Federal Employees Continue to Retire in Greater Numbers Than in Previous Years

The trend that began over a year ago of Federal employees continue to file for retirement at an increased pace compared with recent years is ongoing.

According to statistics from the Office of Personnel Management, 7,510 federal workers filed for retirement in November. That figure is a 34 percent increase over the same month in 2017, when 5,572 employees retired.

Statistics show that for the last two months there seems to be a continuation of increasing numbers of workers leaving the civil service. A study of fiscal year 2018, which ended on Sept. 30 show retirements were up 24 percent from the previous year.

If you are among those Federal Employees that has retired or is planning to retire, you will want to consult with an expert first to inquire about your federal benefits, insurance plans, and retirement strategies. Call The Benefit Coordinators today and make an appointment with one of our federal benefit coordinators. We have been helping retirees from the Federal Government with their federal retirement plans for years and we have the answers you are looking for. There is no charge so contact us today!