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Search Tags: retirement processing
Hosts Bob Leins and Tammy Flanagan offer advice on what you need to do if you are planning to retire in the next few months.
September 9, 2013
Fewer federal employees filed for retirement in December than in any other month in 2012, according to the Office of Personnel Management. Even with the fewer than expected number of claims, however, the agency failed to meet its goal of processing 11,500 claims, instead clocking in just 10,454.
The Office of Personnel Management received fewer retirement claims in November than in any month since February this year, according to new data from the agency. But this is likely just the calm before the storm, according to OPM projections, which anticipate a wave of retirement claims in January.
OPM met just more than half of its two dozen performance measures for 2011, according to an annual performance report released in February. However, among the agency's "high-priority" goals, such as telework and hiring reform, the report cites "great strides." While goals on retirement processing showed mixed progress, OPM's director of planning and policy analysis Jonathan Foley said the agency is "on track" to reduce the processing time to 60 days by July 2013.