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retirement backlog
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The Office of Personnel Management is falling behind in the plan to get rid of its backlog of retirement claims. The latest retirement numbers show OPM's backlog is growing, even though it received fewer claims than it expected. John Salamone is vice president of FMP Consulting, and former executive director of the Chief Human Capital Officers Council. On In Depth with Francis Rose, he broke down the retirement trends he sees at OPM.
February 09, 2015 -
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As is typical for the beginning of the year, retirement claims spiked at the Office of Personnel Management, but the number was slightly smaller than expected. The agency also processed fewer claims than it planned to for the month.
February 05, 2015 -
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After receiving 4,000 more retirement claims in October than it expected to, the Office of Personnel Management received 2,000 fewer than it expect to in the month of November.
December 05, 2014 -
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The predicted "tsunami" of federal retirees may or may not come. Regardless, if you're planning to retire, you should still take steps to ensure financial security while your retirement is processed, says Federal News Radio's Mike Causey.
November 07, 2014 -
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After several months of a declining number of federal employees filing for retirement, the Office of Personnel Management received 2,300 more retirement claims than it expected to for the month of October.
November 05, 2014 -
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Benefits expert John Elliott will discuss what you should be doing to prepare for retirement, and OPM Director Katherine Archuleta will talk about the status of phased retirement, the retirement-claims backlog and other civil service issues. July 9, 2014
July 09, 2014 -
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The Office of Personnel Management cut the longstanding backlog of pending retirement claims by more than a third in the first half of 2014. By the end of May, the inventory of claims had fallen to about 14,500, according to new OPM data released Thursday. That's down 38 percent from a peak of more than 23,500 claims in February.
June 05, 2014 -
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Debra Roth, partner at Shaw Bransford and Roth will discuss what's happening at the VA and OPM Director Katherine Archuleta will talk about the status of phased retirement, the retirement-claims backlog and other civil service issues. May 28, 2014
May 28, 2014 -
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The Office of Personnel Management received 8,047 new retirement claims in April, which is about 1,500 more than the 6,500 it projected that it would receive for that month.
May 05, 2014 -
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Thanks to better than expected progress in processing federal retirement claims last month, the Office of Personnel Management's backlog of pending claims is shrinking for the first time this year. By the end of March, the number of backlogged claims shrank from more than 23,500 claims to about 18,500.
April 07, 2014 -
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More than 12,000 federal employees filed for retirement last month, according to new data from the Office of Personnel Management. That was about 2,200 more retirement applications than the agency expected to receive under new monthly projections it began using this month. Despite an overall slower pace of retirements this year compared to last, OPM's progress in clearing a longstanding inventory of claims appears to have stalled. In fact, the backlog grew in February by more than 2,200 claims.
March 06, 2014 -
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The exodus of employees from the federal workforce was a big story this past year: More federal employees retired in 2013 than the year before, providing grist for the mill for predictions of a coming federal retirement wave. Meanwhile, the Office of Personnel Management's efforts to clear a longstanding backlog of new retirement applications faced hurdles because of the steep sequestration budget cuts that hit government. Federal News Radio parsed through the data over the past year. In the series of charts and graphs below, track the latest trends.
January 08, 2014 -
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Fewer federal employees filed for retirement in December than in any month in nearly the last two years, according to updated statistics from the Office of Personnel Management. Just 4,952 federal employees filed for retirement in December. But even with fewer employees retiring in December, OPM's retirement processing failed to keep pace with projections. The agency had expected to process 11,500 retirement cases but actually ended the month clearing a little more than 6,440.
January 06, 2014 -
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The number of federal employees filing for retirement is on a downward swing. For the fifth month in a row, fewer federal employees than expected filed for retirement, according to new data from the Office of Personnel Management. However, OPM's efforts at processing federal-employee retirement applications also took a nosedive last month. OPM processed just 5,700 claims in November, less than half of what it predicted it would and nearly half the number of cases the agency cleared last month.
December 05, 2013
