The Office of Personnel Management saw retirement claims increase in volume in February as its backlog of claims continued to climb upward.
OPM received 11,293 new applications for retirement in February, the third highest volume of new claims in a given month since October 2014. That uptick pushed OPM’s inventory of retirement claims up to 22,692, a 14.83 percent increase over last month.
February’s numbers reflect the surge in claims received in January, typically the month that most federal employees file for retirement.
OPM processed 8,362 claims in February, an 18.43 percent increase in the claims that it processed in January.