The amount of money that 9/11 victims receive through the Victim Compensation Fund (VCF) varies depending on several factors, such as the severity of their injuries or illnesses and the economic losses they have suffered as a result of the 9/11 attacks.
The VCF uses a formula to calculate compensation awards based on the individual’s non-economic and economic losses. The non-economic losses include compensation for pain and suffering, and the point value for each claim is determined based on the severity of the individual’s injuries or illnesses. The economic losses include compensation for lost earnings and medical expenses, and the amount of the economic loss award is based on the individual’s age, income, and extent of their economic losses.
As of 2021, the maximum amount of compensation that an individual can receive from the VCF for non-economic losses is $250,000, while there is no cap on economic losses. However, these amounts may be adjusted based on the availability of funds in the VCF.
It’s important to note that each claim is evaluated on a case-by-case basis, and the compensation award will depend on the specific circumstances of the individual’s claim. Additionally, the VCF takes into account any other compensation that the individual has received, such as insurance payments or settlements, and may adjust the compensation award accordingly.
Contact us
If you’re a victim of exposure to toxins at the 9/11 attack and would like to make a claim for compensation from the 9/11 Victim Compensation Fund, we can help.
Please contact us at (973) 383-2700 for a free, confidential, no-obligation consultation. We want to hear from you.