Senator Regan E-Newsletter

View this email in a browser

In this Update:

  • E-News Survey: Thank You for Your Feedback, Survey Still Open
  • $900 Million Moved to PA’s Rainy Day Fund
  • Are You Owed Unclaimed Property?
  • Medicare Beneficiaries: Get Free Health Benefits Counseling
  • Recognizing Outstanding Pennsylvania Educators
  • Heating Assistance Program Open Now
  • Honoring the Sacrifices of Our Veterans
  • Senate Returns to Session Next Week

E-News Survey: Thank You for Your Feedback, Survey Still Open

Thank you to everyone who took the time last week to fill out the survey regarding my e-newsletters. Your responses have been informative and appreciated. 

If you have not had the time to fill out the survey, please click here to do so.

$900 Million Moved to PA’s Rainy Day Fund

Thanks to the disciplined spending of Senate and House Republicans, nearly $900 million was transferred to Pennsylvania’s Rainy Day Fund. The transfer was the third-largest in the state’s history.

The fund, which exceeds $6.1 billion, provides protection from economic downturns and other unforeseen circumstances. It shields Pennsylvanians from being subjected to a tax increase at a time they would already be struggling financially.

Having a healthy Rainy Day Fund has also improved the state’s rating with the nation’s major credit rating bureaus. Moody’s Financial Services and S&P Global Ratings both affirmed the commonwealth’s bond rating and revised the state’s long-term outlook from stable to positive in September.

Are You Owed Unclaimed Property?

The Pennsylvania Treasury Department is currently holding more than $4.5 billion in unclaimed property, with about one in 10 residents eligible to recoup that property.

Unclaimed property includes dormant bank accounts, uncashed checks, insurance policies and contents of forgotten safe deposit boxes. The amounts can range from a few dollars to a few thousand dollars, with the average value of a claim being about $1,600.

To find out if you or a member of your family is entitled to unclaimed property, please visit www.patreasury.gov. Unclaimed property can now be returned via direct deposit, and the process can be further expedited if the claimant provides their Social Security number when filing a claim. Because all property will be returned free of charge, there is no need to pay a private service to submit a claim.

Medicare Beneficiaries: Get Free Health Benefits Counseling

The open enrollment period for Medicare beneficiaries is active now until Dec. 7. Any new coverage selected or changes to existing benefits will take effect Jan. 1, 2024.

During open enrollment, new Medicare beneficiaries can sign up for Medicare Prescription Drug Coverage and health plans to complement Medicare, and current Medicare beneficiaries can review and join, switch or drop Medicare Advantage or Prescription Drug Coverage so that it better meets their needs.

To help Medicare beneficiaries understand their options, the Pennsylvania Department of Aging offers free, objective health benefits counseling through Pennsylvania Medicare Education and Decision Insight (PA MEDI). Available at Pennsylvania’s 52 Area Agencies on Aging, PA MEDI counselors can assist Medicare beneficiaries with plan comparisons, help with enrollment in a new plan and evaluate eligibility for any of Pennsylvania’s Medicare cost-savings programs. Learn more here.

Recognizing Outstanding Pennsylvania Educators

Pennsylvanians are encouraged to nominate their favorite teacher to be the commonwealth’s 2025 Teacher of the Year by Friday, Dec. 15. The Teacher of the Year Program celebrates excellence in teaching and honors individuals who have made outstanding contributions to the young people of Pennsylvania.

The state’s 2025 Teacher of the Year will be announced at an awards ceremony in early December 2024 and will represent the commonwealth at various local, regional and national functions culminating in the National Teacher of the Year ceremony at the White House.

Nominate your favorite teacher here.

Heating Assistance Program Open Now

Residents struggling with their home heating bills may apply for assistance from the Low-Income Home Energy Assistance Program (LIHEAP).

LIHEAP is a federally funded program that helps individuals and families pay their heating bills through home heating energy assistance grants. It also provides crisis grants to help in the event of an emergency or if a resident is in danger of losing his or her heat due to broken equipment, lack of fuel or termination of utility service.

The income eligibility guidelines for LIHEAP are $21,870 for an individual, $29,580 for a couple and $45,000 for a family of four. Find limits for other family sizes here. Residents may apply for LIHEAP online or by contacting their local county assistance office.

Honoring the Sacrifices of Our Veterans

Saturday, Nov. 11, is Veterans Day, when we take time to reflect on the bravery of the men and women who served our country. Because they were willing to put their lives on hold to defend our great country, we enjoy freedoms many other people can only imagine.

To support our veterans, just this year alone Senate Republicans passed bills to create a logo promoting veteran-owned businesses, establish the Veteran-Owned Business Loan Guarantee Program, provide educational support for children of National Guard and Reserve members, exempt disabled veterans’ benefit payments from income calculations for any commonwealth program or benefit and modernizes the way fishing licenses are issued for disabled veterans and military personnel.

In honor of the holiday, my offices will be closed on Friday, Nov. 10, and reopening to serve constituents on Monday, Nov. 13.

Senate Returns to Session Next Week

On Monday, the Senate will return to voting session. You can watch Senate session live here and committee meetings through livestream links here.

divider

For anyone who hasn’t already signed up to receive my e-newsletters, you can get on the mailing list here.

Website

2024 © Senate of Pennsylvania | https://senatorregan.com | Privacy Policy