Here is a look at the September 11th Victim Compensation Fund (VCF)and the James Zadroga 9/11 Health and Compensation Act of 2010.
Facts:
From 2001 to 2003, the September 11th Victim Compensation Fund (VCF) processed claims relating to injuries and deaths caused by the terrorist attacks of September 11, 2001.
In 2011, the fund was re-opened to compensate first responders and individuals who later experienced health problems related to 9/11.
The WTC Health Registry monitors the health of registrants who were directly exposed to the disaster.
Statistics for VCF 2001-2003:
The fund received 7,408 claim submissions from 75 countries. Awards were made in 5,560 of those cases and totaled over $7 billion.
The fund received 2,963 death claims. This accounted for more than 98% of eligible families. Funds were distributed in 2,880 of these cases. The average award was $2,082,128 and went as high as $7.1 million.
The fund received 4,445 personal injury claims. Funds were distributed in 2,680 of these cases. The awards ranged from $500.00 to $8.6 million.
The money was tax-free.
Statistics for Re-opened VCF (as of May 31, 2019):
Annual update.
Since its re-opening in 2011,the VCF has received 50,170 total eligibility claims. Of that, 23,641 eligibility claims have been approved and 16,715 are still processing.
More than $5.1 billion in compensation has been rendered.
The lowest dollar value of a compensation decision was $86.07.
Timeline:
November 26, 2001 – Kenneth R. Feinberg is appointed the Special Master in charge of the federal Victim Compensation Fund.
June 15, 2004 – The September 11th Victims Compensation Fund finishes its work processing death and injury claims from families and relatives of 9/11 victims. Families of those killed had until December 22, 2003, to apply for compensation. Families who agree to get compensation from the federal fund agree not to sue the airlines.
November 8, 2004 – A report by the Rand Institute for Civil Justice finds that victims of the September 11, 2001, attacks received an average of $3.1 million per person, totaling $8.7 billion. About $38 billion in all is paid out by the government, charities and insurance companies. Insurance companies pay the most, covering 51%. The majority of the money goes to New York businesses.
January 2, 2011 – President Barack Obama signs the First Responders Bill, also known as the James Zadroga 9/11 Health and Compensation Act, reactivating the September 11th Victim Compensation Fund that ran from 2001-2003. The act expands health coverage and compensation to first responders and individuals who have developed 9/11-related health problems, setting aside $2.775 billion to compensate claimants for lost wages and other damages related to the illnesses.
May 18, 2011 – Attorney General Eric Holder names Sheila L. Birnbaum as Special Master of the September 11th Victim Compensation Fund. She administers the fund created by the James Zadroga 9/11 Health and Compensation Act.
September 30, 2011 – The September 11th Victim Compensation Fund re-opens to serve those eligible for claims under the James Zadroga 9/11 Health and Compensation Act.
October 31, 2011 – The re-opened 9/11 Victim Compensation Fund begins taking applications, and will continue through October 2016. Final payments will be made 2016-2017.
August 15, 2012 – Sheila Birnbaum announces that award distribution is on hold until the National Institute for Occupational Safety and Health makes a decision about adding cancer to the list of illnesses covered by the Zadroga Act.
September 12, 2012 – The final rule adding 58 types of cancer to “the List of WTC-Related Health Conditions” is published in the Federal Register.
December 18, 2015 – President Barack Obama signs a bill reauthorizing the Zadroga Act,which also extends the VCF. The bill extends the deadline for filing claims through December 2020.
July 21, 2016 – Attorney General Loretta E. Lynchnames Rupa Bhattacharyya as the new Special Master of the September 11th Victim Compensation Fund. Bhattacharyya will take over when Sheila L. Birnbaum steps down later in the month.
February 15, 2019 – Bhattacharyya releases the seventh annual status report indicating that the VCF has insufficient funds to pay all current and projected claims.
