Wolf reprimands state pension funds over risky investments

Read more at City & State.

The Wolf administration has dispatched a series of letters to board members at the state’s twin pension funds, urging officials to suspend any additional involvement with investment funds linked to billions in “wasted” Wall Street management fees.

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State Treasury holds dozens of Purple Heart decorations for veterans

Read more at The Weekender.

WILKES-BARRE — Pennsylvania Treasurer Joe Torsella announced this week — on the observance of Purple Heart Day on Aug. 7 — that Treasury holds 16 unclaimed Purple Heart medals and 18 Purple Heart pins, ribbons, and other related decorations for the veterans who earned the distinguished service award or their rightful heirs.

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Treasurer touts college savings plan for newborns

Read more at PhillyTrib. A new state program has been designed to help parents in Pennsylvania who have a baby or adopt next year to save toward their child’s college fund. The Keystone Scholars Program establishes a $100 scholarship grant for higher education... read more