Valuing Lost Lives
The September 11 Victim Compensation Fund uses a variety of factors, such as age, salary and benefits, projected income, household expenditures and consumption and tax rates, to determine compensation for deaths. Awards are offset by other sources of death benefits and compensation.
Range of Awards After Offsets
| Annual Income | Age | Award |
|---|---|---|
| $50,000 or less | 35 or under | $280,000 to $2.7 million |
| $50,000 or less | Over 35 | $250,000 to $2.5 million |
| $50,000 to $100,000 | 35 or under | $320,000 to $4.1 million |
| $50,000 to $100,000 | Over 35 | $250,000 to $3 million |
| $100,000 to $200,000 | All ages | $250,000 to $4.5 million |
| Over $200,000 | All ages | $250,000 to $6 million |
Sample Claims Paid
Married civilian employee, age 54, at the Pentagon with no dependents and base compensation of $116,000: $685,573 after $508,850 in offsets.
Married military officer, age 26, with no dependents and base compensation of $44,000: $1,841,128 after $168,489 in offsets.
Single trader, age 34, with no dependents and base compensation of $100,000: $1,356,552 after $150,000 in offsets.
Married laborer, age 47, with three dependents and base compensation of $58,000: $1,036,556 after $298,694 in offsets.
Married project manager, age 36, with one dependent and base salary of $231,000: $3,481,491 after $939,680 in offsets.
Source: September 11 Victim Compensation Fund
Post a Comment
To post a comment, you must provide a name and a valid e-mail address. Messages must be limited to 400 words. By using this Service you agree not to post material that is obscene, harassing, defamatory, or otherwise objectionable. Although Government Executive does not monitor comments posted to this site (and has no obligation to), it reserves the right to delete, edit, or move any material that it deems to be in violation of this rule.