Settlement FAQs

how much on 9 11 fund settlement

by Mikayla Murray Published 3 years ago Updated 2 years ago
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At the end of the process $7 billion was awarded to 97% of the families. A non-negotiable clause in the acceptance papers for the settlements was that the families were to never file suit against the airlines for any lack of security or otherwise unsafe procedures.

How much did 9/11 victims' families get from the settlement?

The families that opted out of the fund and eventually settled may have received on average of under $5 million, using figures from the report of Sheila Birnbaum, the 9/11 mediator. The information, however, is confidential.

What is the September 11th Victims 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.

How much did 9/11 victims get paid tax free?

In addition, 2,300 physically injured 9/11 victims or those who suffered from respiratory problems cleaning up the World Trade Center were each awarded $400,000 tax-free, on average, Feinberg said.

Who wants justice for 9/11 victims?

9/11 Families, Except One, Receive Over $7 Billion Nearly 10 years after 9/11, Mark Bavis' family still wants justice.

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Overview

The September 11th Victim Compensation Fund (VCF) was created by an Act of Congress, the Air Transportation Safety and System Stabilization Act (49 USC 40101), shortly after 9/11 to compensate the victims of the attack (or their families) in exchange for their agreement not to sue the airline corporations involved. Kenneth Feinberg was appointed by Attorney General John Ashcroft to be special master of the fund. He developed the regulations governing the administrat…

In the United States

Feinberg was responsible for making the decisions on how much each family of a victim would receive. Feinberg had to estimate how much each victim would have earned in a full lifetime. If a family accepted the offer, it was not possible to appeal. Families unhappy with the offer were able to appeal in a nonadversarial, informal hearing to present their case however they wanted. Feinberg personally presided over more than 900 of the 1,600 hearings. At the end of the proces…

The eight-part Feinberg plan

In his book titled What is Life Worth?, Feinberg described the eight-part plan which was applied to approaching the September 11th Victim Compensation Fund (see Publications section below).
(i) Identify someone with sufficient and exceptionally broad experience in mass tort action mediation, litigation, and settlement, which Feinberg possessed through his previous personal experience as a political activist and his work in the Agent Orange compensation settlement.

Additional compensation

Despite the disputed claim of the 9/11 Commission Report that the Saudi Arabian government was not involved in the attacks, some 9/11 families sued the Saudi Arabian government in 2016 seeking additional restitution. The lawsuit accuses the Saudis of wrongful death.
In February 2022, the Joe Biden administration allowed a $3.5 billion fund from the government of Afghanistan to be used by the victims of the 9/11 attacks.

In popular culture

• Worth (2020 film)

See also

• Financial assistance following the September 11 attacks

Publications

• Feinberg, Kenneth (June 2012). Who Gets What: Fair Compensation after Tragedy and Financial Upheaval. New York City: PublicAffairs. ISBN 9781586489779.
• Feinberg, Kenneth. What is Life Worth?: The Unprecedented Effort to Compensate the Victims of 9/11 (2005), Perseus Books Group. ISBN 9781586484514

External links

• Original fund website (archived)
• Current fund website

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