OPM lags on retirement processing in April

Workforce

OPM lags on retirement processing in April

It\'s taking longer for the Office of Personnel Management to process retirement claims. By the end of April, OPM had processed less than three-quarters of clai...

Federal News Network Staff

May 6, 2015 11:33 am

< a min read

By Jory Heckman
Federal News Radio

It’s taking longer for the Office of Personnel Management to process retirement claims. By the end of April, OPM had processed less than three-quarters of claims in 60 days or less.

That’s the lowest percentage since OPM started using that metric last May. The agency also processed 1,000 fewer claims than projected. The inventory now stands at about 18,000. That’s down from an 18-month high in February, but still 4,000 higher than OPM’s goal for the month.

<i>Source: OPM. <a href="http://www.opm.gov/about-us/budget-performance/strategic- plans/retirement-processing-status.pdf" target="_blank">Click here to see a larger version of the graph</a>

OPM processed 8,660 retirement claims in April, and ended the monthh with 18,226 retirement claims. This figure is down from the 9,600 OPM hoped it would process.