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.
(For more information, see Workerâs Compensation for Federal Government Employeess.) The Office of Personnel Management (OPM), on the other hand, is the federal agency that administers disability retirement benefits for employees of the federal government. Employees who are disabled and no longer able to work may apply for early retirement, regardless of whether the disability is work-related.