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Fed. retirement (OPM) — FY2023 spending

In fiscal year 2023, Fed. retirement (OPM) paid out $123B — 2.0% of the federal government’s $6.13T in total outlays — and obligated $234B.

That is $366/person and 0.46% of GDP.

Federal accounts

The 15 largest federal accounts under Fed. retirement (OPM) in FY2023. Hover an account name for its full official title. Shares are of this agency’s outlays, not of the federal total.

Fed. retirement (OPM) FY2023 outlays and obligations by federal account
Federal accountOutlaysObligationsShare of agency outlays
Civil Service Retirement and Disability Fund$104B$96B84.9%
Employees' Health Benefits Fund$65B$64B53.1%
Payment to Civil Service Retirement and Disability Fund$50B$50B40.7%
Government Payment for Annuitants, Employees' Health Benefits$14B$14B11.8%
Postal Service Contributions for Retiree Health Benefits$4.4B$4.4B3.6%
Employees' Life Insurance Fund$3.8B$3.8B3.1%
Salaries and Expenses$0.6B$0.7B0.5%
Revolving Fund, Undistributed SIBAC Chargebacks for Washington, DC$0.6B$0.6B0.5%
Government Payment for Annuitants, Employee Life Insurance Benefits$0.0B$0.0B0.0%
Salaries and Expenses, Office of Inspector General$0.0B$0.0B0.0%
Postal Service Health Benefits Program Implementation Fund$0.0B$0.1B0.0%
OPM Building Delegation Fund$0.0B$0.0B0.0%
Flexible Benefits Plan Reserve$0.0B$0.0B0.0%
Retired Employees' Health Benefits Fund$0.0B$0.0B0.0%
Emergency Federal Employee Leave Fund$0.0B$0.0B0.0%

Notes

Program-activity and object-class detail below these accounts is available in the interactive explorer and as JSON.