What are LiLAs? Lifelong Learning Accounts (LiLAs) are individual asset accounts to finance lifelong learning so that workers can upgrade their skills.

Slides:

Advertisements

Similar presentations

Commercial and Mixed-Use Development Nonprofit Commercial projects Types of Financing DEBT Senior Debt –Bank Loan –Bond Financing Subordinate Debt –Community.

Advertisements

Maines LiLA Program Lifelong Learning Accounts. Why LiLA for Maine? Maine had a higher share of high school graduates than the nation in 2000 (85.4 to.

COOK INLET TRIBAL COUNCIL, INC. EMPLOYMENT & TRAINING SERVICES DEPARTMENT INDIVIDUAL DEVELOPMENT ACCOUNTS Assets for Independence Demonstration Program.

Re-engaging High School Dropouts: A Workforce and Economic Development Strategy for Pennsylvania and Delaware County Bill Bartle Youth Policy Director.

Developing Sophisticated Financial Consumers Karen Murrell Senior Research Fellow, Asset Building Program National League of Cities.

Lifelong Learning Accounts CEDEFOP Seminar on Individual Learning Accounts January 31, 2008.

Master Plan Committee Workforce and Economic Development July 11, 2002 Hillsborough Community College Tampa Council for Education Policy, Research and.

Training/Technical Assistance RFP information. American Recovery and Reinvestment Act grant U.S. Department of Health & Human Services (HHS) Administration.

WELCOME TO A NATIONAL DISABILITY INSTITUTE 30 SECOND TRAINING.

Using Lifelong Learning Accounts to Enhance Services for Incumbent Workers Research Showcase 2005 Amy Sherman CAEL Larinda.

88 Broad Street | Boston | MA | | Boston Workforce Development Initiative Systems Reform.

Board Recruitment Information Let’s get to work. Private, non-profit organization Volunteer Board of Directors Oversee workforce initiatives Partner with.

Let’s get to work. Brevard Workforce Board Recruitment Information.

Sherry A. Key, Director Alabama State Department of Education Career and Technical Education Section Sherry A. Key, Director Alabama State Department of.

Lifelong Learning in the U.S. 1 NCWE Conference October 2013 Amy Sherman.

Jennifer Phillips May 22, I haven’t worked in the trenches launching or running programs since But the best thing about being a program officer.

COJG Canada-Ontario Job Grant EMPLOYER TRAINING PRESENTATION Employment and Training Division, Ministry of Training, Colleges and Universities CANADIAN.

1 A One Stop Shop for Small Business Roberto E. Barragan President, VEDC, Inc. Presentation to NALCAB

Asset Development and Financial Literacy 1 Thinking with parents, family members, advocates and people with disabilities… About available programs that.

Bridging the Finance Gap Terri Smith Environmental Liability Management, Inc.

FREE APPLICATION FOR FEDERAL STUDENT AID FAFSA. WHAT IS THE FAFSA? Free Application for Federal Student Aid Administered by the office of Federal Student.

Community Benefit Sharing Responsibility, Improving Community Health Kristin D. Wilson, PhD, MHA Department of Health Management and Policy Saint Louis.

Washington State Department of Community, Trade and Economic Development Affordable Housing Cost Study May 15, 2009.

State Data and Policy Indicators on Adult Learners: New Tools for Decision Makers Cheryl Blanco Vice President for Lifelong Learning Policy and Research.

Asset-Building: A Framework & Survey of Issues Prepared by Denise DeVaan, DeVaan & Associates, LLC.

Creating a New Vision for Kentucky’s Youth Kentucky Youth Policy Assessment How can we Improve Services for Kentucky’s Youth? September 2005.

1 HempsteadWorks Business Services Ann Steinger Chairperson Workforce Investment Board.

Designing and Implementing a Savings Campaign in Texas RAISE Texas Summit Federal Reserve Bank of Dallas—Houston Branch October 29, 2012 Laura Rosen.

Lifelong Learning Accounts: Creating a Partnership in Lifelong Learning June 2006.

Using NCCP’s Family Resource Simulator to Improve Policies for Low-Income Families Nancy K. Cauthen, PhD Acting Deputy Director NGA Center for Best Practices:

Getting Down to Business: Community Colleges and the Business Community Working Together California’s EDGE: Keeping California Competitive, Creating Opportunity.

Building A Skilled Workforce. Pennsylvania’s Workforce Development System 22 Workforce Investment Boards 22 Workforce Investment Boards 69 Pennsylvania.

NCWE: National Council for Workforce Education  An affiliate council of the American Association of Community Colleges (AACC)  A national forum for administrators,

PRISM Workforce System Performance Measures Program Experts Work Group May 7, 2014 Workforce Data Quality Initiative Grant.

Children’s Savings Accounts: A New Strategy on the Road to Universal Savings Policy Carl Rist, CFED 2003 State IDA Policy Conference St. Louis, MO November.

WORKFORCE STRATEGY CENTER COLLEGE AND CAREER TRANSITIONS INITIATIVE NEW YORK, NEW YORK MARCH 5, 2005.

West Oakland Specific Plan Equity Strategies. Potential impacts of new development and investment on existing West Oakland community New development &

Serving the Adult Learner: Increasing Opportunities & Improving Lives Karen Steinberg Executive Vice President Council for Adult & Experiential Learning.

Keeping California Competitive, Creating Opportunity.

