Illinois State Treasurer’s Office News Releases

SPRINGFIELD — Jewelry, gemstones, baseball cards, collectible coins and paper money are among the nearly 450 items worth approximately $66,000 to be auctioned online starting on November 27, known to holiday shoppers as “Cyber Monday,” and ending on December 1. “This is a perfect opportunity to find something rare and unique for that special someone without leaving the comfort of your home,” Frerichs said. “If you want a glimpse of the hundreds of Items include an autographed Ryan Sandberg baseball card, a Frank Thomas 22K gold baseball card with certificate…

SPRINGFIELD — Illinois Treasurer Michael Frerichs today announced a $10 million investment in Israel bonds, a 50 percent increase since his visit to Israel in 2016. The investment matures in March 2020. Illinois now invests a total of $50 million in Israel Bonds. “Israel Bonds continue to showcase their reliability as a strong investment opportunity with good returns for Illinois,” said Frerichs. “I am proud to continue to strengthen our diverse investment portfolio while also maintaining the strong global partnership we have formed with the State of Israel.” Since visiting…

SPRINGFIELD — Illinois families are the winners today after the Senate voted to override Gov. Rauner’s veto of the Life Insurance Reform Act, State Treasurer Michael Frerichs said today. The act will require life insurance companies to pay death benefits in a timely manner. Some benefits had gone decades without payment. “This override vote means a countless number of our families will keep their home, and a child will not be forced to drop out of school to support their family after a loved one dies,” Frerichs said. “Today’s action…