Although it is recognized that a different after-tax interest rate could theoretically be calculated for each age, income, and state combination, such a computation was impracticable for the large-scale valuations to be undertaken here. Secure .gov websites use HTTPS Please note: For deceased victims, the VCF will submit Personal Representatives Letters of Administration to both NYCERS and NYSLRS along with the completed Exhibit B1 form you provided with the claim. Recent test results and treatment prescribed that show the severity of your condition. PDF Victim Compensaton Fund Frequently Asked Questions The appropriate amount of the compensation that should be offset, taking into account the time value of money and contributions made by the injured victim or decedent in the nature of investment or savings. The VCF Act establishes certain caps on non-economic awards for physical injury claims. (2) A document that demonstrates the amount of the expense that you have paid out- of-pocket, as explained below. See the Collateral Source Offsets section for more information. For example, if the victim left the workforce more than one year before death without a permanent partial or total occupational disability determination based on an eligible 9/11-related physical health condition, the VCF will consider the reasons the victim originally left the workforce and the likelihood that the victim would have returned to the workforce were it not for the victims eligible condition in determining whether the victim actually lost compensation as a result of an eligible condition. The 9/11 victim compensation fund formula is generally as follows: Non-Economic Losses + Economic Losses - Collateral Offsets = Award Amount. In order to qualify for discrete past lost earnings (i.e., losses incurred before you filed your VCF claim or losses incurred in the absence of a third-party disability occupational disability determination), you must show that you were unable to work, or unable to work at the same level, as a result of an eligible condition and that you incurred losses as a result. If you're preparing to submit a claim to the VCF, you may have many questions about the September 11 th Victim Compensation Fund ("VCF") claim review process. In general, the VCF will accept a determination by a governmental agency that you have a disability and will accept the governmental agencys determination of the cause of the disability. Please only submit documents that are related to your 9/11-related eligible physical conditions. The total amount of the claimed medical expenses incurred due to eligible conditions exceeds $5,000. Note that in general, the VCF will need medical records substantiating claims of medical procedures (surgery, etc.). The VCF will not reimburse expenses that were covered by another entity, and will only reimburse that portion of the expenses that is directly related to the death of the victim or to memorializing his or her passing. If SSA or another entity found you disabled based on a condition that is not eligible for compensation by the VCF, please do not contact SSA or the other entity to request that they change your disability determination solely for the purpose of obtaining VCF compensation. A claimant will be considered to have been fully compensated if the compensation s/he received in VCF1 exceeds the amount of compensation s/he is eligible to receive in VCF2 based on his/her eligible conditions and the circumstances of the claim. These rates are shown in Table 5 below. It is important that you respond to all missing information letters within the timeframe specified in the letter. The VCF will treat all conditions in the category of Interstitial Lung Diseases (ILD) as equivalent. As a matter of general policy, the VCF will not award lost earnings if the victim was 65 years old or older at the time of disability or death based upon the presumption that the victim had reached his or her reasonable work-life expectancy.
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