microrobert
12-17-2012, 09:56 AM
Austrian parliament adopts schedule for closure of settlement fund for Nazi victims
Austria's parliament has unanimously resolved the deadlines for the deposit of monetary compensation for victims of National Socialism which has been awarded but could not yet be disbursed. As a result, by the end of 2018, the work of the General Settlement Fund shall be completed and the remaining funds transferred to the National Fund of the Republic of Austria for programs benefitting Nazi victims.
The General Settlement Fund, established in 2001 on the basis of the Washington Agreement and endowed with US$ 210 million, has recognized around 103,000 individual claims for compensation of asset losses which were covered only in part or not at all by previous compensation measures. The largest single amount of compensation awarded was US$ 1.08 million. Disregarding the applications for which no compensation was awarded, the average compensation payment was around US$ 12,000.
http://www.worldjewishcongress.org/en/news/12809/austrian_parliament_adopts_schedule_for_closure_of _settlement_fund_for_nazi_victims
Austria's parliament has unanimously resolved the deadlines for the deposit of monetary compensation for victims of National Socialism which has been awarded but could not yet be disbursed. As a result, by the end of 2018, the work of the General Settlement Fund shall be completed and the remaining funds transferred to the National Fund of the Republic of Austria for programs benefitting Nazi victims.
The General Settlement Fund, established in 2001 on the basis of the Washington Agreement and endowed with US$ 210 million, has recognized around 103,000 individual claims for compensation of asset losses which were covered only in part or not at all by previous compensation measures. The largest single amount of compensation awarded was US$ 1.08 million. Disregarding the applications for which no compensation was awarded, the average compensation payment was around US$ 12,000.
http://www.worldjewishcongress.org/en/news/12809/austrian_parliament_adopts_schedule_for_closure_of _settlement_fund_for_nazi_victims