General Settlement Fund 2009

Austrian Federal Chancellery (01/18/2010)

On January 12, 2010, the Board of Trustees of the General Settlement Fund looked back on the first six months of the final phase of Austria’s compensation payments to NS victims. Following an amendment of the law in July 2009, about 20,700 claims for compensation amounting to 1.5 billion Euros had been received.

Some 4,600 claims had already been settled by transferring money to 5,400 persons, informed the Chairwoman of the Board of Trustees, Speaker of Parliament Barbara Prammer. Many claims covered several persons, Prammer said, explaining the difference between the number of claims and the number of recipients of compensation payments. About 210 million US dollars were allocated to the Fund established in 2001.