Office of the Illinois State Treasurer

Last week, our office recognized eight inspiring women whose leadership makes Illinois a better place to live, work, and raise a family. Listen to their stories and hear what Women’s History Month means to them in our latest video.

BIG Congratulations to our General Deputy Counsel Nicola Bunick for being recognized by the National Association of State Treasurers (NAST) with the Chris Allen Award! This honor recognizes state treasury professionals who go above and beyond in supporting NAST's priorities—those essential, behind-the-scenes team members who ensure state treasuries run effectively for the benefit of all constituents. Nicola, we’re proud to have you on our team and to see your dedication and hard work recognized!

Last week, our office recognized eight inspiring women whose leadership makes Illinois a better place to live, work, and raise a family. Listen to their stories and hear what Women’s History Month means to them in our latest video.

There's a growing chorus expressing concern about the impact of Tesla's stock price on pension funds. Treasurer Frerichs was interviewed by ABC News. "Michael Jordan was famous here for not being involved in Democratic politics, because, as he said, even Republicans buy sneakers, and he knew he didn't want to lose those customers," Treasurer Frerichs told ABC News. "This is a real cost to real people. We're talking about firefighters, police officers, nurses who work in public service. Their retirement dollars are at stake." https://lnkd.in/g6VWGxnZ

Meet the the “Netflix of Senior Living.” ConnectCareHero is transforming how older adults stay connected by offering various programs to overcome social isolation, including therapeutic sessions, culturally relevant entertainment, cooking classes, and more! Started with support from our Illinois Growth and Innovation Fund, this innovative business is now enriching the senior living experience in facilities across the country. Plus, it provides opportunities for talented artists and content creators right here in IL. Watch our latest video to see Illinois business innovation in action.

This week, Treasurer Frerichs welcomed the AFL-CIO to our Marine Bank Building in Springfield for their annual Labor Salutes Reception. The AFL-CIO (American Federation of Labor and Congress of Industrial Organizations) is the largest federation of labor unions in the US. Their advocacy helps ensure working people have access to fair wages, safe working conditions, retirement benefits, and equal treatment. Congratulations to those recognized at this year’s event: Representative Eva-Dina Delgado, Congresswoman Nikki Budzinski, and Senator Cunningham!

Women’s History Month is a time to honor the remarkable contributions of women throughout history and celebrate the trailblazers shaping our communities today. Yesterday, we recognized eight outstanding Illinois leaders across diverse fields—business, government, education, athletics, labor, community service, and the arts—who inspire and lead with strength and vision. Our awardees included (from left to right): ? Brandi Bradley, Director of Government Relations at Ullico, Inc. – Outstanding Achievement in Workforce and Labor ? Dr. Rachael Mahmood, Educator & 2024 Teacher of the Year – Outstanding Commitment to Education ? Christina Kreil, Member of the US Women’s National Amputee Soccer Team – Outstanding Achievement in Sportsmanship ? Julie Morrison, Illinois State Senator, 29th District – Outstanding Commitment as an Elected Official. Award accepted by Ginny Hotaling. ? Jennie Oh Brown, Executive Director of the Chicago Youth Symphony Orchestras – Outstanding Achievement in Arts and Humanities ? Bukola Bello, Principal of Vision MAI Consulting – Outstanding Service in Business ? Kate Maehr, Executive Director & CEO of the Greater Chicago Food Depository - Outstanding Service in Leadership. Awarded accepted by Amy Laboy. ? Lynne Chambers, Co-Founder & Executive Director of Legacy Training, Inc. – Outstanding Commitment to Community Service Congratulations to our awardees!

Casimir Pulaski Day is a time to pay tribute to the Father of the American Cavalry and celebrate Illinois’ rich Polish history. This morning, Treasurer Frerichs attended the Polish Museum of America’s celebration and announced our $15 million investment in Republic of Poland bonds. This investment will not only diversify our portfolio and provide greater returns for taxpayers, but it will also deepen our state’s already strong ties with Poland. Happy Casimir Pulaski Day!

This week, Treasurer Frerichs attended the Governor’s State of the State and Budget Address. Illinois faces tough budgeting decisions, but our office is ready to be part of the solution. Investment earnings for the state portfolio are up more than 11%, standing at $803.8 million for the first six months of Fiscal Year 2025. These are funds that don’t need to be raised in taxes or cut from our schools, roads, or bridges.

It's always inspiring to see local governments collaborating to create stronger, more vibrant communities! Recently, Treasurer Frerichs attended the West Central Conference Municipal Legislative Breakfast. This regional Council of Governments consists of over 51 entities and has been working to improve the quality of life in the Chicago suburbs since 1980.