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 conducted an organizational meeting to initiate a review of the Public School Employees’ Retirement System (PSERS) and the Pennsylvania State Employees’ Retirement System (SERS).
Harrisburg, PA – Pennsylvania Treasurer Joe Torsella today announced that he is seeking the rightful owners of more than 500 military medals that are due to Pennsylvania’s veterans and their families. The medals have been in Treasury’s possession, some for many years, after being reported to the department as unclaimed property, in accordance with Pennsylvania law. As part of an ongoing initiative established by Treasurer Torsella, seven “lost” war medals, including three Purple Hearts, have recently been returned to their rightful owners: military veterans or their families.
Harrisburg, PA – Pennsylvania Treasurer Joe Torsella today announced that he is expanding Treasury’s passive investment strategy to include the publicly-traded fixed income portfolio, following through on his pledge to protect taxpayer money by saving on Wall Street fees. The move – when combined with an earlier shift in Treasury’s equity portfolio – will save nearly $9 million per year in fees, totaling approximately $300 million when compounded over 20 years. The move also takes a further step to change the pay-to-play culture that has plagued the Commonwealth.
Wilkes-Barre, PA – Pennsylvania Treasurer Joe Torsella today was joined at Luzerne County Head Start by key county partners including Sen. John R. Gordner, Senate Majority Whip, Sen. Lisa Baker, Sen. John Yudichak, Rep. Eddie Day Pashinski, Rep. Tarah Toohil, staff from the office of Rep. Aaron Kaufer, County Manager Dave Pedri, and Lynn Evans Biga, Executive Director of Head Start Luzerne County, to highlight treasury’s new scholarship grant program, Keystone Scholars.
St. Marys, PA – Pennsylvania Treasurer Joe Torsella today was joined by key county partners including Senator Joe Scarnati, president pro tempore, a representative from Representative Matt Gabler’s office, Chairperson of the Elk County Board of Commissioners Matthew G. Quesenberry, Sr., and event host and St. Marys Carbon General Manager and Chief Operating Officer, James Slay, to highlight Treasury’s new scholarship grant program, Keystone Scholars.
Harrisburg, PA – Pennsylvania Treasurer Joe Torsella today announced that the department recently received global recognition for its Transparency Portal, a first-in-the-nation tool that gives Pennsylvanians an unprecedented ability to look into the state’s books, including the ability to track the general fund balance in real time.
Media, PA – Pennsylvania Treasurer Joe Torsella today visited Delaware County to launch Treasury’s Keystone Scholars program at the Jerome S. Parker Advanced Technology Center at Delaware County Community College.