So You Want to Do IDAs? Starting Your Own Program Megan O’Neil WID.

Asset Building Strategies Mayors and Working Families: City Human Service Officials May 2, 2005.

Registered Apprenticeship Talent Development Tool for the Workforce Investment System Your Name U.S. Department of Labor Office of Apprenticeship Your.

Bridges to College and Career: Gateways, Career Advancement Academies, I-BEST and More Grant Funders for Education Linda Collins Executive Director CLP.

Gulf Coast IT Consortium U.S. Department of Labor Employment and Training Administration Trade Adjustment Assistance Community College Career Training.

Building a Workforce Development Community: A Practitioners’ Forum Investment, Accountability, and Impact Brian S. Lyght The Annie E. Casey Foundation.

Building Bridges and Pathways to College and Careers Linda Collins Executive Director CLP January 24, 2008.

Oregon’s Approach: Policies and Practices that Link Economic and Workforce Development NGA Policy Advisors Institute September 19, 2005.

1 Comprehensive Health Care Reform in Vermont: The Policy and Politics Jim Maxwell, PhDHerb Olson, JD JSI Research & Training Institute, Inc. Vermont Department.

IDAs in the States State Policy Trends for Individual Development Accounts (IDAs) States and IDA Policy: Knowledge Building, Networking and Creating.

©2011, Levi Strauss & Co. THE LEVI STRAUSS FOUNDATION International Asset Building Portfolio.

Workforce 2.0 Sharpening the Competitive Edge in Human Capital The Honorable Richard Daley Mayor of Chicago January 24, 2007 Pamela Tate President & CEO,

Bank on Initiatives Make Sense. “Bank on” Background Bank On-type programs, when correctly implemented, can benefit banks, community groups, government.

WORK. You’ll probably spend at least 1/3 of your life at work … maybe 1/2.

Self-Employment Strategic Service Delivery Component Disability Employment Initiative.

Accelerating Adoption of Sector Strategies A State Policy Development Assistance Project Funded by The Ford and C. S. Mott Foundations February 24, 2006.

Presented by Chris Venne, Development Finance Manager Workforce Housing: Tools That Work.

Age Appropriate Assessments: A Necessary Component to Transition.

 Foundations  Non-profit organizations organizations  Corporations  Government agencies.

PERKINS IV AND THE WORKFORCE INNOVATION AND OPPORTUNITY ACT (WIOA): INTERSECTIONS AND OPPORTUNITIES.

Pathways to College & Careers for Washington’s Emerging Workforce Accelerated Pathways, Increased Opportunities WIOA Transition Washington Basic Education.

Developmental Disabilities Life Opportunities Trust Washington State Developmental Disabilities Endowment Trust Fund.

Asset Building 101: Why the Asset Building Movement Matters for Coops 2010 ACE Institute Cleveland, Ohio July 29th, 2010 Presentation by Heather McCulloch.

11 Green Workforce Development Lessons Learned November 30, 2010.

ACCEL 1 ESL Providers Network (EPN) Adult English Language Acquisition Cohort March 13, 2015.

FINANCIAL INCLUSION AND SHARED PROSPERITY: THE NEXT FRONTIER Michael Morris Executive Director National Disability Institute June 2, 2016.

Workforce Investment System Authorized by Workforce Investment Act – federal legislation, 1998 Authorized by Workforce Investment Act – federal legislation,

Overview of Market Participants and Financial Innovation

Recruitment & Hiring Strategies

The Michigan State. University Extension. Earned Income Tax Credit

Presentation transcript:

What are LiLAs? Lifelong Learning Accounts (LiLAs) are individual asset accounts to finance lifelong learning so that workers can upgrade their skills and knowledge to achieve their career goals. The vision is for any individual worker to contribute to these accounts and be matched by employers and, in some cases, third parties.

Who Pays for Adult Learning? Informal Analysis by Ford Foundation

LiLA Components Include: Universal LiLA eligibility Employer Based Portable Contributions from Individuals, Employers and, potentially, Third Parties Voluntary Participation Informed Choice

Sample Uses ESL Nursing Culinary Arts Electronics Management Accounting Computers Quality Assurance

CAEL’s Policy Strategy Proposal for a federal LiLA demonstration State level policy Constituency building

Proposed Federal LiLA Demonstration Key Recommendations: Use tax credits as third-party financing mechanism for a national system of LiLAs Serve up to 200,000 individual workers in 10 states Build in a larger tax incentive to workers earning $75,000 or less Through corporate tax credits, encourage employers of all sizes to match individual contributions, including non-profits Provide technical assistance to participating companies and advising to individual LiLA holders Test the LiLA model at a much larger scale

State Policy Target two or three key states for LiLA program Build state-based support for federal demonstration

National LiLA Project Sponsors Ford Foundation Annie E. Casey Foundation Bank of America Foundation Chicago Community Trust City of Fort Wayne Olive B. Cole Foundation Evelyn and Walter Haas, Jr. Fund Walter and Elise Haas Fund Friedman Family Foundation Richard and Rhoda Goldman Fund Grand Victoria Foundation Hewlett Foundation Indiana Department of Workforce Development Indiana Northeast Development Levi Strauss Foundation Lincoln Financial Group Foundation, Inc. Noble County Community Foundation, Inc. Northeast Indiana Workforce Investment Board (in-kind contributions) Polk Bros. Foundation San Francisco Foundation Steuben County Community Foundation