2024

Video of the event will be posted here: Illinois State Treasurer Michael Frerichs today hosted a celebration to commemorate LGBTQ+ History Month in Chicago. The event was an opportunity to reflect on the significant achievements of lesbian, gay, bisexual, transgender, and queer people, and their allies. Frerichs presented awards to leaders in the community , education, government , workforce and labor, and arts and humanities. “As we observe the 30th anniversary of LGBTQ+ History Month, today we honor the contributions of our LGBTQ+ neighbors and friends,” said Frerichs at…

A record-setting 138,561 people are in line to receive a total of nearly $13.2 million from the state’s Unclaimed Property program and all they have to do is cash the check, Illinois State Treasurer Michael Frerichs said today. The checks are part of the latest round of the Enhanced Money Match program that allows the Treasurer’s Office to automatically return money to individuals without the need to file a claim. It’s the latest improvement that leverages technology to return money to individuals quickly and efficiently through I- Cash. The vast…

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TIAA was awarded long-term contract to manage the plan, the nation’s sixth largest direct-sold plan with more than $12 billion in assets (Video files will be uploaded here: ) Families with a Bright Start College Savings Program (Bright Start 529) will soon pay lower fees, gain access to low-cost, high-quality investments, and manage their accounts on a new phone app, Illinois State Treasurer Michael Frerichs announced Thursday. “We worked to ensure that more of a family’s hard-earned savings goes toward the cost of college or a vocational school,” Frerichs…

The State Treasurer’s Office made a record $1.495 billion in investment earnings from the state investment portfolio during Fiscal Year 2024, Illinois Treasurer Michael Frerichs announced today. Treasurer Frerichs is the state’s Chief Investment and Banking Officer. He is responsible for investing state revenue in the state investment portfolio. “We have made common-sense reforms to increase how much we earn in investment returns for our state,” Frerichs said. “Every dollar we earn in interest is a dollar that lawmakers don’t have to raise in taxes.” Also in Fiscal Year 2024,…