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05/17/2013
PA Treasurer McCord Returns More Than $3,000 in Unclaimed Property to Goodwill of Southwestern Pennsylvania
During a visit today to the headquarters of Goodwill of Southwestern Pennsylvania, State Treasurer Rob McCord presented officials with a mock check representing the more than $3,000 in unclaimed property the organization claimed earlier this year. The Treasurer noted that $180 million in lost and forgotten money and valuables is available to claim by residents, businesses and organizations in the eight-county region served by Goodwill of Southwestern Pennsylvania. Learn more...
05/15/2013
Nearly $90,000 in Lost and Forgotten Money Available for Claim, Treasurer McCord Reminds Law Enforcement Officials during National Police Week
During the week designated to honor the men and women who protect our communities, State Treasurer Rob McCord reminded law enforcement units that there could be additional money to support their important work waiting for them at www.patreasury.gov. Learn more...
05/15/2013
Treasurer McCord Proud to Accept National Award for Keystone HELP
State Treasurer Rob McCord expressed appreciation to State and Local Energy Report for recognizing the achievements of Pennsylvania’s Keystone Home Energy Loan Program (Keystone HELP) as the magazine announced the winners of its fifth annual Residential Energy Efficiency Awards today. Learn more...
05/13/2013
Treasurer McCord to PA Hospitals, Health Care Organizations: More Than $3 Million in Unclaimed Property Available to Claim
Pennsylvania hospitals, health care providers and related organizations could be owed some of the $3 million in unclaimed property identified by Treasury’s Return Team during National Hospital Week, State Treasurer Rob McCord announced today as he encouraged health care professionals to search patreasury.gov to see if any belongs to their facilities. Learn more...
05/01/2013
PA Treasurer McCord Stresses Need for Greater Corporate Board Diversity Following Latest GMI Ratings Report
Pennsylvania State Treasurer Rob McCord today continued his call for greater gender diversity on corporate boards after the global research firm GMI Ratings released its annual “Women on Boards” report, which showed little progress in the U.S. over the past year. Learn more...
04/30/2013
Treasurer McCord Disputes Governor Corbett’s Unemployment Analysis
State Treasurer Rob McCord took issue today with Gov. Tom Corbett’s recent characterization of Pennsylvania’s employment picture as “better than other states” and with the governor’s assertion that the state’s declining jobs level is due to the unemployed being unable pass drug tests. Learn more...
04/15/2013
Treasurer McCord Seeks to Return $232,000 in Unclaimed Property to Libraries, Bookstores and Literacy Organizations During National Library Week
More than $232,000 in unclaimed property is waiting to be claimed by libraries, books stores and literacy organizations across Pennsylvania, State Treasurer Rob McCord announced today during National Library Week. Learn more...
04/04/2013
Important Deadline for Employers: Annual Unclaimed Property Reports Due by April 15 Businesses and organizations have until April 15 to report dormant financial assets and unclaimed tangible items to the Pennsylvania Treasury. This important annual deadline allows Treasury to return unclaimed property to the rightful owners or heirs. Learn more...
03/27/2013
Treasurer McCord, Senator Corman Seek Return to State of PSU Penalties
State Treasurer Rob McCord today joined state Senator Jake Corman (R-Centre County) in suing the National Collegiate Athletic Association (NCAA) to recover the first installment of $12 million dollars in penalties that Penn State University paid in the wake of the Jerry Sandusky child sexual abuse case. A state law enacted earlier this year requires the money to be deposited into an endowment fund under the custodianship of Treasurer McCord. The suit was filed in Commonwealth Court. Learn more...
03/15/2013
Treasurer McCord Reminds Unemployment and Workers’ Comp Recipients to Activate New Debit Card
State Treasurer Rob McCord today reminded those receiving unemployment compensation or workers’ compensation payments through a debit card to activate their new gold-colored card as soon as they receive it. Learn more...
03/14/2013
Treasurer McCord Asks Federal Court to Wait for State Resolution of Penn State/NCAA Case
State Treasurer Rob McCord today asked a federal court to refrain from considering the National Collegiate Athletic Association’s (NCAA) lawsuit challenging control of Penn State University sanction funds until related pending state and federal court proceedings are resolved. McCord also signaled his intention to defend vigorously the state legislature’s attempt to spend those funds on sex abuse victim and prevention programs within Pennsylvania. Learn more...
03/14/2013
Treasurer McCord: Huntingdon County Family Wins $529 PA 529 College Savings Account
According to the recent study, How America Saves for College 2013, when asked about saving for college most families surveyed said they felt overwhelmed. For one Huntingdon family, getting started just got a little easier. Learn more...
3/12/2013
PA Treasurer McCord: This St. Patrick’s Day, You Don’t Need the “Luck of the Irish” to Claim What’s Yours with Treasury’s Unclaimed Property Program
You may not be Irish, but you will certainly smile this St. Patrick’s Day if you find unclaimed property in your name at www.patreasury.gov, State Treasurer Rob McCord said today as he reminded Pennsylvanians that their very own pot of gold could await them for free in Treasury’s database. Learn more...
3/7/2013
Treasurer McCord, National Experts Call Home Energy Efficiency Loan Sale a Milestone for Attracting Private Capital, Creating Secondary Market
The Pennsylvania Treasury recently sold several thousand loans made through its nationally recognized Keystone Home Energy Loan Program, according to State Treasurer Rob McCord. The sale, one of the first of its kind in the country, also marked an important milestone in national efforts to develop a secondary market for such loans. Learn more...
3/5/2013
Treasurer McCord Sees Court Ruling as Victory for Working Poor
State Treasurer Rob McCord issued the following statement today regarding Commonwealth Court’s ruling that the transfer of money from the adultBasic program and the Medicaid for Disabled Workers program in 2010 and 2011 was unconstitutional: Learn more...
