Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Title A name given to the resource Department of Justice Emails Description An account of the resource The Department of Justice received more than 11,000 e-mails in response to the agency's public solicitation for comments upon its plans to distribute the September 11th Victim Compensation Fund of 2001 established by Congress to benefit the victims of September 11 and their families. These e-mails have been organized here by date. September 11 Email September 11 Email: Body The basic content, as unstructured text; sometimes containing a signature block at the end. Wednesday, November 21, 2001 Comments on Notice of Inquiry and Advance Notice of Rulemaking Dear Mr. Zwick: The bifurcated approach as indicated in comment W000413 by the General Counsel of Keefe, Bruyette & Woods, Inc. has a great deal of merit as do a great many of the other 400 plus responses to date. These responses indicate a great deal of pain and suffering. In these comments I would like to focus on those who suffered the most, i.e. the 3,000 plus who lost their life and those that they left behind. I would like to suggest a possible simplified and fair claims approach for the economic loss of earnings for each deceased member of this group. This is only one loss under the category of economic losses. The economic compensation for each estate might utilize the following formula: A = X (65 - Y) - Z where A equals the Award for economic loss of earnings X equals total 2001 annualized employee compensation or in the case of self employed their net profit from Schedule C of Form 1040 for the year 2000 plus contributions for their pension and profit sharing plans. Y equals age at last birthday Z equals collateral amounts received as ultimately interpretated under the law If the deceased were a 45 year old employee earnina an annualized salary and bonus of $80,000 during 2001, and had a employee term insurance policy of $200,000 and no other benefits, the award might be: A = $80,000 (65 - 45) - $200,000 or A = $1,400,000 A floor for these types of losses might be $1,500,000. If that amount were the floor, then the award solely for loss of earnings would be increased to this higher amount. This analysis assumes that the annual rate of increase in compensation or earnings exactly equals the discount rate that would be utilized to obtain a net present value for the future stream of these earnings or compensation. While it would appear that this assumption is biased against the decedent's estate, under this simplified approach it might be acceptable. While this is admittedly an overly simplistic approach to something extremely complicated, it appears to work reasonably well. It also serves two very important considerations: 1) Those who decide to waive their rights and proceed under the Fund will have ample notice of the consequences of their decision and 2) It treats all members in the class fairly by removing the "needs" analysis which has proven unworkable. If this doesn't provide an acceptable monetary award for the loss of earnings, then the alternative approach as outlined in comment W000413 could be utilized for those special situations that require more analysis, documentation and hearings. Thank you. Individual Comment Hackensack, NJ September 11 Email: Date The local time and date when the message was written. 2001-11-21 Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Title A name given to the resource dojW000642.xml 911DA Item Elements describing a September 11 Digital Archive item. Status The process status of this item. approved Consent Whether September 11 Digital Archive has permission to possess this item. full Posting Whether the contributor gave permission to post this item. yes Copyright Whether the contributor holds copyright to this item. yes Source The source of this item. born-digital Media Type The media type of this item. email Created by Author Whether the author created this item. yes Described by Author Whether the description of this item was submitted by the author. no Date Entered The date this item was entered into the archive. 2001-11-21