On this site you will find information related to claims, claim submissions, documents available for download, and pertinent notifications.
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Plant Asbestos Funds Received Ratio

Posted 05/07/2024
The Trustees, with the consent of the Trust Advisory Committee and the Futures Representative, have increased the Funds Received Ratio from 16.5% to 20% of the total liquidated claim value.  After necessary updates to the claims processing system and payment procedures have been completed, claims will be paid in accordance with this change.  All eligible previously paid claims should receive the additional amounts due as a result of this Funds Received Ratio increase by the end of July 2024.

Annual Report

Posted 04/30/2024
PLEASE TAKE NOTICE that a hearing on the motion to approve Plant Asbestos Settlement Trust’s Twelfth Annual Report and Accounting is scheduled for Thursday, June 6, 2024 at 10:00 a.m. before United States Bankruptcy Court Judge, the Honorable Hannah L. Blumenstiel, at the United States Bankruptcy Court for the Northern District of California, San Francisco Division, located at 450 Golden Gate Avenue, 16th Floor, San Francisco, California 94102 in Courtroom 19.

Indexed Base Case Values for Economic and Medical Loss

Posted 01/23/2024
The new indexed base case values for 2024 are as follows:
Economic Loss Base Case- $261,000
Medical Loss Base Case- $248,000
Assumed Future Medical Loss and Funeral Expenses- $93,065

Physician Request

Posted 01/23/2024
Per the Matrix Section 1 b, medical experts who are not Board-Certified but who meet equivalent medical experience and expertise requirements may be approved by the Trust with consent of the Trust Advisory Committee (“TAC) and Futures Representative upon application by a Claimant. A request was made for Dr. Richard A. Levy to be approved as an equivalent to those of a board-certified occupational medicine physician. The request reviewed at the November 2023 Trustee meeting and was deemed not acceptable to approve Dr. Levy as an equivalent to those of a board-certified occupational medicine physician.

Timing of Requests for Consideration at Trustees’ Meetings

Posted 01/02/2024
Any requests for revisions to Trust policies or procedures, physician certification, modifications to an approved list, and/or Trust Distribution Procedures/Matrix interpretations or questions to be considered during the Trustees’ meeting must be received by the Trust on or before the deadline, listed below.

For requests to be considered at future Trustees’ meetings, the schedule is as follows:

          Trustees’ Meeting                          Deadline for Requests

          February 2024                               Friday, January 12, 2024

          April 2024                                       Friday, March 8, 2024

          September 2024                            Friday, August 9, 2024

          November 2024                            Friday, October 11, 2024