Q & A Session – Laws Regarding Processing Time for Annuities

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Ask the Lawyer received the following question (paraphrased for easier reading and clarity) from a reader on a legal matter that might be of interest to the entire audience.

Q:

Is there any provision in the law regarding the processing time for annuities? I am 12 months into retirement and am still in interim pay status.

A:

Unfortunately, there is no time limit. The Office of Personnel Management (OPM) has been trying a lot of different techniques – including the recent hiring of an OPM Chief Technology Officer – to clean up the backlog.

Bill Bransford is managing partner of Shaw, Bransford & Roth, PC.

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