Using Lifelong Learning Accounts to Enhance Services for Incumbent Workers

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Using Lifelong Learning Accounts to
Enhance Services for Incumbent Workers
Attend the Workshop on Tuesday, July 12,
330-445 pm, in Rm 103A to hear more about
LiLAs and the early experiences of Maine in
implementing this new strategy.
Amy Sherman CAEL asherman_at_cael.org www.cael.org
Larinda Meade Garret Oswald State of Maine,
Department of Labor

• Research Showcase 2005

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What are LiLAs?

• Lifelong Learning Accounts (LiLAs) are individual
  asset accounts to finance lifelong learning so
  workers can upgrade their skills and knowledge to
  achieve career goals. Individual workers
  contribute to these accounts and are matched by
  employers and, in some cases, third parties.
• LiLAs give all workers access to lifelong
  learning.

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

• Employees
• Pursue degree
• Obtain additional training and knowledge
• Continue education
• Learn new or different skill
• Increase earning potential

• Employers
• Way to provide affordable benefit
• Improve skill set of workers
• Improve employee morale
• Increase retention of employees

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State of Maine Pilot

• Maine received an ETA grant to implement LiLAs
  statewide
• LiLAs will be offered to incumbent workers in at
  least two high growth industry sectors
  Hospitality and IT
• Goal is to enhance mix of services to connect
  employers, incumbent workers, community
  organizations, educational providers, and
  new sources of revenue to finance skills
  upgrades, education, and training
• Project based on experiences of CAELs ongoing
  demonstration, but Maine focuses on One-Stops
  taking the lead role in establishing a
  state-based delivery system to support
  LiLAs

Attend the Workshop on Tuesday, July 12,
330-445 pm, in Rm 103A, to learn more about the
early experiences of this new strategy to help
incumbent workers upgrade their skills and
education.