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Financial Wellness Research

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Fact Sheets & Case Studies

In September 2020, MissionSquare Research Institute (formerly the Center for State and Local Government Excellence), the International Public Management Association for Human Resources (IPMA-HR), and the National Association of State Treasurers Foundation (NASTF), with funding from the Wells Fargo Foundation, were awarded a total of $1.4 million in grants to establish or improve public employee financial wellness programs. 

Over the past year, the 24 grantees, representing a broad array of state and local employers from 17 states, the District of Columbia, and the U.S. Virgin Islands, have been working to develop, implement, and evaluate these initiatives. The following fact sheets provide a summary of each jurisdiction’s financial wellness program, and include information on:

  • Jurisdiction background,
  • Program basics,
  • Key program components,
  • Program evaluation,
  • Key takeaways, lessons learned, and future plans, and
  • Point of contact. 

In addition to highlighting the range of programs that the jurisdictions implemented (with varying budgets, workforce sizes, high-tech vs. high-touch approaches, tailoring to specific segments of the workforce), the fact sheets provide ideas, advice, and networking opportunities for other state and local governments that have implemented or are considering developing an employee financial wellness program.

In-depth case studies on five jurisdictions were released in February 2022.  Click on the map pins below to see the individual reports or download the entire report. 

Financial Wellness Map 

Click any marker on the map below to view a snapshot of that organization’s program, along with its Financial Wellness Factsheet.  Green markers indicate programs with case studies.  You can download the entire report with all of the fact sheets or case studies in a single PDF.

Press Releases:

FinWell partners announce 5 in-depth case studies February 24, 2022 press release. 

FinWell partners announce 24 case studies January 13, 2022 press release. 

Press/media:

Lessons Learned From Public Employee Financial Wellness Programs, Plansponsor. 2/15/22

$1.4M financial wellness grant program for public organizations yields success, American City and County. 1/18/22

New Financial Wellness Fact Sheets Demonstrate How 24 Public Sector Employers Have Implemented Programs to Improve the Financial Health of Employees, Yahoo Finance & Morningstar. 1/13/22.