Retirement Numbers Continue Outpacing Projections
April 5, 2013
More than 10,000 federal employees submitted retirement claims in March — more than twice as many as the government expected.
According to statistics released Friday by the Office of Personnel Management, 10,183 feds retired last month. The government had predicted 5,000 feds would retire in March. And March’s retirement figures are well over the 7,090 who retired in March 2012.
Some experts think the continuing increases in monthly retirement figures show the government is experiencing a troubling retirement wave. So far, 52,744 employees have retired in 2013. That is almost 51 percent more than the 34,984 who retired in the first quarter of 2012, 66 percent higher than the 31,629 who retired in the first quarter of 2011, and nearly twice the number who retired in the first quarter of 2010.