dojN001494.xml

dojN001494.xml

born-digital

email

yes

no

2002-01-10

Thursday, January 10, 2002 10:23 AM
Comments on Compensation Fund

I am writing on behalf of a friend who lost her husband in the Towers on the 11th. These questions/comments go specifically to the definition and valuation of items that are collectively part of Collateral Source Income.

1. Are 401(k) plans part of the "pension" concept. If so, certainly not the employee contribution portion and all income derived therefrom.

2. Workers Comp and Social Security. Again, employee contributions should not be deducted (nor some amount for income generated from such payments from the Fund awards. These are mandatory insurance programs required by the government and premium portion (payroll deductions) should not be deemed to be a government contribution to the families. It's like penalizing you, dollar for dollar, for every contribution made over the years.


Thanks for reading this comment and considering same.

Individual Comment

2002-01-10