3/1/2013
PA Treasurer McCord Returns More Than $73,000 in Unclaimed Property to Volunteer Firemen’s Relief Association of Reading
More than $20.3 million in unclaimed property is available to claim in Berks County, State Treasurer Rob McCord announced today as he presented officials of the Volunteer Firemen’s Relief Association of Reading with a mock check representing more than $73,000 in property the organization claimed last year. Learn more...
2/25/2013
PA Treasurer McCord Returns More Than $17,700 in Unclaimed Property to United Steelworkers
State Treasurer Rob McCord returned more than $17,700 in unclaimed property to the United Steelworkers today, as he encouraged businesses and organizations across Pennsylvania to search www.patreasury.gov to see if they too are owed some of the $1.9 billion in unclaimed property Treasury currently holds. Learn more...
2/14/2013
Treasurer McCord Issues Statement on Attorney General’s Rejection of Lottery Management Contract
State Treasurer Rob McCord issued the following statement on Attorney General Kathleen Kane’s announcement today that she would not approve the Corbett Administration’s contract to turn management of the Pennsylvania Lottery over to a private company:
“I commend the Attorney General for her independent review and subsequent rejection of the administration’s attempt to expand gambling through the state contracting process. Learn more...
2/14/2013
During Black History Month, PA Treasurer McCord Says Nearly $62,200 in Unclaimed Property Owed to African American Organizations, Institutions
The Pennsylvania Treasury currently holds nearly $62,200 in unclaimed property that belongs to African American organizations and institutions, State Treasurer Rob McCord said today as he encouraged these groups to search and claim what is theirs. Learn more...
2/12/2013
Pennsylvania Treasury, Department of Auditor General Celebrate Black History Month
State Treasurer Rob McCord and Auditor General Eugene DePasquale today honored and celebrated the history, culture, and innumerable contributions of African Americans to society during an event to recognize Black History Month. Today’s event, which was held at the Forum Auditorium in Harrisburg, marks the 17th consecutive year the two agencies have sponsored such a program. Learn more...
2/11/2013
PA Treasurer McCord: Become “Claimant-in-Chief” This Presidents Day – Search Treasury’s Unclaimed Property Database
Ulysses S. Grant and Dwight D. Eisenhower are not just past commanders-in-chief, they are also Pennsylvanians who have unclaimed property waiting for them at the Pennsylvania Treasury, State Treasurer Rob McCord said today as part of an ongoing effort to reunite property with the rightful owners. Learn more...
1/29/2013
Pennsylvania Treasury’s Debit Card Program Earns Top Ranking from National Consumer Group
Pennsylvania was one of only three states to receive the highest rating for its unemployed workers prepaid debit card program in a report released today by the National Consumer Law Center (NCLC). Pennsylvania joined California and New Jersey in earning “two thumbs up.” The report devotes an entire page to highlighting the features of Pennsylvania Treasury’s new card program. Learn more...
1/29/2013
Treasurer McCord: Higher Tax Deduction Makes 2013 Great Time to Open a PA 529 College Savings Plan
With the state income tax deduction for 529 college saving plan contributions now at $14,000 per person, per beneficiary, per year, Pennsylvania Treasurer Rob McCord called 2013 a great year to open and contribute to these tax-advantaged savings plans. Learn more...
1/29/2013
Cupid’s Arrow Points to Great Valentine’s Gifts on PA Treasury’s eBay Auction
Pennsylvania Treasurer Rob McCord today reminded shoppers of a unique option to find the perfect gift for their Valentine – Treasury’s eBay auction for unclaimed property at www.patreasury.gov. There, shoppers can bid on new items like diamond cluster and solitaire rings; gold necklaces, bracelets and pins; and heart-shaped pendants and earrings. Learn more...
1/24/2013
Treasurer McCord Announces $5.2 Million in Savings to Pennsylvanians through New Debit Card Program
State Treasurer Rob McCord today announced significant improvements to the debit card program that Treasury uses to disburse unemployment and workers’ compensation payments – saving individual Pennsylvanians an estimated $5.2 million per year in transaction fees. Learn more... | Side-by-side comparison of debit card programs
1/23/2013
Treasurer McCord Opposes Pay Raise for SERS Official
State Treasurer Rob McCord today voted against a salary increase for the chief investment officer of the State Employees Retirement System (SERS), saying that it was unjustified based on his length of service and the state’s current pension problems. Learn more...
1/16/2013
State Treasury Partners with Lancaster County-based Morphy Auctions to Maximize Proceeds from Unclaimed Property Sales
Rather than sitting in a vault, a treasure trove of rare and precious unclaimed valuables will be auctioned next month under a new partnership between the Pennsylvania Treasury and Morphy Auctions of Lancaster County, according to State Treasurer Rob McCord, who explained the auction is part of Treasury’s ongoing effort to maximize revenues to the Commonwealth from property that is unlikely to be claimed. Learn more... | View the catalog and bid online for Feb. 8 and 9 auction
1/15/2013
State Treasurer Rob McCord Sworn In For Second Term
Incumbent State Treasurer Rob McCord took office for a second term today, vowing to maintain the results-driven approach to government that has produced $1.6 billion in investment returns and averted hundreds of millions of dollars in wasteful spending during his first four years in office. Learn more...
1/9/2013
Treasurer McCord Disputes Legality of Lottery Expansion
Lacking a precise description of the types of gaming to be deployed on video lottery terminals, it is currently impossible to determine whether such an expansion of the lottery under a private management agreement would be lawful, State Treasurer Rob McCord said today. Learn more...
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