Illinois Treasurer election, 2022
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← 2018
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| Illinois Treasurer |
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| Election details |
| Filing deadline: March 14, 2022 |
| Primary: June 28, 2022 General: November 8, 2022 Pre-election incumbent(s): Mike Frerichs (Democratic) |
| How to vote |
| Poll times: 6 a.m. to 7 p.m. Voting in Illinois |
| Ballotpedia analysis |
| Federal and state primary competitiveness State executive elections in 2022 Impact of term limits in 2022 State government trifectas State government triplexes Ballotpedia's Election Analysis Hub, 2022 |
| Illinois executive elections |
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Illinois held an election for treasurer on November 8, 2022. The primary was scheduled for June 28, 2022. The filing deadline was March 14, 2022.
Incumbent Mike Frerichs won election in the general election for Illinois Treasurer.
Candidates and election results
General election candidates
- Mike Frerichs (Incumbent) (Democratic Party) ✔
- Tom Demmer (Republican Party)
- Preston Nelson (Libertarian Party)
- Patrice McDermand (Republican Party) (Write-in)
= candidate completed Ballotpedia's Candidate Connection survey
Democratic primary candidates
- Mike Frerichs (Incumbent) ✔
= candidate completed Ballotpedia's Candidate Connection survey
Republican primary candidates
Did not make the ballot:
Voting information
- See also: Voting in Illinois
Ballotpedia's Candidate Connection survey responses
Ballotpedia asks all federal, state, and local candidates to complete a survey and share what motivates them on political and personal levels. The section below shows responses from candidates in this race who completed Ballotpedia's Candidate Connection survey. Candidates are asked three required questions for this survey, but they may answer additional optional questions as well.
Survey responses from candidates in this race
Click on a candidate's name to visit their Ballotpedia page.
Note: Ballotpedia reserves the right to edit Candidate Connection survey responses. Any edits made by Ballotpedia will be clearly marked with [brackets] for the public. If the candidate disagrees with an edit, he or she may request the full removal of the survey response from Ballotpedia.org. Ballotpedia does not edit or correct typographical errors unless the candidate's campaign requests it.
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Mike Frerichs (D)
Mike Frerichs has served as a watchdog for Illinois taxpayers. Since being elected Treasurer Mike Frerichs has returned a record-breaking $1.5 billion in unclaimed property to taxpayers and paid over 1.2 million claims – more than any other Illinois Treasurer in history. This happened because over sometimes fierce opposition from special interests, Mike Frerichs fought to modernize Illinois’ unclaimed property laws and system. This included taking on life insurance companies that did not pay benefits even when they knew, or should have known, that their customer had passed away. Auditors for the State Treasurer have found over $800 million in unpaid life insurance benefits owed to Illinois beneficiaries.
Mike Frerichs inherited a college savings program with among the lowest ratings in the nation. Under his leadership, Illinois changed providers, cut fees dramatically, and provided more high-quality investment options to families. As a result, not only have families saved over $100 million in fees, but independent analyst Morningstar improved their rating for Illinois’ Bright Start program from among the worst to literally tied for first in the nation. Bright Start has now received Morningstar’s top Gold rating for five consecutive years. Illinois’ college savings pool has more than doubled from $7 billion in 2015 to over $16.5 billion in assets with over 800,000 accounts today.
Mike Frerichs (D)
As the state's Chief Investment Officer, Mike Frerichs does more than make wise investments and protect taxpayer dollars, his office provides tools to help people invest in themselves.
During his tenure, he has returned more than $1.5 billion back to Illinois taxpayers through the I-Cash (unclaimed property) program, more than any other Treasurer in history. He has expanded access to higher education by improving Illinois' Bright Start College Savings Program to the top-rated program in the country, earning independent analyst Morningstar's Gold rating five years in a row. He has expanded tools like the Secure Choice program that is currently helping over 100,000 Illinois workers save their own money to retire with dignity - and an estimated 2.4 million Illinoisans who will benefit in future years. And he leads the 17-state bipartisan National ABLE Alliance, which offers people with disabilities and their families the ability to save and build financial wellness without risking federal benefits.
Statements about ESG investing
- Mike Frerichs (D), candidate for Illinois treasurer
- "Sustainability Factors. We at the Treasurer’s Office know that to fulfill our fiduciary duty and maximize returns, we need to focus on more than just short-term gains and traditional indicators. Additional risk and value-added factors that may have a material and relevant financial impact on the safety and performance of our investments need to be integrated into the decision-making process. These material sustainability factors include (1) environmental; (2) social capital; (3) human capital; (4) business model and innovation; and (5) leadership and governance factors."[1]
- Tom Demmer (R), candidate for Illinois treasurer
- "Republican treasurer candidate state Rep. Tom Demmer said such investment strategies bring unnecessary risks. 'There are a lot of those kind of companies that make a big statement on some of those issues and maybe they don't follow through with it and maybe they have shortcomings in other places...So I don’t think using these arbitrary outside standards is really going to give us the information we need to make a good decision for taxpayers.'"[2]
Past elections
2018
- See also: Illinois Treasurer election, 2018
General election
General election for Illinois Treasurer
Incumbent Mike Frerichs defeated Jim Dodge and Mike Leheney in the general election for Illinois Treasurer on November 6, 2018.
Candidate | % | Votes | ||
| ✔ | Mike Frerichs (D) | 57.6 | 2,593,816 | |
| Jim Dodge (R) | 38.9 | 1,750,897 | ||
| Mike Leheney (L) | 3.5 | 155,256 | ||
| Other/Write-in votes | 0.0 | 2 | ||
| Total votes: 4,499,971 | ||||
| If you are a candidate and would like to tell readers and voters more about why they should vote for you, complete the Ballotpedia Candidate Connection Survey. | ||||
Do you want a spreadsheet of this type of data? Contact our sales team. | ||||
Democratic primary election
Democratic primary for Illinois Treasurer
Incumbent Mike Frerichs advanced from the Democratic primary for Illinois Treasurer on March 20, 2018.
Candidate | % | Votes | ||
| ✔ | Mike Frerichs | 100.0 | 1,087,950 | |
| Total votes: 1,087,950 | ||||
| If you are a candidate and would like to tell readers and voters more about why they should vote for you, complete the Ballotpedia Candidate Connection Survey. | ||||
Do you want a spreadsheet of this type of data? Contact our sales team. | ||||
Republican primary election
Republican primary for Illinois Treasurer
Jim Dodge advanced from the Republican primary for Illinois Treasurer on March 20, 2018.
Candidate | % | Votes | ||
| ✔ | Jim Dodge | 100.0 | 602,626 | |
| Total votes: 602,626 | ||||
| If you are a candidate and would like to tell readers and voters more about why they should vote for you, complete the Ballotpedia Candidate Connection Survey. | ||||
Do you want a spreadsheet of this type of data? Contact our sales team. | ||||
2014
| Illinois Treasurer, 2014 | ||||
|---|---|---|---|---|
| Party | Candidate | Vote % | Votes | |
| Democratic |  Michael Frerichs |
48.1% | 1,694,884 | |
| Republican | Tom Cross | 47.8% | 1,685,659 | |
| Libertarian | Matt Skopek | 4.2% | 146,654 | |
| Total Votes | 3,527,197 | |||
| Election results via Illinois State Board of Elections | ||||
See also
| Illinois | State Executive Elections | News and Analysis |
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External links
Footnotes
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