N002152

Monday, January 21, 2002 12:07 AM
Comments on the Calculation of Economic Loss and other items

Dear Mr. Feinberg,

My brother      died in the attack on the Pentagon on September 11th, 2001. He was 40 years old when he died and he leaves behind a wife and two children, ages 9 and 7 (at the time he died). Based on conversations with my sister in law, and based on what I have read and heard during your briefings with the family, I feel that there are a number of things that you should do differently as special master of this fund.

First, your calculations of economic loss do not fairly represent the future earnings potential of my brother. He moved back to DC and took a new job at the pentagon less that a year ago. When he did this, he was promoted to      . In order to determine economic loss, you take the average of his last three years of income. Since he just got promoted within the last year, his calculation of economic loss will be understated if you take an average of the last three years rather than just his salary this past year. I urge you to at least look at just the last year of salary and make future adjustments based on that, rather than use your current suggested method.

Second, I think you need to protect the non economic loss allocation. Adding non economic loss to economic loss and then taking the collateral offsets against the combined amount does not seem to be consistent with the intent in which congress passed this law. I would suggest you only take the offsets against economic loss, thereby protecting the non economic loss allocation.

Third, I would urge you to raise the allocation for non economic loss. The amount you suggest is most definitely not consistent with the intent in which congress passed this law. We are spending millions to bail out the airlines (who seem to forget their culpability in this whole event.....we left them in charge of airline security, they chose the low cost provider, and we are surprised at what happened??!!), and we will spend millions in aid to Afghanistan; surely we can help provide for the families who have to live the rest of their lives without their loved ones. I would suggest that you set the non economic loss allocation at $1Million for the deceased and $100,000 for each surviving dependent. Then protect this allocation from the collateral offsets as I suggest above.

You mentioned in one of your meetings that congress put no cap on what would be spent on the victims from this fund. You stated at a meeting in Crystal City in late December that you thought $6 - $7 Billion would be spent from this fund. The suggestions that I have made will probably not exceed this amount. By raising the non economic loss allocation and protecting it from collateral offsets, each family would be awarded $1Million - $2Million per family, for a total of $3Billion - $6Billion. (Most people will lose most, if not all of the the economic loss portion because of the collateral offsets. Based on my suggestions, they will at least get the non economic loss allocation.) I think this is more in line with the intent in which Congress passed this bill.

I hope you will seriously consider these suggestions. My sister in law is not greedy, she is not looking for a hand out, she is worried about providing for the future of her family without her husband, who was to be the only source of income for their family.

Thank you for your consideration,

Individual Comment
Alexandria, VA

Previous Next Back to Comments by Date Back to Comments by Date
(Graphical Version) (Text Only Version)