YOUR
MONEY Initiative Wins National Recognition
State Treasurer Seth Magaziner's
YOUR MONEY program, which automatically reunites Rhode Islanders with their
unclaimed property, received recognition from The Unclaimed Property
Professionals Organization (UPPO), a national nonprofit.
"We created YOUR MONEY so
that Rhode Islanders can receive their missing money automatically," said
Treasurer Magaziner.
"Most people don't know that they have missing money with the State. YOUR MONEY belongs to you, I want to get it back in your pocket where it belongs."
"Most people don't know that they have missing money with the State. YOUR MONEY belongs to you, I want to get it back in your pocket where it belongs."
About 1-in-5 Rhode Islanders
have unclaimed property waiting for them. In the past, residents have had to
check the state's database to see if they have unclaimed property and then
submit a claim.
YOUR MONEY matches unclaimed property with known addresses, so money can be returned automatically.
YOUR MONEY matches unclaimed property with known addresses, so money can be returned automatically.
"Treasurer Magaziner is
breaking through the red-tape in Rhode Island by returning money to residents
automatically through the YOUR MONEY program. These are the bold innovations
governments should be making to better serve the public," said Toni
Nuernberg, Executive Director, Unclaimed Property Professionals Organization.
Rhode Island's Unclaimed
Property program received UPPO's Members' Choice State Legislative Award for
the YOUR MONEY program.
To date, the Treasurer's Office
has automatically processed claims for over 35,000 individuals through the YOUR
MONEY program.
While YOUR MONEY will automatically match thousands of Rhode Islanders, all residents are encouraged to visit findRImoney.com to see if the state is holding unclaimed property that it rightfully theirs.
While YOUR MONEY will automatically match thousands of Rhode Islanders, all residents are encouraged to visit findRImoney.com to see if the state is holding unclaimed property that it rightfully theirs.