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Monetary Compensation

Headquarters of Simon Löwy & Söhne (garment manufacturers), Vienna, 1938 (c) National Fund

Background

The systematic withdrawal of assets was part of the National Socialist persecution and destruction policy in Austria from 1938 to 1945. more...

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Eligibility

Both survivors of National Socialist persecution and their heirs are eligible to file applications with the General Settlement Fund. more...

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Categories of Property

The General Settlement Fund for Victims of National Socialism takes account of those categories of property which correspond to the range of property confiscations due to persecution during the NS period. more...

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Insurance policies (§ 14 item 5 of the General Settlement Fund Law)

Subject to the General Settlement Fund Law, the Austrian Insurance Association (VVO) is obligated - as far as available - to publish lists of policy holders which may be victims of National Socialist property confiscation. Here you will find the according list as well as the explanatory text of the VVO: more...

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Processing

Statistical Report of the Claims Committee

Statistical Report on the Proceedings before the Claims Committee more...

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Claims Committee

An independent Claims Committee consisting of three persons decides on applications filed with the General Settlement Fund for Victims of National Socialism. more...

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Rules of Procedure of the Claims Committee

Adopted on 2 July 2002, amended on 26 February 2004, 13 December 2005, 1 July 2009 and last amended on June 25, 2012. The amendments are highlighted in italics. more...

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Valuation Guidelines of the Claims Committee

The Claims Committee assigns a value to accepted claims by applying in principle the value that the confiscated property had in 1938, converted into USD at the rate ruling in May 2003 (i.e. the end of the period for filing claims: 1RM 1938 = 4,913511 USD; Source: Statistik Austria). more...

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Payments

The closing payments of the General Settlement Fund

On 7 July 2009, the Board of Trustees of the General Settlement Fund, to which both the presidency of the National Council and representatives of the Federal Government, as well as victims' associations and representatives of the religious communities belong, unanimously determined the final payment quotas. These quotas regulate the shares of the established losses which will de facto be disbursed. more...

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Payment quotas and the payment process

The payment quotas for payments from the General settlement Fund were calculated on the basis of the decisions reached by the Claims Committee by 1 July 2009 and the means at the Fund's disposal. The aliquot distribution of the available means is regulated by these quotas on the basis of the determined property losses. more...

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Initial Payments

After the last class action in the USA was dismissed and the Austrian Federal Government announced on 13 December 2005 that legal closure has been obtained, the General Settlement Fund for Victims of National Socialism began to make first advance payments. more...

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Initial Payments (advance payments)

Amendment of the General Settlement Fund Law (BGBl. I No. 142/2005): Initial payments (advance payments). more...

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Information

New Publication

Volume 6 of the series Decisions of the Arbitration Panel