Illinois State Treasurer’s Office News Releases

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Illinois State Treasurer Michael Frerichs Statement on Illinois Labor Relations Board Decision

SPRINGFIELD — Statement by Illinois Treasurer Michael Frerichs on today’s decision by the Illinois Labor Relations Board: “ The governor’s labor board decision today is disappointing. Illinois workers have stated clearly their desire to work while negotiating in good faith. The good news is this: The governor could choose to return to the bargaining table. I urge him to do exactly that.” About the Illinois Treasurer The Illinois Treasurer is the state’s chief investment officer and Frerichs is a Certified Public Finance Officer. He protects consumers by encouraging savings plans…

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Illinois 529 Plan Among Best in the Country

CHICAGO — Illinois Treasurer Michael Frerichs announced today that Illinois’ Bright Directions College Savings Program was named among the best in the nation, according to Morningstar. Morningstar, which evaluates and rates college savings plans, released its results Tuesday rating Bright Directions a “Silver-Rated Fund”. According to Morningstar, Bright Directions is one of the two highest rated advisor-sold plans in the country. “We are always looking for ways to improve our investment products to help make saving for college more affordable for Illinois families,” Treasurer Frerichs said. “We are grateful that…

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