PA+State+Treasurer

Pennsylvania State Treasurer The State Treasurer is responsible for the management of the state’s money. The treasurer is responsible for bond management, banking data processing, supervision of public funds insurance, unclaimed property management, and even coordinating with the state’s auditor for the payments of warrants. This job may sound boring to some, yet interesting to others. The State Treasurer is responsible for the management of over $120 billion! It also includes the involvement with the state and local government. State treasurers also give insight to local governments on local transportation projects and parks. To obtain this position, the candidates must run for the position when it’s available. Certain states throughout the country have different limits for the years in office and even the number of times allowed running. For example, California allows candidates to run every four years at an unlimited amount of times. In Pennsylvania the State Treasurer serves a 4 year term.
 * Party || Democrat || Republican ||
 * Candidate || Rob McCord || Diana Irey Vaughan ||
 * || [[image:mcraegov/PA_treasurer_RobMcCord.jpg width="130" height="168"]] || [[image:mcraegov/diana.png]] ||
 * Biography || * Born March 5, 1959 in California
 * Lives in Montgomery County with his wife and two sons
 * Undergraduate degree from Harvard University
 * M.B.A from the Wharton School at the University of Pennsylvania || * Born Aug. 20, 1962
 * Lives in Washington County
 * Business degree from West Virginia Business Colege ||
 * Qualifications || * Current PA Treasurer
 * Helped create more than 2000 jobs as a venture capitalist
 * Worked as a senior executive at Safeguard Scientifics from 1994-2007
 * Founded the Eastern Technology Fund
 * Co-founder and Managing Director of Pennsylvania Early Stage Partners
 * Led the Eastern Technology Council from 1996-2007 || * Washington County Commissioner
 * County Commissioner for 16 years
 * Led long-range planning resulting in job growth
 * Member of Washington County Pension Board
 * Member of Washington County Prison Board. ||
 * The State Treasurer**:

The state treasurer manages the states investments, administers budget funds, and chairs in the banking commissions. The treasurer also manages more than 75 billion dollars in state funds and administers the general funds, highway funds etc. The treasurers administer state investment programs including retirement and workers compensation. The treasurer works with 401(k) plans offered through companies. The state treasurer of Pennsylvania currently makes $152,443 annually.