CHICAGO – Illinois residents shall be getting shock checks of their mailboxes this summer time as a part of the state’s effort to return unclaimed cash.
What we all know:
The Illinois State Treasurer’s Workplace is mailing out $45 million to almost 600,000 individuals via its Enhanced Cash Match program.
The initiative makes use of present information to establish individuals owed unclaimed property and sends them checks robotically—eliminating the standard paperwork.
“The very first thing we inform individuals, is that this – the cash belongs to you, the verify is actual, and this isn’t a rip-off,” State Treasurer Michael Frerichs stated in an announcement Wednesday. “The second factor we inform them, is to money the verify! Who couldn’t use slightly further pocket cash this summer time?”
Most checks are for $50 or much less, however some residents have a number of claims that add as much as greater quantities.
Frerichs’ workplace started sending notification letters in late June, with checks persevering with to reach all through the summer time.
By the numbers:
Because the Enhanced Cash Match program started in 2018, Illinois has returned greater than $130 million to over 870,000 individuals.
What you are able to do:
To verify for unclaimed cash, search the state’s database at www.illinoistreasurer.gov/ICASH.
The Supply: The data on this article was supplied by Illinois State Treasurer Michael Frerichs.
