Mike Frerichs
Democratic · IL · Treasurer of Illinois
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)
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
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
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
Frerichs lowered saver fees in Illinois's state-facilitated private-sector retirement program.
May 6, 2026Supports Government Efficiency
Source: illinoistreasurer.gov
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
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
Frerichs added a new saver portal and mobile application to the state-facilitated retirement program.
May 6, 2026Supports Government Efficiency
Source: illinoistreasurer.gov
Frerichs added payroll-provider integrations to automate employer deductions and contribution submissions for My Illinois Savings.
May 6, 2026Supports Government Efficiency
Source: illinoistreasurer.gov
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
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
Under Frerichs, Illinois's I-Cash program returned more than $2.5 billion in unclaimed property.
April 23, 2026Supports Government Efficiency
Source: illinoistreasurer.gov
Frerichs made electronic I-Cash claims easier to file.
April 23, 2026Supports Government Efficiency
Source: illinoistreasurer.gov
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
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
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
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
Past race Mike Frerichs ran in:
- Treasurer · November 3, 2026 · Illinois · incumbent