The Administration for Community Living (ACL) is soliciting proposals for its Pension Counseling & Information Projects to protect financial security in retirement directly supports ACL’s interests in promoting increased choice and greater independence among older adults.
Donor Name: Administration for Community Living (ACL)
State: All States
County: All Counties
Type of Grant: Grant
Deadline: 03/20/2023
Size of the Grant: $300,000
Grant Duration: 60 months
Details:
The activities of the program serve to enhance the financial, as well as the emotional, physical, and mental well-being of older adults, thereby increasing their capacity for independent choice with regard to health care and medication, nutrition, and living conditions, as well as planning for long-term care.
The Program significantly contributes to the overall mission of AoA in the following ways:
- Monetary recoveries help individuals achieve and maintain a steady income stream providing financial security, which in turn may allow them to remain in their homes and communities;
- Outreach information directly increases access of consumers on issues related to make informed decisions with respect to pensions and other employer-sponsored retirement plans.
- Direct information and advocacy services efficiently fill an important gap across a broad spectrum of need, since no single government agency has a comprehensive and person-centered formal responsibility to assist retirement plan participants.
- Program capacity is maximized through partnerships with community-based organizations and the aging network.
The goal of the Pension Counseling & Information Program is to reduce the risk of financial insecurity by empowering individuals through information, resources, and tools. The regional counseling projects promote an understanding of pension rights, and seeks to assist older adults in maintaining or achieving financial stability. This program strives to maximize the independence of older individuals, and empower them to make informed choices so that they can live well in retirement. Successful applicants will demonstrate a proven track record of advising and representing individuals who have been denied employer or union-sponsored pensions or other retirement savings plan benefits, and will have the capacity to deliver services on a regional basis. Successful applicants will also have a recognized history of serving older people who may be economically marginalized, with an emphasis on diversity, equity, and inclusion.
Funding Information
- Award Ceiling: $300,000
- Award Floor: $188,000
Length of Project Period
60-month project period with five 12-month budget periods
Eligibility Criteria
For FY 2023 the below guidance is provided to advance the Administration’s policy, as stated in E.O. 13985, to “pursue a comprehensive approach to advancing equity for all, including people of color and others who have been historically underserved, marginalized, and adversely affected by persistent poverty and inequality.” This guidance is intended to begin to address inequities in HHS programs, processes, and policies that may serve as barriers to equal opportunity. By advancing equity in our NOFOs, they can “create opportunities for the improvement of communities that have been historically underserved, which benefits everyone.”
Domestic public or private non-profit entities including state and local governments, Indian tribal governments and organizations (American Indian/Alaskan Native/Native American), faith-based organizations, community-based organizations, hospitals, and institutions of higher education, with a proven record of advising and representing individuals who have been denied employer or union-sponsored retirement income benefits, and which have the capacity to deliver services on a regional basis.
Individuals, foreign entities, and sole proprietorship organizations are not eligible to compete for, or receive, awards under this announcement.
Faith-based and community organizations that meet eligibility requirements are eligible to receive awards under this funding opportunity announcement.
For more information, visit Grants.gov.
