OPM retirement claims static in May

The Office of Personnel Management processed 7,692 retirement claims in May, slightly more than the number of new claims it received in the  month.

OPM took in 7,210 new claims in May, roughly the same amount as in April, and slightly less than it received in the same month in 2015.

At the end of May, OPM’s inventory stood at 14,035 claims, down slightly from the 14,517 backlogged claims it held at the end of April.

Of the claims the agency processed last month, 75 percent were processed in 60 days or less, with an average of 37 days for those claims—compared to last month’s performance of 76 percent and 50 days for claims processed in fewer than 60 days.

Claims which required more than 60 days to process took an average of 103 days, up from 92 days last month.

The new figures came from OPM’s monthly claims processing progress report.

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Edward A. Zurndorfer Certified Financial Planner
Mike Causey Columnist
Tom Fox VP for Leadership and Innovation, Partnership for Public Service
Mathew B. Tully Legal Analyst

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