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05/29/08 - OPM SUSPENDS PORTION OF RetireEZ CONTRACT

Washington, DC - The U.S. Office of Personnel Management (OPM) today announced it has suspended work by Hewitt Associates on its part of the agency’s effort to modernize processing of Federal employee retirements. OPM issued a stop work order for the implementation of the calculation engine, one of the three components of the modernization project known as RetireEZ. In addition to the stop work order, OPM issued a show cause notice to Hewitt giving them 10 calendar days to respond to the performance issues OPM raised.

The other two components of RetireEZ, data conversion and change management, will continue unabated. Progress to date on those two components has already resulted in improvements in the Federal retirement processing. This foundation, when joined with a successful calculation engine, will enable all Federal employees to plan for and process their retirements electronically. Annuitants will not be adversely impacted by this action.

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Posted by admin on 08/11/08 | Print This Post Print This Post
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