What are LiLAs

1
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.

2
Who Pays for Adult Learning?
Informal Analysis by Ford Foundation
3
LiLA Components Include

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

4
Sample Uses

• ESL
• Nursing
• Culinary Arts
• Electronics
• Management
• Accounting
• Computers
• Quality Assurance

5
CAELs Policy Strategy

• Proposal for a federal LiLA demonstration
• State level policy
• Constituency building

6
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

7
State Policy

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

8
National LiLAProject 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