Illinois State Treasurer’s Office News Releases

property to owners is among the duties of the Illinois State Treasurer. Since 2011, the treasurer’s office has identified more than $550 million in death benefits that were not paid to grieving families in Illinois. unclaimed property in perpetuity until the items or funds are claimed by the owner or heirs. There is more than $2 billion in unclaimed property such as life insurance benefits, forgotten bank accounts, and unclaimed rebate checks from retailers. Individuals can search a database for their name or the name of to search the database…

SPRINGFIELD — Today, Illinois’ constitutional officers and other top elected officials are calling on Governor Bruce Rauner to join the United States Climate Alliance following President Donald Trump’s decision to withdraw from the Paris climate agreement. “As governor, your decisions affect life within our borders and in the world at large, and many people throughout our state are looking for your leadership on this issue. To date, we have not heard your stand on this issue. We encourage you to join your peers from California, New York and Washington and…

CHICAGO — Illinois State Treasurer Michael Frerichs today announced sweeping changes to the Bright Start and Bright Directions college savings programs that will provide greater investment options at a lower price for more than 450,000 college savers. Bright Start Advisor accounts will be converted to higher-rated Bright Directions accounts. Bright Start Direct accounts will feature higher-rated investment options. As a result of the conversion, Bright Directions will become the only advisor-sold plan offered through the state of Illinois. This also will help reduce public confusion with Illinois’ direct-sold and advisor-sold…