On September 9th, the 9/11 Victim Compensation Fund released new statistics on compensation awards for 9/11 survivors and victims with 9/11 related conditions and cancers. The fund has now issued compensation awards totaling approximately $1.4 billion, which is more than 50% of the total money in the fund set up for 9/11 survivors and victims ($2.7 billion).
Over 20,000 Eligibility Forms Filed by 9/11 Survivors and Victims
Over 6,000 9/11 survivors and victims have received awards since the 9/11 fund started in 2012. According to the statistics, about 12,000 individuals have been found eligible for compensation as of September 2015–therefore, being at the 50% mark of award money allocated would seem to be a good sign.
However, what worries many advocates for 9/11 survivors and victims is that while 50% of the fund has been allocated to roughly 50% of the 12,000 individuals who have been found eligible by the VCF, over 20,000 eligibility forms have been submitted. Still more troubling is the fact that over 65,000 people have registered with the Fund and may potentially file claims before the drop dead deadline in October 2016!
What does this mean? The Fund definitely needs more money.
Over $150 Million Collected for Cancer Victims
$2,085,599.00 Award for Family of Lower Manhattan Insurance Executive diagnosed with lung cancer
$1,867,195.10 Award for Lower Manhattan Financial Industry worker diagnosed with eye cancer, preventing him from continuing his work
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