The Office of Personnel Management released earlier this month the number of federal employees filing retirement claims is on the increase.
Between January and July 2017, 59,987 federal employees had filed retirement paperwork with OPM. But over the same period this year, that number increased to 69,340.
One in seven federal workers is eligible to retire today, a rate that reaches as high as one in five at a few agencies. The Housing and Urban Development Department, the Environmental Agency and NASA are the federal agencies with the highest proportion of employees eligible to retire.
What Does This Mean?
If you are in the process of filing a retirement claim or thinking about retiring don’t wait any longer to sign up for GPIS’ FREE Retirement Analysis. We provide professional, practical and individual information in the complex field of retirement planning.