Illinois State Treasurer’s Office News Releases
State Treasurer Michael Frerichs: If We Have Unclaimed Property for You, We’ll Just Send You the Check Up to $5,000
SPRINGFIELD — More than 66,000 people are in line to receive up to $5,000 from the state’s Unclaimed Property program and all they have to do is open their mailbox, Illinois State Treasurer Michael Frerichs said today. Frerichs proposed and worked with the General Assembly to create the enhancements to the Money Match program to make it easier to automatically return money to individuals without the need to file a claim. In doing so, lawmakers also agreed to raise the automatic payment cap to $5,000. Enhanced Money Match is the…
Illinois State Treasurer Michael Frerichs Makes Record $121.6 Million In Investment Earnings for State Portfolio During July
SPRINGFIELD — The State Treasurer’s Office made a record $121.6 million in investment earnings from the state investment portfolio in July, Illinois State Treasurer Michael Frerichs announced today. Another $88.7 million in gross investment earnings was earned for cities, villages, school districts, counties and other units of government that take part in the highly rated Illinois Funds local government investment pool operated by the State Treasurer’s Office. “The State Treasurer’s Office is an economic engine for Illinois,” Frerichs said. “Every dollar we make through smart, safe investing is a dollar…