S.I. Woman Gets $10,000 From Unclaimed Funds

NEW YORK (AP) — Penny Martin won’t have to be pinching pennies any more.

The Staten Island woman recently discovered that she was the beneficiary of a $10,000 life insurance policy held by a former boyfriend who died in 1985.

On Thursday, Martin was presented with a check from the state’s unclaimed funds at a news conference attended by state Comptroller Thomas DiNapoli and state Sen. Diane Savino.

The state has $10.5 billion in unclaimed funds dating to the 1940s. It includes unclaimed insurance policies, lapsed bank accounts and other property.

The 47-year-old woman works as a cook at Forever Young Senior Center. She spent much of last year living in a homeless shelter.

She said she wakes up now feeling “each day is a blessing.”

(Copyright 2010 by The Associated Press. All Rights Reserved.)

Comments

One Comment

  1. mag says:

    to Bart: I understand, but figured I put it out there.

  2. Widow Maker says:

    Is the IRS going to steal a chunk of that now?

    1. bart simpson says:

      thank you, i was really commenting on the journalism aspect, how do print 1/2 the story?

  3. Mark says:

    This is a case of “God driving away the flies from a tailless cow” I am happy for you, woman.

  4. bart simpson says:

    Very nice story, how about providing a link to the unclaimed funds website so we can check if our names are on it?

Comments are closed.

More From CBS New York

WFAN Football Cruise Drip
1010 WINS Special

Listen Live