Overview
Financial Stewardship and Services
The Office of the Treasurer and Receiver General of Massachusetts is the state’s comprehensive financial management agency. It is responsible for the prudent management of the Commonwealth’s public funds, including the issuance of debt, management of state investments, and oversight of the state’s cash flow. The Treasurer’s office is dedicated to ensuring economic stability and security for every resident of Massachusetts through sound fiscal policies 🏛️.
Unclaimed Property and Economic Empowerment
One of the most public-facing divisions of the Treasury is the Unclaimed Property Division, which holds billions of dollars in abandoned assets—such as old bank accounts, uncashed checks, and safe deposit box contents—waiting to be claimed by their rightful owners through the ”Find Mass Money” program. The office also houses the Office of Economic Empowerment, which creates programs to increase financial literacy and bridge the wage gap for women and minorities 📉.
Associated Agencies
The Treasurer serves as the Chair of several critical state boards, including the Massachusetts State Lottery Commission, which generates essential local aid for cities and towns, and the State Retirement Board, which administers pension benefits for state employees. The office also manages the Massachusetts Clean Water Trust. Located in the McCormack Building, the office is a central hub for these fiscal operations.
Visitor Access
The Treasury is located at One Ashburton Place, a secure government facility. Visitors must pass through security screening, including metal detectors and bag checks, upon entry. While the physical office handles administrative matters, many services, particularly searching for and claiming unclaimed property, are most efficiently conducted through the department’s online portals 💻.
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