Illinois State Treasurer’s Office News Releases

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Illinois Treasurer Michael Frerichs Announces Key Milestone for Unclaimed Property Program Fixing a Broken System Leads to 1 Million I-Cash Claims Paid Since 2015

SPRINGFIELD — Illinois’ unclaimed property program reached another historic milestone this month when it paid its 1 millionth claim since 2015, Illinois State Treasurer Michael Frerichs said today. The achievement is even more noteworthy when considering only 500,000 claims were paid between 2003 and 2014. Frerichs became state treasurer in 2015. The dramatic increase is a result of a complete restructuring of the unclaimed property process, especially the addition of electronic claims, eliminating red-tape that slowed small-money claims, and leveraging technology to allow payments to be made without a claim…

Read MoreIllinois Treasurer Michael Frerichs Announces Key Milestone for Unclaimed Property Program Fixing a Broken System Leads to 1 Million I-Cash Claims Paid Since 2015
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Illinois State Treasurer Michael Frerichs Responds to Draft Opinion Overturning Roe v. Wade

SPRINGFIELD — Illinois State Treasurer Michael Frerichs today responded to the Supreme Court draft opinion that would overturn Roe v. Wade. “I, like most Americans, believe that personal decisions about pregnancy should be made by the woman, with the support of the people she loves and trusts. We are on the verge of having out-of-touch – and mostly male – politicians criminalizing women and doctors for making these difficult decisions,” Frerichs said. “As the father of a teenage daughter, I am furious at the hypocritical politicians who seek to control…

Read MoreIllinois State Treasurer Michael Frerichs Responds to Draft Opinion Overturning Roe v. Wade