The American workforce is highly mobile, with workers relocating and changing employers often over the course of a career. However, local and state public health professionals face many barriers to mobility that impact public health's ability to attract and retain a skilled workforce. The lack of pension portability, or the ability of workers to take their pensions with them when they leave an employer, makes it difficult for public health leaders to move from state to state and thereby serve as sources of innovation and improved practice between jurisdictions. This grant supports the conduct of a scan of the 50 states to review the portability of pension benefits of public health leaders between and within states. This project will inform the Foundation's program strategy to create an environment in which public health is understood and valued. The deliverable for this project will be a white paper that will examine issues related to the pension portability for public health leaders, including the minimum amount of time required for pension benefits to be fully vested; whether defined benefit (including a review of benefits provided and age, years of service, and salary requirements) or defined contribution plans (including any contributions made by employers) are provided; whether systems allow the purchase of service credits for prior periods of employment in other jurisdictions; federal tax laws governing pension portability; and trends in portability in public employee retirement systems.
Amount Awarded $23,584.00
Awarded on: 12/9/2005
Time frame: 1/1/2006 - 6/30/2006
Grant Number: 56264