Illinois State Treasurer’s Office News Releases

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Rock Island, Henry, and Mercer County Residents Have $22 Million in Unclaimed Property

SPRINGFIELD — Illinois State Treasurer Michael Frerichs’ staff will be in Rock Island on June 9 to reunite citizens with their unclaimed property through the I-Cash program. In Rock Island and Henry and Mercer counties, an estimated 140,000 people have unclaimed cash or property currently under the Treasurer’s protection. The value exceeds $19 million. Statewide, Frerichs safeguards more than $2 billion in unclaimed cash and property. “For most people, it is difficult to believe that they might have overlooked an investment account or forgot to pick up a final paycheck.…

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Treasurer Frerichs Issues RFP for ABLE Program Services

SPRINGFIELD — Illinois Treasurer Michael Frerichs announced today a Request for Proposal (RFP) for ABLE program services that will help people with a disability or blindness save for a better future. Frerichs made the announcement along with nine other states, forming a partnership that seeks to provide the best program possible at a low cost to beneficiaries. The consortium will manage a tax-advantaged investment portfolio similar to those used to save for college, such as Illinois’ Bright Start and Bright Directions programs. Without the consortium, individual states would lack the…

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