More than 107,000 Pennsylvanians will soon find good news in their mailboxes — notification letters from the state Treasury alerting them that unclaimed property is on its way.
Treasurer Stacy Garrity announced Thursday that the letters are part of the Pennsylvania Money Match program, which automatically reunites residents with certain types of unclaimed property. Checks will be mailed to eligible recipients in mid-December.
“This is the best kind of mail to send, and I’m thrilled to let Pennsylvanians know that money is coming their way – these letters are real and the checks that will follow are real,” Garrity said. “We’re well on our way to returning more than $40 million with Money Match during this first year of the program because this money doesn’t belong to the state, it belongs back in the hands of rightful owners, and Treasury is working nonstop to get the job done.”
Pennsylvania Money Match, which passed the House and Senate unanimously and was signed into law as Act 81 of 2024, authorizes Treasury to return certain single-owner properties valued up to $500 automatically.
Claims valued at more than $500, that have multiple owners, or other complexities, will still need to search, file a claim and provide required supporting documentation.
According to the Treasury Department, more than one in ten Pennsylvanians is owed some of the $5 billion in unclaimed property currently safeguarded by the state. The average claim is valued at more than $1,000.
Unclaimed property includes things such as dormant bank accounts, uncashed checks, forgotten stocks, insurance policies, tangible property like the contents of abandoned safe deposit boxes, and more.
To search for unclaimed property visit, patreasury.gov/unclaimed-
If anyone believes they have received a Money Match letter in error, they can contact Treasury at MoneyMatch@patreasury.gov.
