Legislative Update – Federal Contractor Veteran’s Employment Reports VETS-4212
For complete information on planned functionality as well as PeopleSoft's Position Statement on VETS-4212, see Document ID 1983041.1
The U.S. Department of Labor published a final rule that reduces reporting requirements for federal contractors and subcontractors who hire and employ veterans under provisions of the Vietnam Era Veteran’s Readjustment Assistance Act of 1974. The final rule revises the VETS-100A Report and renames it to VETS-4212 Report. The new VETS-4212 Report requires contractors to report specific 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.