Germany will pay Holocaust survivors across the world over $1 billion in 2024

cross-posted from: https://exploding-heads.com/post/123875

Germany will pay Holocaust survivors over $1.4 billion next year, which will go toward one-time payments for the survivors and welfare programs.

The Conference on Jewish Material Claims Against Germany announced the compensations on Tuesday in a press release after meeting with the German Federal Ministry of Finance. The conference, which represents Holocaust survivors, stated the $1.4 billion will go towards direct compensation and social welfare programs for the survivors.

Outcomes from the meeting include:

$888.9 million total in funding will go toward home care services with an additional $105.2 million going toward survivors; "increased" needs

A one-time payment each year until 2027 toward more then 128,000 recipients of the Hardship Fund. Survivors will receive €1,250 ($1,365.88 in U.S. currency) per person for 2024, €1,300 ($1,420.51 in U.S. currency) for 2025, €1,350 ($1,475.14 in U.S. currency) for 2026 and €1,400 ($1,529.78 in U.S. currency) for 2027.

Germany also extended funding for Holocaust education until 2027. There will be €38 million ($41.52 million in U.S. currency) toward education in 2026 and €41 million ($44.80 million in U.S. currency) toward education in 2027.