2026

Treasurer Frerichs speaks from a podium as two people stand beside him on his left

Illinois Treasurer Michael Frerichs Relaunches State Retirement Program for Small Businesses with Lower Fees and New Name

VIDEO WILL BE POSTED AT THE DEPARTMENT OF CENTRAL MANAGEMENT SERVICES WEBSITE HERE SPANISH-LANGUAGE PRESS RELEASE AVAILABLE ON THE TREASURER’S WEBSITE HERE CHICAGO, IL — Illinois State Treasurer Michael Frerichs today announced lower fees and technology improvements for employers and savers of the Illinois Secure Choice Savings Program, which will take effect in June 2026. “A decade ago, too many Illinois workers didn’t have an easy way to save for retirement at work, so we set up a low-cost solution,” Frerichs said. “Now, workers have saved more than $300 million…

Read MoreIllinois Treasurer Michael Frerichs Relaunches State Retirement Program for Small Businesses with Lower Fees and New Name
two men in suits standing in front of the illinois flag and united states flag

El Tesorero de Illinois, Michael Frerichs, relanza el programa estatal de ahorro para la jubilación dirigido a pequeñas empresas con costos más bajos y un nuevo nombre

CHICAGO, IL — El Tesorero del Estado de Illinois, Michael Frerichs, anunció hoy una reducción en los costos y mejoras tecnológicas para los empleadores y ahorradores del Illinois Secure Choice Savings Program, que entrarán en vigencia en junio de 2026. “Hace una década, demasiados trabajadores en Illinois no tenían acceso a una forma sencilla de ahorrar para la jubilación en el trabajo, por lo que desarrollamos una solución de bajo costo”, dijo Frerichs. “Ahora, los trabajadores han ahorrado más de $300 millones gracias a nuestro programa de jubilación Secure Choice.…

Read MoreEl Tesorero de Illinois, Michael Frerichs, relanza el programa estatal de ahorro para la jubilación dirigido a pequeñas empresas con costos más bajos y un nuevo nombre
Eight baseball cards, including Nolan Ryan and Cal Ripken Jr.

Ryne Sandberg, Ken Griffey Jr. and Nolan Ryan Baseball Cards, Gold Ingot, and More Available at Treasurer Frerichs’ Online Auction

Auction catalog available here . Collectible baseball cards of Hall of Famers Ryne Sandberg, Nolan Ryan and Ken Griffey Jr., a gold ingot, and an 1868 French coin bearing the image of Napoleon III are just a few of the notable items available at the online ICash auction April 24-May 3. “Our online auction offers something unique and memorable for everyone,” said Illinois State Treasurer Michael Frerichs, whose office oversees unclaimed property in Illinois. “You’ll discover treasures, such as classic baseball cards and distinctive currency, along with vintage jewelry and…

Read MoreRyne Sandberg, Ken Griffey Jr. and Nolan Ryan Baseball Cards, Gold Ingot, and More Available at Treasurer Frerichs’ Online Auction
Two young boys sitting in an easy chair and smiling

Playing Hooky and Saving for College

Like many kids, my older brother went through a period where he didn’t like going to school. He became pretty creative about finding ways to skip class. School was so close, he didn’t even have to cross a street. On the way, he stopped at a relative’s house and never made it to school. When Mom found out, she started driving him. I hadn’t started kindergarten yet, so I went with them. One morning when we pulled up to school, the principal met us. He dragged my brother, who was…

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Treasurer Frerichs presents an oversized check made out to St. Jude Children's Hospital. The second man is Illinois Senator Robert Martwick.

Illinois Treasurer Frerichs Eclipses $2.5 Billion in Money Returned to Residents, Businesses, Nonprofits

Key points: VIDEO WILL BE POSTED HERE: Illinois Treasurer Michael Frerichs today announced he has returned over $2.5 billion in missing money on his watch, breaking all records in an I-Cash program that has been around since the 1960s. More than 2.5 million people, nonprofits, and businesses have been reunited with their missing money since Frerichs took office in 2015. Frerichs modernized I-Cash, allowing people to file electronic claims, taking on powerful insurance companies to return money to beneficiaries, and cross-referencing state databases to return money without people even…

Read MoreIllinois Treasurer Frerichs Eclipses $2.5 Billion in Money Returned to Residents, Businesses, Nonprofits