Sept. 11 Victim Compensation Fund Cuts Payouts By As Much As 70 Percent
The fund is reducing awards as it faces a surge in claims before the fund's 2020 expiration date.
The September 11th Victim Compensation Fund is cutting its payouts in half for some and by as much as 70 percent for others, as the fund faces a surge in claims ahead of its expiration date in December 2020.
The fund, which was opened in 2011, compensates for deaths and illnesses due to exposure to toxins at the sites of the Sept. 11 attacks. The $7.3 billion fund has already paid out about $5 billion to 21,000
