Peoria resident receives national award for unclaimed property advocacy

Local News
Allen Mayer + Treasurer Frerichs[33275]_1555430202185.jpg.jpg

PEORIA, Ill. – One Peoria resident was recently awarded for his work with advocates from the business community in the wake of a major revision to Illinois’ unclaimed property law through the Revised Uniform Unclaimed Property Act (RUUPA).

Illinois State Treasurer Michael Frerichs announced Peoria man Allen Mayer was awarded the Above and Beyond Award by the Unclaimed Property Professionals Organization (UPPO). Mayer serves as Frerichs’ Chief of Staff.

“This national recognition is well deserved, and I am proud to see Allen’s work acknowledged,” Frerichs said. “Allen has worked tirelessly as a champion of RUUPA, which has modernized unclaimed property laws in Illinois. His hard-work, dedication, and leadership has resulted in a faster, easier, and safer process for Illinois residents to reclaim their lost money and property.”

Mayer oversaw the crafting and passage of the RUUPA in Illinois, the first major rewrite of unclaimed property law by the Illinois General Assembly in more than 50 years. The act expands many of the ways the treasurer can seek to reunite owners with unclaimed property. RUUPA became state law on Jan. 1, 2018.

The Unclaimed Property Professionals Organization recognizes specific state administrators and unclaimed property programs for their excellence.

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