P000040
Wednesday, January 23, 2002 10:26 PM
New Comments
At today's Family Meeting held in Ridgewood, NJ with Special Master Kenneth
Feinberg, it was stated that additional comments would be allowed up until
around Feb 1. Here are mine:
My wife was killed in WTC2 while a visitor to a brokerage firm. We were a
two income household. The Interim Rules exclude two key points that will
apply to my situation:
1) The rules as they describe the "consumption factor" that is deducted from
economic damages are not specific. In two-income households, the percent of
the victim's salary that would be applied toward 'consumption' that is
assumed in the model would be at most half of what was deducted. In the
Final Rules, please clarify how the Consumption Factor is determined and be
specific for one versus two income households.
2) The Economic Damage formula does not take into consideration the loss of
earnings potential and limited advancement of the surviving working spouse.
My career is now derailed and my earnings potential is much less than before
Sept. 11. How and where would this be applied?
Thank you.
Individual Comment
Paramus, NJ