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You are here: Home Payroll UBM Info Record Retention Requirements Vietnam Era Veterans' Readjustment Assistance Act (VEVRAA)

Vietnam Era Veterans' Readjustment Assistance Act (VEVRAA)

by rlcoch01 last modified May 27, 2008 04:09 PM

Covered Employees:

Federal contractors and subcontractors with contracts of $100,000 or more.

Requirements:

Creation and maintenance of an affirmative action plan for covered veterans who, while serving on active duty in the Armed Forces, participated in a U.S. military operation for which an Armed Forces service medal was awarded pursuant to Executive Order 12985, and recently separated veterans.  Documentation is required, detailing:  (1) the number of employees in the contractor's workforce, by job category and hiring location, who covered veterans; (2) the number of covered veterans hired during the previous 12 months; and (3) this information must be reported annually and must also be recorded on the Vets-100 Report.

Retention Period:

Employers with fewer than 150 employees or a government contract of less than $150,000 must retain records for 1 year.  Employers with 150 employees or more and a government contract of at least $150,000 must retain records for 2 years.

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