• Capabilities
    Find the right mix of expertise to deliver critical Federal & State HR programs and support your agency’s mission.
    Develop solutions to meet any HR challenge, provided by subject matter experts who understand the landscape of federal requirements.
    Get complete visibility of every HR metric across your entire agency with technology tools that help you analyze, share and optimize.
  • Solutions
    FedHR Navigator is the only HR software built exclusively by and for Federal Government agencies.
    We give you tools that will save time gathering and analyzing data so you can focus on increasing engagement and futureproofing your agency.
  • Resources

    Stay up-to-date with insights on the EconSys blog. Posts cover the latest news, industry insights and trends associated with federal and state government workforces.

    A podcast created to explore some of the biggest workforce challenges faced by federal & state agencies today. 

    Explore how EconSys has helped other federal & state agencies.

    Access in-depth guides, resources and brochures to help get the most out of your workforce.
  • About Us

    Learn about how EconSys started and how we have evolved over the years.

    Learn about how EconSys started and how we have evolved over the years.

    Are you ready to join us? We are always searching for highly skilled professionals with various backgrounds and levels of experience to join our EconSys family.

    Search the current job openings at EconSys.

    Access the GSA Schedules available from EconSys.

OPM’s Outstanding Retirement Claims Decrease in August

The monthly report from the Office of Personnel Management (OPM) detailing the number of new retirement claims received and processed, along with the monthly average processing time was released for August. In it, OPM reported the highest number of claims processed since March of this year and a 4.5% decrease in the number of outstanding claims for the month.

There are currently 17,576 applications in the backlog after OPM received 8,878 new applications and processed 9,715 for the month of August. This marks a substantial increase from the average number of applications processed in the previous three months and the highest number since the 13,217 that were processed in March of this year. The average time to process also dropped to only 50 days, the lowest reported number of 2019. The FYTD average processing time in days remains consistent with the 56 days reported in May, June, and July.

The increase in processing in August brings the backlog back in line with the lower numbers reported in April and May, when it was also below 18,000. The lowest backlog total in the last two years remains December 2017 when it dipped to 14,515. The high-water mark in that time period was 24,225 in February of 2018, after the annual surge that occurs around the beginning of the year. That number is still well below the all-time highs seen in 2012.

Learn more about some of the recent recommendations that the US Government Accountability Office (GAO) prepared in a recent audit of OPM’s retirement processing times and efforts for improvement in a recent blog post summarizing the report. You can also read about the benefits of IT modernization to improve processing times for federal agencies.