To earn the prestige associated with the CPA license, you are required to demonstrate knowledge and competence by meeting high educational standards, passing the CPA exam and completing a specific amount of general accounting experience.
Federal Employees Retirement System (FERS) Program Description. Congress created the Federal Employees Retirement System (FERS) in 1986, and it became effective on January 1, 1987. Since that time, new Federal civilian employees who have retirement coverage are covered by FERS.
Quick Links. The Nevada System of Higher Education (NSHE) implemented the FICA alternative plan, effective July 1, 2005, which is administered by the stateâs Deferred Compensation Committee. The plan is for current and future NSHE employees who contribute to the FICA portion of Social Security. The stateâs FICA alternative plan will allow affected employees to accumulate retirement benefits in a manner different from Social Security. The FICA alternative plan is mandatory for all part-time, seasonal, temporary, and casual employees.