The Office of the Illinois State Treasurer is responsible for managing and safeguarding the state's public funds, focusing on liquidity, safety, and consistent earnings. With an investment portfolio of approximately $50-$56 billion, the office processes hundreds of billions in banking transactions each year and acts as the custodian of public funds.
The office administers various financial programs, including the 529 College Savings Program, the Illinois Funds for local governments, and the Illinois Growth & Innovation Fund, which supports technology firms. It also offers the Secure Choice Retirement Savings Program and the ABLE Program for individuals with disabilities. Additionally, the Treasurer's office manages the Unclaimed Property Program, returning over $2 billion in forgotten assets to rightful owners.
The Treasurer's mission is to protect the state's portfolio while promoting education and economic opportunity for individuals and government entities in Illinois. The office emphasizes transparency and efficiency, providing financial tools to help families achieve economic security.
The Office of the Illinois State Treasurer is responsible for managing and safeguarding the state's public funds, focusing on liquidity, safety, and consistent earnings. With an investment portfolio of approximately $50-$56 billion, the office processes hundreds of billions in banking transactions each year and acts as the custodian of public funds.
The office administers various financial programs, including the 529 College Savings Program, the Illinois Funds for local governments, and the Illinois Growth & Innovation Fund, which supports technology firms. It also offers the Secure Choice Retirement Savings Program and the ABLE Program for individuals with disabilities. Additionally, the Treasurer's office manages the Unclaimed Property Program, returning over $2 billion in forgotten assets to rightful owners.
The Treasurer's mission is to protect the state's portfolio while promoting education and economic opportunity for individuals and government entities in Illinois. The office emphasizes transparency and efficiency, providing financial tools to help families achieve economic security.
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