![]() ![]() The state treasurer’s office has added electronic claims, eliminated red tape that slowed small-money claims, and leveraged technology to allow payments to be made without a claim even needing to be filed. Frerichs has returned $1.5 billion in unclaimed property during his tenure, setting records along the way.įrerichs prioritized changes in technology, efficiency and state law to streamline the unclaimed property process. Unclaimed property is reported to the treasurer’s office two times each year, so it is recommended that individuals check the database every six months.Īn estimated 1 in 4 adults in Illinois who search the treasurer’s database find unclaimed property, and the average claim is $1,000. In Illinois, the state treasurer is tasked with safeguarding unclaimed property, such as unpaid life insurance benefits, forgotten bank accounts and unused rebate cards. What is unclaimed property? It is money or accounts within financial institutions or companies in which there has been no activity for several years and the legal owner has not responded to inquiries by the business. “Check our database at to find out if you have some extra holiday cash or property to claim.” “We return unclaimed property year-round, but it’s that time of year when reuniting extra money and keepsakes with their rightful owners is even more special,” Frerichs said. Please note that the Treasurer's Office will be closed on state holidays.SPRINGFIELD – There are millions of names in Illinois’ database of unclaimed cash and property, Illinois State Treasurer Michael Frerichs said this week. The Illinois Secure Choice Savings Program provides workers with an easy way to save their own money for retirement and is simple and straightforward for employers to facilitate.For Illinois Funds inquiries, click here. Illinois’ 3.5 billion unclaimed property programalso known as I-Cashis one of the state’s oldest consumer protection initiatives and safeguards the contents of overlooked safe deposit boxes, unpaid life insurance. The Illinois Funds lets government agencies use the Illinois Treasurer’s resources to safely invest their funds while enjoying the economies of scale available from a pooled fund investment portfolio. If you have questions or need assistance you can contact Representative McCombie’s district office at 81.The MoneyMinded program ensures that families have valuable financial education resources that can benefit the entire family.For FOIA ("Freedom of Information Act") requests, click here.Finally Home is a program that helps Illinois residents purchase or refinance a home, as well as helps prevent their existing home from going into foreclosure. For Finally Home inquiries, click here.ePAY is a full-service electronic payment program specifically designed for Illinois governments so they can quickly and securely receive monies through convenient payment channels.For inquiries on doing business with the Treasurer’s Office, click here. The Illinois Treasurer oversees the State of Illinois’ investment portfolio and banking transactions.For college savings inquiries, click here. Illinois’ two college savings programs, Bright Start and Bright Directions, help families save for rising college costs.For Charitable Trust inquiries, click here. The Charitable Trust Stabilization Fund helps small non-profits across Illinois. Money for the Fund comes from the filing fees not-for-profit organizations pay to incorporate with the State of Illinois.For Invest in Illinois inquiries, click here. Invest in Illinois is a collection of programs offered by the Treasurer’s Office: Ag Invest, Business Invest and Community Invest that provide impact investment deposits to lending institutions.IL ABLE accounts make it possible for people with disabilities and their families to save and invest for expenses related to living with a disability without losing or losing access to federal means-tested benefits.For I-Cash/unclaimed property inquiries, click here. The State safeguards lost funds until they are claimed by either the original owner or their heirs through the I-Cash program.For general office inquiries, please click here. ![]() If you prefer to reach the Treasurer’s Office by email, please contact the corresponding program or division below. ![]()
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