September 11th Victim Aid and Compensation Fast Facts - CNN

September 11 Victim Aid and Compensation Fast Facts

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 reopened 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

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.
August 15, 2012 - Sheila Birnbaum announces that award distribution is on hold until the National Institute for Occupational Safety and Health decides whether to add cancer to the list of illnesses covered by the Zadroga Act.
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. Lynch names 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.
July 29, 2019 - President Donald Trump signs an act into law which authorizes the extension of the 9/11 Victim Compensation Fund. The fund was slated to expire in 2020. But the newly signed legislation, championed by comedian Jon Stewart, ensures the compensation for victims through 2090.