Stacy Garrity has released the second round of Pennsylvania Money Match checks.
Recently, the Pennsylvania Treasury announced $9.2 million in checks will be mailed to Pennsylvanians as part of the second round of Pennsylvania Money Match funds.
The checks are being sent to people that are owed up to $500 for unclaimed property, and the Treasury is advising recipients to cash them.
The second round includes over 39,000 checks being sent out. An additional 40,000 letters notifying people of incoming checks will be sent out in August.
“It’s exciting to see so many people getting money they didn’t know they had. It’s now important that people cash these checks. We want everyone to know this is a real program and this is real money. Every dollar we return to Pennsylvania families is money they can use to buy groceries, fill up their cars with gas, or pay their rent or mortgage. This money belongs to them, not the state,” said State Treasurer Stacy Garrity in a statement.
The money in the Money Match program comes from unclaimed property in the form of assets owed to a person but not paid out.
Unclaimed property includes dormant bank accounts, unclaimed checks, insurance policies, and tangible property that is being held by the Pennsylvania State Treasury.
Under State Treasurer Garrity, the Treasury is working to return more than $5 billion in claimed property to Pennsylvanians.
The Treasury said more than one in ten Pennsylvanians are owed unclaimed property. The Money Match program is a way to return money owed back to the pockets of citizens across the Commonwealth.
The average value of a claim is about $1,600, according to sources.
While the checks sent out through the program are capped at $500, people with claims for property that exceed this amount can file a claim and provide the required documentation to receive their funds.
