OPM and retirement checks

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Q: I have been hearing stories of OPM falling behind in the disbursement of full retirement checks. Is it backlogged on both CSRS and FERS or just FERS? I’m planning on retiring this year (CSRS) with 39 years, but I don’t want to have to drain my savings because they can’t get it right.

A: All retirement applications were affected equally. While OPM has made significant strides in speeding up the process, and in providing a greater percentage of a retiree’s annuity in its interim payments, there is no way to know when things will be back to normal.

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Reg Jones was head of retirement and insurance policy at the Office of Personnel Management. Email your retirement-related questions to fedexperts@federaltimes.com.

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