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Why Illinois May Become a National Model for Retirement Saving

In what may emerge as a standard for all states, Illinois is introducing a tax-advantaged retirement savings plan for most residents who do not have such a plan at work. The program echoes one that President Obama has endorsed at the federal level, and it boosts momentum that has...
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Treasurer Mike Frerichs (Video)

There’s a movement afoot to consolidate the treasurer and comptroller’s offices. The Illinois treasurer is the chief investment officer. The treasurer pays the state’s bills. A merger would save the state $12 million a year. But the powerful speaker of the...
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Growing up Frerichs: Rise to treasurer a long time coming

CHAMPAIGN — There was a time when Illinois’ new treasurer-elect, Champaign Democrat Mike Frerichs, could have just as easily become a Republican. “My sophomore year of high school, I took a civics class at Rantoul Township High School from Larry Weaver. Larry was a...
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Tom Kacich: An early look at Frerichs’ plate for 2015

Champaign Democrat Mike Frerichs isn’t the state treasurer yet — that happens Monday — but it looks like he’ll have at least two issues occupying much of his time in 2015. One is the long-stalled proposal to merge the treasurer’s and comptroller’s office,...
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