“This money will offer a cushion for some, and for others it will help with back-to-school expenses and making rent.”Įnhanced Money Match focuses on simple claims: Cash owed to a single person.

“Our economy is growing, but we know there still are challenges,” Frerichs said. All they have to do is watch for the mail. When a matching name and mailing address is identified and confirmed, the unclaimed property owner will receive a letter from the Treasurer’s Office that describes the amount and source of the money.Īfter one additional security step is concluded, a check simply is issued to the owner. The Enhanced Money Match Program leverages data already collected by the state and crossmatches it with the treasurer’s unclaimed property database. “Putting money in people’s pockets so they can decide how best to spend it simply makes a lot of sense and is the right thing to do.” “How can we make life a little bit better and a little bit easier for our residents is the driving force behind all of our programs,” Frerichs said. Enhanced Money Match is the latest improvement that leverages technology to return money to individuals quickly and efficiently. In doing so, lawmakers also agreed to raise the automatic payment cap to $5,000. SPRINGFIELD – More than 66,000 people are in line to receive up to $5,000 from the state’s Unclaimed Property program and all they have to do is open their mailbox, Illinois State Treasurer Michael Frerichs said today.įrerichs proposed and worked with the General Assembly to create the enhancements to the Money Match program to make it easier to automatically return money to individuals without the need to file a claim. No Claim Needed with Enhanced Money Match Program, $47 Million to be Returned to 66,000 Residents THE FOLLOWING RELEASE IS FROM STATE TREASURER MICHAEL FRERICHS’ OFFICE

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