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.
What Is the Federal Employees Retirement System (FERS) and How Does It Work? Unless you are a government employee, youâve likely never heard of the Federal Employee Retirement System (FERS), but if you work in the public sector or plan to in the near future, FERS is an acronym you will soon know well.