WASHINGTON, Oct. 1, 2020 /PRNewswire/ — As many state and local employees face increased financial challenges and stress amid the coronavirus pandemic, a new report provides examples of two local jurisdictions that have successfully implemented financial literacy and education programs to help improve the financial security of their workforce and the surrounding communities.
Sponsored by the Wells Fargo Foundation and conducted by the Center for State and Local Government Excellence (SLGE), Case Studies Of Successful Local Government Financial Wellness Programs, is available here.
The report highlights two local governments that have successfully implemented financial wellness programs to address the needs and preferences of their respective workforces – one in Twin Lakes, Wisconsin, and the other in Denver, Colorado. The case studies describe the programs implemented, outcomes, challenges each jurisdiction faced, and lessons learned.
While the geographic and demographic characteristics of the two jurisdictions and their approaches