Illinois State Treasurer’s Office News Releases

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State Treasurer Michael Frerichs Honors LGBTQ+ Leaders

CHICAGO — Illinois State Treasurer Michael Frerichs today hosted a celebration to commemorate LGBTQ+ History Month at the state government building at 555 W. Monroe St. The event was an opportunity to reflect on the great achievements of lesbian, gay, bisexual, transgender, and queer people, and their allies. Frerichs presented awards to leaders in the community, education, legislature, business, labor, and arts. “Today, we took a moment to recognize the contributions of our LGBTQ+ neighbors,” Frerichs said. “Let’s celebrate their dedication to justice and equal opportunity, and the history surrounding…

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Illinois State Treasurer Michael Frerichs Announces Additional $10 Million Investment in Israel

SPRINGFIELD — Illinois State Treasurer Michael Frerichs today announced his office will invest an additional $10 million in Israel as a direct response to the unprovoked, murderous attack by the Hamas terrorist organization. “After being absolutely sickened by the ongoing atrocities, we reached out to our Israeli friends and asked what we can do to help,” Frerichs said. “This investment is a direct result of those conversations.” “This investment shows our strong commitment to Israel and its people,” Frerichs said. “The challenges in the region are great. Israel is now…

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Illinois State Treasurer Michael Frerichs Elected as Next President of National Association of State Treasurers

SPRINGFIELD — Illinois State Treasurer Michael Frerichs has been chosen as the next president of the National Association of State Treasurers, the nation’s foremost authority for responsible state treasury programs and related financial practices, policies and education. Frerichs, who has been serving as NAST senior vice president, was elected president at the organization’s annual business meeting in October. His term as president begins on Jan. 1, 2024. “I’m honored to be chosen by my peers as the next leader of NAST, the leading voice for excellence in public finance,” Frerichs…

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Treasurer Frerichs Honors Hispanic Leaders And Celebrates Hispanic Heritage Month

CHICAGO — Illinois State Treasurer Michael Frerichs today hosted a celebration to commemorate Hispanic Heritage Month, honoring the work of community leaders. The event was an opportunity to reflect on the great achievements of Hispanics and present awards to eight Latino leaders, including a retired White Sox executive, a TV news anchor, the CEO of Chicago Public Schools and the director of a Puerto Rican arts organization. “Today, let us take a moment to recognize the contributions of our Hispanic and Latino neighbors,” Frerichs said at the event held at…

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Illinois Secure Choice Helps Address Retirement Savings Crisis as Key Deadline for Small Businesses Approaches

SPRINGFIELD — Nearly 129,000 Illinois workers already are saving for retirement courtesy of the Illinois Secure Choice program, and now a key deadline is approaching for small employers to help even more employees do the same. Under state law, businesses that had between 5 and 15 employees last year have until Nov. 1, 2023 to help their workers access a retirement savings option by either signing up for Illinois Secure Choice or offering a private retirement plan. “There is a growing recognition that many workers understand that Social Security alone…

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