Fewest Federal Employees Retired in 2020 Than in Last 6 Years
How many federal employees put in their retirement papers in 2020?
Stay updated on the size and status of the OPM retirement backlog, including monthly processing statistics, trends in new retirement claims, and the impact delays can have on recently retired federal employees. Explore analysis of OPM reports, seasonal surges, digital application processing, and policy changes that influence how quickly retirement claims are completed. Find clear explanations and timely updates to help federal retirees understand what the backlog means for interim payments, final annuity calculations, and overall retirement planning.
How many federal employees put in their retirement papers in 2020?
The retirement backlog at OPM edged slightly higher in November putting it over a milestone figure.
The number of federal employees who submitted retirement applications rose sharply in October over the previous month.
OPM’s retirement backlog saw little change during September.
OPM’s retirement backlog grew in August but the average processing time improved considerably.
OPM’s retirement backlog had only a small increase in July despite a much slower average claims processing time.
Despite slower average processing times, OPM has continued to make modest gains in reducing its retirement backlog.
Despite a slower average processing time, OPM was able to bring the retirement backlog down to its lowest level of the year at the end of May.
Even with the coronavirus worries gripping the country, OPM made a nice improvement to its retirement backlog in April.
Despite the outbreak of the coronavirus, OPM has maintained a good pace of processing retirement claims.