OFCCP has published the 2016 Annual Vietnam Era Veterans’ Readjustment Assistance Act (VEVRAA) Benchmark on its Web site based on data released by the Bureau of Labor Statistics (BLS) on March 4, 2016. The benchmark – 6.9 percent – is effective as of that BLS release date.
Contractors who adopted the previous year’s national benchmark of 7 percent after March 4, 2016, but prior to this announcement may keep their benchmark at 7 percent. Going forward, the effective date for the Annual VEVRAA Benchmark will match the date that BLS publishes the data from which OFCCP calculates the Annual VEVRAA Benchmark – around the beginning of March.
Effective dates for all Annual VEVRAA Benchmarks are available at http://www.dol.gov/ofccp/regs/compliance/AnnualVEVRAABenchmarkEffectiveDates.htm.