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Thursday, September 06, 2012

Retirement Claims Hit Highest Level Since January

Federal employees submitted nearly 9,000 retirement claims   in August — more than in any other month besides January, which typically sees a wave of feds taking retirement.

The Office of Personnel Management received 8,973 retirement claims in August, nearly a thousand more than it projected. The agency processed 11,896 claims, also surpassing its goals.

The backlog, which now stands at 41,787 claims, is 32 percent below where it was at its height at the end of January.

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