{"id":27203,"date":"2023-11-07T20:57:23","date_gmt":"2023-11-07T20:57:23","guid":{"rendered":"https:\/\/one.sightlinemg.com\/federaltimes\/uncategorized\/2023\/11\/07\/retirement-processing-slows-in-october-after-record-setting-month\/"},"modified":"2026-08-08T05:12:11","modified_gmt":"2026-08-08T05:12:11","slug":"retirement-processing-slows-in-october-after-record-setting-month","status":"publish","type":"post","link":"https:\/\/one.sightlinemg.com\/federaltimes\/fedlife\/retirement\/2023\/11\/07\/retirement-processing-slows-in-october-after-record-setting-month\/","title":{"rendered":"Retirement processing slows after record-setting month"},"content":{"rendered":"\n

After the federal government\u2019s pending retirement cases hit a record low in September, the Office of Personnel Management reported its inventory crept back up in October.<\/p>\n\n\n\n

The average number of days it takes for the office, which finalizes retirement packages and oversees annuitant benefits, to process a claim hovered around 70 in the last three few months, an improvement over last year when processing exceeded 90 days.<\/p>\n\n\n\n

Still, the agency processed 2,700 fewer cases last month despite intaking roughly the same number of new cases as it did the month before.<\/p>\n\n\n\n

It\u2019s not unusual for the agency\u2019s progress to fluctuate from month to month, though the good news is fiscal year-to-date, processing time has steadily improved. And while the topline inventory of 16,600 cases increased 5% in October and remains above the goal of 13,000, it\u2019s, too, has shrunk overall in the last year.<\/p>\n\n\n\t