Illinois State Treasurer’s Office News Releases

“Keeping beneficiaries from the life insurance claims they are due is shameful and is harmful to the well-being of Illinois’ families in distress,” said Ryan Gruenenfelder, Manager for Advocacy and Outreach with AARP Illinois. “House Bill 4633 addresses this shameful problem. We commend Treasurer Frerichs for bringing it forth and passing it through the General Assembly, and we strongly urge Governor Rauner to sign it into law.” The Death Master File, or DMF, is used by the Social Security Administration and other government agencies to fight waste, fraud, and abuse.…

CHAMPAIGN — Illinois Treasurer Michael Frerichs will join other elected officials and advocates to urge Governor Bruce Rauner to sign House Bill 4633. The legislation requires insurers to use the federal Death Master File to determine if a policyholder has died and the death benefits have not been paid. A news conference will be held Monday, June 20 at Noon at the Illinois Terminal CityView, 45 East University Avenue, Champaign, IL. WHO: Michael Frerichs, Illinois State Treasurer and Senator Scott Bennett, Representative Carol Ammons, Andre Jordan, AARP WHAT: Illinois Treasurer…

SPRINGFIELD — Collectible coins, gold jewelry and sterling dinnerware are some of the 11,600 unclaimed property items worth $45,000 to be auctioned online June 20- 24. “Our unclaimed property team works hard to return valuables to their rightful owners,” Illinois Treasurer Michael Frerichs said. “If the property goes unclaimed for 10 years, the items are auctioned to make room for incoming unclaimed items.” Items include a 1911 Indian Head 2½ dollar gold coin; a 22KT gold necklace; a 1918 Illinois Centennial half dollar coin; and vintage Hohner harmonicas. All 130…