retirement claims

While April and May produced record low numbers, June took a different turn as OPM received more retirement claims with less being processed.

The number of federal employees submitting retirement claims in March is holding steady from February, according to an update released by the Office of Personnel Management. Meanwhile, OPM increased the number of claims it was able to process last month, leading to a decrease in the backlog.

For now, the 35-day government shutdown does not seem to have caused a massive increase in federal retirement, despite predictions to the contrary.

More retirement claims were processed in November than in the two months prior, but OPM still has work to do as 2019 approaches.

For the third month in a row, the Office of Personnel Management’s retirement claims backlog has ticked upward.

Federal civilian employees are delaying retirement until an average age of 61.8 years, continuing a three year trend recorded by the Office of Personnel Management.

September saw fewer new retirement claims in September — 7,142 — than August — 8,826 — but OPM also processed fewer claims in that time than the month before. 

The Office of Personnel Management processed more retirement claims than it received in August, which helped it to reduced its backlog to the lowest level since the end of April.

According to the Office of Personnel Management’s monthly retirement report, June saw 23.2 percent more federal retirement claims than May and a roughly 53 percent more claims year over year.

The Office of Personnel Management stepped up its game in March, processing 13,262 retirement claims, the highest amount for a single month in years.