Sep 6, 2013

Pension Backlog Improves in August

"...The Office of Personnel Management’s processing of new pension claims showed sharp improvement in August, buoyed by a resumption of employee overtime in the agency’s retirement services division, according to new data.

In August, OPM processed 10,955 claims from recent retirees, up more than 40 percent from the July total. The backlog of pending claims fell from about 25,600 to 22,750, the lowest point since at least July 2012. An OPM report on the retirement figures released last week said a year-end budget review had allowed retirement services to resume “limited overtime” last month..."

Read more at Federal Times

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