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Center for Workers with Disabilities Conference Linking Asset Development Strategies for People with Disabilities Michael Morris Associate Director, Law, Health Policy, and Disability Center (LHPDC) University of Iowa Director, National Disability Institute NCB – Development Corporation [email_address] (202) 521-2930 November 2004
Even when people with disabilities are employed, they earn substantially less than their non-disabled peers, roughly 72% to the dollar (NCD 1996 Report)
Public assistance represents 59% of the total income of people with significant disabilities and only 8% of the total income of people who have no disability. (Harris Survey 2002)
On a National level, 1.8 million SSI recipients with disabilities between the ages of 18 and 64 have no banking relationship; 50.7% of SSI recipients do not currently direct deposit their monthly checks. (SSA 2002)
Establish an Interdepartmental Work Group with consumer and family participation to design a policy friendly environment and infrastructure to support pilot testing of IDAs and blended self-directed accounts.
Reach agreement on the scope and boundaries of each program/benefit that may be bundled in a self-directed account.