The U.S. Office of Personnel Management (OPM) initiated the rollout of the Federal Government's new retirement administration process. Employees in Wave 1 agencies will are now able to view their retirement benefits online via a system called RetireEZ.

"Federal employees who have committed their lives to serving America deserve the best, most accurate retirement processing system available," said OPM Director Linda M. Springer. "RetireEZ moves federal agencies from a labor-intensive, paper-based process to a modern, electronic system that contains all the federal and military service records needed to compute the annuities of federal employees."

The first wave of users able to access the new system cincludes 26,000 employees in agencies serviced by the General Services Administration's (GSA) payroll processing center. These agencies include OPM, GSA, the National Archives and Records Administration, and the Railroad Retirement Board.

Subsequent rollouts will cover the remainder of the Executive Branch, the U.S. Postal Service and the Legislative and Judicial Branches, with the fifth and final rollout scheduled for February 2009.  Read more