Pending retirement applications fell in April

Pending retirement applications fell for the 7th month in a row, despite the fact that new retirement applications almost doubled in April, a report by the Atlas system said on Thursday.

Specifically, a total of 18,531 retirement applications were completed in April, up from 7,071 in April 2020 and 10,633 in April 2019, an increase of 162% and 74%, respectively. New retirement applications totaled 13,058 in April, up from 6,545 in the same month last year.

The number of pending retirement applications fell to 132,605 in April, from 137,915 in March and 170,280 in April last year.