While thousands of federal employees filed for retirement in February, the Office of Personnel Management has seen a growing backlog due to the slower pace of processing this year, according to a new progress report from the agency.

OPM processed some 18,500 applications in January and February, the traditional peak months for new cases, compared to 27,900 during the same period last year, marking a 34 percent slowdown.

The agency ended last month with 23,600 unprocessed claims, up 86 percent compared to December 2013; the number of unprocessed claims during the same period last year rose by just 56 percent.

Continue Reading for Free

Register and gain access to:

  • Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.