When Did Fers Begin?

When Did Fers Begin?

The Federal Employees' Retirement System is the retirement system for employees within the United States civil service. FERS became effective January 1, 1987, to replace the Civil Service Retirement System and to conform federal retirement plans in line with those in the private sector.

When did CSRS end and FERS start?

The Civil Service Retirement Act, which became effective on August 1, 1920, established a retirement system for certain Federal employees. It was replaced by the Federal Employees Retirement System (FERS) for Federal employees who first entered covered service on and after January 1, 1987.

When was FERS first implemented?

On June 6, 1986, Rresident Reagan signed the Federal Employees' Retirement System, Act of 1986 (Public Law 99-335). The legislation establishes the Federal Employ- ees' Retirement System (FERS) for employees hired after December 31, 1983, and for whom, generally, coverage is mandatory under social security.

James H. Sterling
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James H. Sterling

James Sterling reports on renewable energy developments, climate policy, ecological conservation, and green tech innovations around the globe.