Illinois State Treasurer’s Office News Releases

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Illinois Renews $10 Million Investment in Israel Bonds

$70 Million Total Investment Since 2015 SPRINGFIELD — Illinois Treasurer Michael Frerichs today announced a $10 million investment in Israel bonds. The investment matures in August 2021. Illinois now invests a total of $50 million in Israel Bonds. “We are committed to investing in Israel Bonds,” Frerichs said. “Israel Bonds continue to prove to be a reliable, strong investment with good returns for our portfolio.” Frerichs has visited Israel to see firsthand the projects funded via Israel Bonds. Frerichs has invested a total of $70 million since 2015. The bond…

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Treasurer Frerichs Condemns Governor Rauner for Playing Politics with New Retirement Savings Program for Private-Sector Workers

SPRINGFIELD — Illinois State Treasurer Michael Frerichs today condemned Governor Bruce Rauner for playing political games with a new program that will provide 1.2 million private-sector workers with access to a retirement savings option at work. Governor Rauner issued an amendatory veto of House Bill 4923 on Tuesday in an effort to make it optional for employers to participate in the Illinois Secure Choice Program, regardless of whether their employees want to participate. Secure Choice, which was signed into law in 2014, requires that employers with at least 25 employees…

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6 th Annual Contest Honors Youth and Agriculture SPRINGFIELD — Illinois State Treasurer Michael Frerichs today announced the winners of the 2018 Cream of the Crop Photo Contest. The annual contest encourages young photographers to share their vision of agriculture in our state. “Each year, this photography contest highlights the beauty of Illinois agriculture and the talent of children throughout this state,” Frerichs said. “Thank you to everyone who participated in the contest. It was fun to get a glimpse of local farms, animals, and the beautiful landscape of the…

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