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Mike Frerichs

Democratic · IL · Treasurer of Illinois

Official website

Mike Frerichs is the Democratic Treasurer of Illinois, in office since 2015 and seeking a fourth term. He previously served in the Illinois State Senate.

Where Mike Frerichs stands, based on their records

Supports

Government Efficiency (12 records)

Campaign Finance Information — Treasurer

Campaign Finance Information · Treasurer · November 3, 2026

Data last updated July 27, 2026

Raised
$1,071,486
Spent
$481,353
Cash on hand
$1,741,569
Debts
$0

Top disclosed occupations of direct donors

  • Attorney$26,350
  • Executive$14,600
  • CEO$9,800
  • Investor$7,300
  • N/A$7,300
Direct contributions by size
  • $5,000+$58,800
  • $1,000-$4,999$51,550
  • $500-$999$20,500
  • $250-$499$9,425
  • $100-$249$1,950
  • $1-$99$50

Source: Illinois State Board of Elections · 2026 cycle · elections.il.gov

Track record

Track record — Government Efficiency

Government Efficiency · 12 support
  • Frerichs reduced Bright Start college-savings fees and expanded investment options.

    July 13, 2026Supports Government Efficiency

    Source: illinoistreasurer.gov · researched July 13, 2026

  • Under Frerichs, the Treasurer's office earned more than $2 billion for taxpayers through state investment management.

    July 13, 2026Supports Government Efficiency

    Source: illinoistreasurer.gov · researched July 13, 2026

  • Under Frerichs, Illinois improved the Bright Start college-savings plan to earn Morningstar's top Gold rating for five consecutive years.

    July 13, 2026Supports Government Efficiency

    Source: illinoistreasurer.gov · researched July 13, 2026

  • Frerichs lowered saver fees in Illinois's state-facilitated private-sector retirement program.

    May 6, 2026Supports Government Efficiency

    Source: illinoistreasurer.gov · researched July 13, 2026

  • Frerichs relaunched Illinois Secure Choice as My Illinois Savings with a new recordkeeping platform and streamlined online experience.

    May 6, 2026Supports Government Efficiency

    Source: illinoistreasurer.gov · researched July 13, 2026

  • Announced lower fees and a new name, My Illinois Savings, for the state-run retirement savings program for private-sector workers, and picked Vestwell as its new program manager through competitive bidding. The office says more than 170,000 workers have saved over $300 million.

    May 6, 2026Supports Government Efficiency

    Source: illinoistreasurer.gov · researched July 13, 2026

  • Frerichs added a new saver portal and mobile application to the state-facilitated retirement program.

    May 6, 2026Supports Government Efficiency

    Source: illinoistreasurer.gov · researched July 13, 2026

  • Frerichs added payroll-provider integrations to automate employer deductions and contribution submissions for My Illinois Savings.

    May 6, 2026Supports Government Efficiency

    Source: illinoistreasurer.gov · researched July 13, 2026

  • Announced that his I-Cash program has returned more than $2.5 billion in unclaimed money, reuniting over 2.5 million people, nonprofits, and businesses with it.

    April 23, 2026Supports Government Efficiency

    Source: illinoistreasurer.gov · researched July 13, 2026

  • Returned more than $2.5 billion in unclaimed money to over 2.5 million Illinois residents, businesses and nonprofits since taking office in 2015. Audits of insurers found $550 million in unpaid death benefits, and $500 million in unclaimed life insurance was paid to beneficiaries.

    April 23, 2026Supports Government Efficiency

    Source: illinoistreasurer.gov · researched July 13, 2026

  • Under Frerichs, Illinois's I-Cash program returned more than $2.5 billion in unclaimed property.

    April 23, 2026Supports Government Efficiency

    Source: illinoistreasurer.gov · researched July 13, 2026

  • Frerichs made electronic I-Cash claims easier to file.

    April 23, 2026Supports Government Efficiency

    Source: illinoistreasurer.gov · researched July 13, 2026

Track record — General

General · 4 records
  • Under Frerichs, the Treasurer's office earned more than $2 billion for taxpayers through state investment management.

    July 13, 2026

    Source: illinoistreasurer.gov · researched July 13, 2026

  • Under Frerichs, the state-facilitated retirement program enrolled more than 170,000 Illinois workers and accumulated more than $339 million in savings.

    May 6, 2026

    Source: illinoistreasurer.gov · researched July 13, 2026

  • Under Frerichs, more than 25,000 employers across all 102 Illinois counties registered for the state-facilitated retirement program.

    May 6, 2026

    Source: illinoistreasurer.gov · researched July 13, 2026

  • Returned more than $2.5 billion in unclaimed money to over 2.5 million Illinois residents, businesses and nonprofits since taking office in 2015. Audits of insurers found $550 million in unpaid death benefits, and $500 million in unclaimed life insurance was paid to beneficiaries.

    April 23, 2026

    Source: illinoistreasurer.gov · researched July 13, 2026

Race Mike Frerichs is in:

  • Treasurer · November 3, 2026 · Illinois · incumbent

Profile last researched July 13, 2026.