The Workplace of Personnel Administration’s retirement backlog continued to enhance in March. OPM processed 10,711 claims, a brand new report for 2024, bypassing February 2024’s 10,025 claims. The company obtained 7,943 new retirement claims in March, down 851 from the earlier month, however managed to course of over 600 extra claims than it did in February.
OPM additionally made enhancements within the stock backlog, shrinking it by 2,786, bringing the present variety of claims to 16,823. That is the bottom backlog the company has seen since December 2023. OPM remains to be 3,823 claims above the regular state purpose of 13,000.
After seeing enhancements in February, OPM’s common processing time elevated from 47 days to 55 days in March.
OPM stated March retirement circumstances accomplished in lower than 60 days on common took 39 days to course of, whereas circumstances that took greater than 60 days on common took 134 days to completely course of.
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