A new trend in Employee Benefits is to offer incentives for healthy behaviors, such as a lower medical premium contribution for non smoking employees. To read more about implementing a wellness program, please read the article in this month’s Foster Thomas newsletter.
Additional information regarding benefit trends can be found on the HR Webcenter (http://www.hrwebcenter.com/).
Monday, October 20, 2008
Tuesday, October 14, 2008
VETS issue final regulations for Vets-100A
Effective June 18, 2008, the new VETS-100A report is required of all Federal Contractors with federal government contracts of at least $100,000, where at least one contract was entered into or modified on or after December 1, 2003. The final regulations do not affect the current VETS-100 form, which must be completed by contractors with federal government contracts of at least $25,000. Some contractors will need to complete both forms.
The VETS100A must be filed in the 2009 reporting cycle. All contractors are expected to file the Vets-100 report as usual in 2008. The VETS 100 categories remain as follows:
1. Special Disabled Veterans – veterans having a 10-20% serious employment handicap or a disability rated 30% or more by the Department of Veterans Affairs)
2. Veterans of the Vietnam era
3. Recently Separated Veterans (those who have been discharged or released from active duty within one year)
4. Other Veterans - those who served on active duty during a war, campaign or expedition for which a campaign badge was authorized.
The VETS-100A categories are as follows:
1. All Disabled Veterans; - a veteran of the U.S. military, ground, naval or air service who is entitled to compensation under laws administered by the Secretary of Veterans affairs; or a person who was discharged or released from active duty because of a service-connected disability.
2. Recently Separated Veterans - those who have been discharged or released from active duty in the last three years
3. Armed Forces Service Medal Veteran - Veterans who served on active duty in the U.S. Armed Forces during a U.S. military operation for which an Armed Forces service medal was awarded pursuant to Executive Order 12985
3. Other Protected Veterans – veteran who served on active duty in the US military, ground, naval or air service during a war or in a campaign or expedition for which a campaign badge has been authorized under the laws administered by the Department of Defense.
The VETS100A must be filed in the 2009 reporting cycle. All contractors are expected to file the Vets-100 report as usual in 2008. The VETS 100 categories remain as follows:
1. Special Disabled Veterans – veterans having a 10-20% serious employment handicap or a disability rated 30% or more by the Department of Veterans Affairs)
2. Veterans of the Vietnam era
3. Recently Separated Veterans (those who have been discharged or released from active duty within one year)
4. Other Veterans - those who served on active duty during a war, campaign or expedition for which a campaign badge was authorized.
The VETS-100A categories are as follows:
1. All Disabled Veterans; - a veteran of the U.S. military, ground, naval or air service who is entitled to compensation under laws administered by the Secretary of Veterans affairs; or a person who was discharged or released from active duty because of a service-connected disability.
2. Recently Separated Veterans - those who have been discharged or released from active duty in the last three years
3. Armed Forces Service Medal Veteran - Veterans who served on active duty in the U.S. Armed Forces during a U.S. military operation for which an Armed Forces service medal was awarded pursuant to Executive Order 12985
3. Other Protected Veterans – veteran who served on active duty in the US military, ground, naval or air service during a war or in a campaign or expedition for which a campaign badge has been authorized under the laws administered by the Department of Defense.
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