The Employer's Legal Resource: It's That Time of Year Again - VETS Reporting. Are You Sure You Are in Compliance?
The Vietnam Era Veterans' Readjustment Assistance Act, better known as VEVRAA, requires all federal contractors and subcontractors to report annually to the Secretary of Labor the number of employees and new hires in their workforces, by job category and hiring location, who are qualified covered veterans under VEVRAA.
Federal contractors and subcontractors are required to fill out either a VETS-100 or VETS-100A form.
The VETS-100 form applies to employers with federal contracts that were entered into before December 1, 2003 and have a value of $25,000.00 or more.
The VETS-100A form applies to employers with federal contracts entered into on or after December 1, 2003 in the amount of $100,000.00 or more.
Employers with federal contracts that do not meet the applicable monetary thresholds are not required to file VETS forms. Employers with contracts which fall into both categories are required to file both forms. A government contract means any agreement or modification thereof between any person and a department, agency, establishment or instrumentality of the United States for the purchase, sale, or use of personal or non-personal services.
September 30, 2012 is the filing deadline for both the VETS-100 and VETS-100A reports for the preceding year. The DOL accepts VETS reports from July 1 through September 30 and encourages online submissions. Click here to access the VETS website.
For answers to other frequently asked questions regarding VEVRAA, click here.
For 2010 VETS-100 and VETS-100A forms, click here.
If you have any questions regarding compliance, don't hesitate to contact our Labor and Employment Group.
By Kenneth T. Short, email@example.com