Harrisburg, PA – State Representative Mike Tobash, Chair, and Pennsylvania Treasurer Joe Torsella, Vice-Chair, of the Public Pension Management and Asset Investment Review Commission (PPMAIRC) today convened an informational hearing in Harrisburg to examine the need for improvements in transparency around investment expenses and returns of Pennsylvania’s two statewide pension systems.
Harrisburg, PA – Pennsylvania Treasurer Joe Torsella today announced that Treasury returned $269,299,682 in unclaimed property to Pennsylvanians during the 2017-18 Fiscal Year. That amount is an 18% increase from the total amount returned to taxpayers in the previous fiscal year and an all-time Treasury record.
Harrisburg, PA – Pennsylvania Treasurer Joe Torsella today announced that the PA Treasury Department provided testimony before the U.S. Senate Special Committee on Aging as part of a hearing to explore the financial stability of Americans with disabilities.
Harrisburg, PA – Pennsylvania Treasurer Joe Torsella today responded to the vote by the Board of Governors of the Pennsylvania State System of Higher Education to increase tuition by 2.99 percent for students this fall. The increase marks the fourth time in four years that tuition has risen at state system institutions.