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VETS 100 Reports – DOL Announces Changes

September 26, 2014 By Phil Akroyd

The DOL just announced a final rule has been published “revising Vets-100A and renaming it the VETS-4212 report.”

“The VETS-100 Report will no longer be used. The VETS-4212 Report requires contractors to report specified information on protected veterans in their workforce in the aggregate, rather than for each category of veterans protected under the statute, reducing the required reporting elements by almost half, from 82 to 42. Under VEVRAA, the term “protected veterans” includes: disabled veterans, veterans who served on active duty during a war or campaign for which a campaign badge was authorized, veterans who were awarded an Armed Forces Service Medal and recently separated veterans.

Under this final rule, the department will receive valuable information on the number of protected veterans employed by federal contractors and the job categories in which they work. We estimate that this rule will ultimately result in substantial savings for contractors – approximately $18.2 million over a 10-year period.  The final rule was published in the Federal Register, and it is available at https://federalregister.gov/a/2014-22818.”

Source: http://www.dol.gov/opa/media/press/vets/VETS20141802.htm

Filed Under: OFCCP, Veterans Tagged With: VETS 100, VETS 100A, VETS 4212

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