reliacard

Stay Connected With Treasury!

Stay up-to-date on all Treasury news and announcements, and connect with our Communications Office. Make sure to also like, follow and friend us on our social media channels.




Treasure Torsella Continues Regional Retirement Security Hearings

Pittsburgh, PA – Pennsylvania Treasurer Joe Torsella today convened an informational hearing of Treasury’s newly-created Task Force on Private Sector Retirement Security at the Allegheny County Courthouse, the second hearing to be held across the state to publicly explore the retirement crisis facing the more than two million working Pennsylvanians who lack access to employer-sponsored retirement plans.


Treasurer Torsella Announces Request to Draw $1.2 Billion From Line of Credit

Harrisburg, PA – Pennsylvania Treasurer Joe Torsella today announced that Treasury has received a request from the Governor’s Office of the Budget to draw $1.2 billion from the $1.8 billion line of credit authorized on October 27th. This is the third request Treasury has received to draw down funds since the authorization. Treasury is charging a variable rate on all funds drawn, equal to the SiFMA Municipal Swap Index, which is currently 0.92 percent.


Treasurer Torsella Announces Request to Draw $200 Million from Line of Credit

Harrisburg, PA – Pennsylvania Treasurer Joe Torsella today announced that Treasury has received a request from the Governor’s Office of the Budget to draw $200 million from the $1.8 billion line of credit authorized on October 27th. This is the second request Treasury has received to draw down funds since the authorization. Treasury is charging a variable rate on all funds drawn, equal to the SiFMA Municipal Swap Index, which is currently 0.92 percent.