Compensation Fund for Living Victims of Libyan Terrorism: Justice for Lockerbie Survivors
This Act establishes a dedicated trust fund of over $42 million to provide compensation to a specific group of U.S. citizens who survived Libyan State-sponsored terrorism. The payments are targeted at individuals who were Pan American World Airways employees on December 3, 1991, were 45 or older at that time, and were named claimants in a specific lawsuit. Eligible citizens must file a claim within a short deadline to receive an equal share of the total fund amount.
Key points
Establishes the Living Victims of Lockerbie Claims Trust Fund with an appropriation of $42,066,338.
Compensation is strictly limited to individuals who were Pan Am employees on December 3, 1991, were 45 or older, and were alive on August 14, 2008.
Eligible individuals (or their estate representatives) must file a claim with the Foreign Claims Settlement Commission within 60 days of the notice publication.
The compensation amount for each certified claimant will be equal, calculated by dividing the total fund amount by the number of approved claims.
Status:
Introduced
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