Home Retirement Retirement claims for feds spike in January

Retirement claims for feds spike in January

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The Office of Personnel Management received a sharp increase in retirement claims during January 2020, according to recent statistics.

OPM received 17,134 claims for retirement and processed just over 10,000 cases. It was a marked difference from December 2019, during which OPM received 5,205 cases and processed 6,687. The average monthly processing rate for January 2020 was 58 days, versus an average of 61 days for the fiscal year to date.

The January surge caused the backlog of claims to spike to almost 24,000. OPM is looking to reduce that backlog to 13,000 cases.

The total number of retirement cases for January 2020 is the highest since December 2012, which fielded a total of 19,765 incoming cases the month after former President Obama won his second term.

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Linda Barbara

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