The Office of Personnel Management has cut its backlog of unprocessed pension claims by 21 percent in the five months since it unveiled a new strategy to fix the longstanding problem. According to statistics posted online today, OPM cut the backlog by 1,150 cases in June, bringing the backlog down to 48,323 unprocessed claims. In January, when OPM announced its plan to fix its problematic pension process, the inventory was 61,108. But even though OPM has made progress so far in 2012, the size of the backlog is still far greater than it was in October 2010, when OPM Director…
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The Office of Personnel Management saw a hiccup in its pension processing efforts in April, when the number of claims processed dropped to 8,028. That was slightly below the 8,300 claims it expected to process that month, and noticeably below the 12,386 claims it processed in March. But May brought slightly better news for OPM. According to monthly stats released today, the number of claims processed in May jumped back up to 9,066 — about 500 more than OPM anticipated it would process last month. This helped bring the size of the backlog down to 49,473 — about 5,100 fewer…
For several months, we’ve been tracking a disturbing increase in federal retirements — one which both complicated the Office of Personnel Management’s efforts to fix the pension process and suggests many feds have had it with the proposed pay and benefit cuts. But OPM’s latest stats show a surprising drop in the number of feds retiring. OPM said it received 6,616 retirement claims in April. That’s 17 percent less than the 8,000 it expected to receive last month, and 15 percent less than the 7,773 feds who retired in April 2011. Up until this point, retirement claims for the first…