OPM trims retirement claims inventory
- By FederalSoup Staff
- May 09, 2016
The Office of Personnel Management processed 11,935 retirement claims in April, the best monthly processing total in more than a year.
OPM took in 7,241 new claims in April, roughly the same as in April 2015, and up from the 5,741 claims the agency received last month.
At the end of April, OPM’s inventory stood at 14,517 claims, down from 19,211 backlogged claims at the end of March.
Of the claims the agency processed last month, 76 percent were processed in 60 days or less, with an average of 50 days for those claims, compared to last month’s performance of 88 percent and 44 days for claims processed in fewer than 60 days.
Claims which required more than 60 days to process took an average of 92 days, down from 118 days last month, and the lowest average number of days since October.
The new figures came from OPM’s monthly claims processing progress report.