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Fine-and-fee reliance should be bond rating warning sign: Torsella

Pa Treasurer announces major system upgrades to process of locating unclaimed property

Pa. Treasurer announces ‘major system upgrades’ to process of locating unclaimed property Updated Dec 23, 2020; Pennsylvania Treasurer Joe Torsella on Wednesday announced improvements to the Treasury Department’s Bureau of Unclaimed Property (BUP) operations software the first upgrade in more than 15 years. “Treasury holds nearly $4 billion in unclaimed property that is owed to Pennsylvanians, and we rather not have any of it,” Torsella said in a press release. “As Treasurer, I want that property back in the hands of the people it belongs to. I’m proud that we’re able to put this major system upgrade in place now. In difficult times where every dollar counts, these upgrades will make the process much smoother for returning property back where it belongs: in the hands of the 1 in 10 Pennsylvanians who have unclaimed property held by the state Treasury.”

Pa Treasury Twitter account has shut down, leaving legacy of snarky, relatable PR

Pennsylvania state Treasurer Joe Torsella’s office has shut down its Twitter account. In a farewell message, the account, run by previously unnamed Treasury employees, said the account was an “experiment began as a direct result of [Torsella’s] vision to rebuild community and reconnect people with a government that is supposed to serve them.” Screenshot taken from Twitter “It’s been an experiment that we believe has been a success, and one we hope other government institutions follow,” the farewell message, posted around 8 p.m. Fri., Dec. 11, added. By 8 a.m. the next day, the account appeared to be deactivated.

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