Topics: compensation payments
Spouse of Holocaust Survivor Fund
The Spouse of Holocaust Survivor Fund is open to spouses of deceased recipients of the Claims Conference’s Article 2, Region-Specific Pension or Central and Eastern European (CEEF) pension funds. To be eligible, the claimant (the spouse of the deceased pension recipient) All other heirs are not eligible to file an application. The spouse of Holocaust […]
Child Survivor Fund Launched
Eligible Survivors Should Apply to Receive 2,500 Euro One-Time Payment Applications have been mailed to survivors who the Claims Conference believes may be eligible for its new Child Survivor Fund. The Claims Conference gathered information about these survivors from other compensation programs.
Bank Fees Charged for Holocaust Compensation Payments
The Claims Conference uses wire transfers to make payments to eligible recipients of certain Holocaust compensation funds that we administer. Most financial institutions require that we use wire transfers, as opposed to direct deposit, for one-time payments. Although the Claims Conference covers all outgoing fees related to making the wire transfer, unfortunately, some financial institutions […]
Tax Exemptions
United States Restitution payments paid to a Nazi victim, his or her heirs or estate, are not subject to federal income tax. See IRS Publication 525 at page 34. This exclusion includes payments made by a foreign government, the United States, or any foreign or domestic entity. Certain types of interest earned on these payments […]
