January’s Retirement Rush Not as Bad as 2018
The usual influx of new retirements that comes in January is not as bad as it was last year, but OPM still has a bigger backlog to deal with.
The usual influx of new retirements that comes in January is not as bad as it was last year, but OPM still has a bigger backlog to deal with.
Although December saw fewer incoming retirement applications, 2018 ended with a much higher backlog than the year before.
Despite a higher number of new claims in the month than usual, OPM made a modest reduction in November’s retirement backlog.
OPM’s Inspector General said that while the agency appears to have met a part of its goal on the retirement backlog, it has some more work to do.
Thanks to receiving over 9,000 new applications, OPM’s retirement backlog grew considerably in October.
Despite fewer incoming claims than the previous month, OPM’s retirement backlog moved slightly higher in September.
OPM’s retirement backlog saw a noticeable improvement in August versus July despite more incoming claims.
The author says that OPM should develop software to aid in calculating the FERS annuity supplement.
OPM’s backlog of retirement claims has been on a slow upward trend so far this summer.
OPM’s retirement backlog remained mostly flat in June as it saw a less than 1% increase in the total number of outstanding retirement applications.