September 2026

Treasurer Frerichs and a construction worker, both wearing hard hats and yellow vests, looking at the Chicago skyline. Overlaying text says: Investing in Illinois workers. A map of Illinois also is visible.

A Lifetime of Work Deserves a Better Retirement

Last weekend, I marched in a couple of Labor Day parades. It’s important to celebrate the accomplishments of working people. Maybe you gathered with friends and family to grill and eat outdoors. Maybe you took the chance to get on the water one last time this summer. Or maybe you watched your favorite team play a game. Those are also worthwhile ways to mark the holiday. Not everyone should live to work. We work so that we can live better. And we have those options because people fought for things like…

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Treasurer Frerichs and 2 other people standing outside at a construction site as the Chicago skyline is in the background, and a TV camera person is on the left

Illinois Treasurer Frerichs, Labor Leaders Highlight New Law Allowing Investment in Affordable Housing Ahead of Labor Day

AFL-CIO Housing Investment Trust Partnership Will Create Illinois Jobs, Build Affordable Housing, Generate Investment Returns Video will be available here: Ahead of Labor Day, Illinois State Treasurer Michael Frerichs, labor leaders, and state legislators on Thursday highlighted a new law that will allow him to make investments to build more affordable housing. Senate Bill 3086, which passed with bipartisan support in late May, allows Treasurer Frerichs to invest in the AFL-CIO Housing Investment Trust. The fund focuses on building and preserving affordable and workforce housing, creating union construction jobs,…

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Two men walk along a dirt lot where wood framing for a house is being built

Investing in the Place We Call Home

It can be hard to leave a house you’ve lived in for more than a quarter century. We make a lot of memories in our homes, but I think it’s even more difficult when you built the house yourself. I can’t say for certain because I don’t have the skills to build a house, unlike my older brother, James. Last spring, he sold the house that he built nearly 30 years ago. James has gone through two union apprenticeship programs. He has been trained as an operating engineer and as…

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