9/11 Victim Compensation Fund Finally Pays Out

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NEW YORK, NY - SEPTEMBER 6:  A view of the World Trade Center North Tower memorial pool at the National September 11 Memorial and Museum September 6, 2011 in New York City. Defense Secretary Leon Panetta visited the memorial five days before the 10th anniversary of the September 11, 2001 attacks.  (Photo by Susan Walsh-Pool/Getty Images)
Photo: Susan Walsh-Pool/Getty ImagesPool/2011 Getty Images

The first fifteen awards paid out Tuesday by the $2.8 billion September 11th Victim Compensation Fund ranged from $10,000 to $1.5 million each for fourteen firefighters and one correction officer who responded following the terrorist attacks on Sept. 11, 2001. They received ten percent of the awarded amount to start out with, just in case the fund doesn't have enough for all the awards that will be paid out between now and 2016 when it expires. The biggest awards "represented lost income for firefighters who were relatively young and mostly or completely disabled."