claims in the month of August than were received.

GAO: OPM Still Lagging in Retirement Processing Capabilities

By Ian SmithMay 9, 2013 9:49 PM

A recent GAO report concluded that OPM is still failing in its plans to improve the agency’s retirement processing capabilities.

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Daily TSP Rates

January 25, 2021

Fund Last % YTD
G Fund $16.5178 +0.01% +0.06%
F Fund $21.0851 +0.22% -0.52%
C Fund $57.4356 +0.36% +2.73%
S Fund $79.4762 -0.16% +7.11%
I Fund $36.0432 -0.58% +1.85%
L Income $22.4290 +0.01% +0.68%
L 2025 $11.3187 0.00% +1.43%
L 2030 $39.4738 -0.01% +1.80%
L 2035 $11.7976 -0.01% +1.98%
L 2040 $44.4263 -0.01% +2.16%
L 2045 $12.1231 -0.02% +2.32%
L 2050 $26.4490 -0.02% +2.48%
L 2055 $12.7910 -0.05% +3.05%
L 2060 $12.7911 -0.05% +3.05%
L 2065 $12.7912 -0.05% +3.05%
Get detailed TSP data at TSPDataCenter.com

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