The Michigan VETS-100 Report is a federal compliance requirement that pertains to employers who receive contracts from the federal government. It is a document specifically designed to collect data on the hiring, employment, and retention of protected veterans by certain covered federal contractors. Michigan VETS-100 Report is an essential report that ensures federal contractors' compliance with the Vietnam Era Veterans' Readjustment Assistance Act (VERSA). This legislation mandates that all federal contractors with contracts exceeding $100,000 must take affirmative action to employ and advance covered veterans. There are different types of Michigan VETS-100 Reports that employers may need to submit, depending on their specific circumstances. These include: 1. VETS-100 Report for New Contracts: When a federal contractor enters into a new contract exceeding $100,000, they must submit a VETS-100 Report. This report allows employers to provide information about their workforce, including the total number of employees and the number of protected veterans employed during the reporting period. 2. VETS-100 Report for Modified Contracts: If a federal contractor modifies an existing contract that now exceeds $100,000, they are also required to submit a VETS-100 Report. This report helps ensure the contractor's compliance with VERSA and tracks any changes in their veteran hiring and employment practices. 3. Annual VETS-100 Report: In addition to the reports mentioned above, federal contractors must also submit an annual VETS-100 Report. This report reflects the contractor's workforce data for the previous year and provides important data to assess the contractor's overall compliance with VERSA. The Michigan VETS-100 Report collects valuable information such as the total number of employees, total new hires, total number of protected veterans employed, and the number of covered veterans hired during the reporting period. Employers must provide specific data on disabled veterans and veterans who served during specific war eras as defined by the VERSA regulations. Submitting the Michigan VETS-100 Report is crucial for federal contractors to demonstrate their commitment to equal employment opportunities for protected veterans. By complying with the reporting requirements, employers contribute to the government's efforts to ensure that veteran employees are not subjected to discrimination and have fair employment opportunities. In summary, the Michigan VETS-100 Report is a vital compliance document for federal contractors under the VERSA. It helps track and assess the contractor's efforts in hiring and retaining protected veterans, ensuring they meet the affirmative action requirements mandated by the federal government. By submitting accurate and timely reports, employers contribute to fostering a fair and inclusive work environment for veterans.
Michigan VETS-100 Report
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How to fill out Michigan VETS-100 Report?
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The VETS-100A Report is now named the VETS-4212 Report. The VETS-100 Report is rescinded, rendering obsolete the VETS reporting requirements applicable to Government contracts and subcontracts entered into before December 1, 2003. The term covered veteran is replaced with the term protected veteran.
Veterans who have a 100% disability rating also can receive state-specific property tax reduction or exemption. Along with employment, education, training assistance, free or reduced vehicle registration, survivor and dependent benefits, and of course, VA disability compensation.
The VETS-4212 Report is due on September 30 annually. Federal contractors and subcontractors are encouraged to complete and submit the reports online through our VETS-4212 Reporting Application website.
The VETS-100A Report adopts the job categories used on the revised EEO-1 Report, while the VETS-100 Report has a single Officials and Managers job category. Source: US Department of Labor, Veterans' Employment and Training Service, .
The VETS-4212 Report should be filed if a business has a current federal government contract or subcontract worth $150,000 or more, regardless of the number of employees.
The VETS-4212 Report should be filed if a business has a current federal government contract or subcontract worth $150,000 or more, regardless of the number of employees.
The VETS-100A Report is now named the VETS-4212 Report. The VETS-100 Report is rescinded, rendering obsolete the VETS reporting requirements applicable to Government contracts and subcontracts entered into before December 1, 2003. The term covered veteran is replaced with the term protected veteran.
The Vietnam Era Veterans' Readjustment Act (VEVRAA) requires covered federal contractors and subcontractors to file the VETS-4212 Report. The VETS-4212 Report requires a company to indicate the type of contractual relationship that it has with the federal government.
Prior to 2002, the Vietnam Era Veterans' Readjustment Act (VEVRA) required federal contractors and subcontractors with contracts worth $25,000 or more to collect certain categories of data on the covered veterans in their workforce annually and report these data on the Federal Contractor Veterans' Employment Report
A disabled veteran in Michigan may receive a full property tax exemption on his/her primary residence if the veteran is 100 percent disabled as a result of service. The state also offers a homestead tax credit and property tax relief for active military personnel.