The Archdiocese of Baltimore is proposing nearly $170 million in compensation for abuse victims amid its ongoing bankruptcy proceedings there.
A May 15 filing in U.S. Bankruptcy Court revealed that the archdiocese would contribute just under $44 million to an abuse settlement for survivors, while “settling insurers” would pay a total of $125 million into the fund.
The insurance amount represents a 25% increase from an earlier proposed contribution of $100 million.
In a statement on the filing, the archdiocese said the overall plan “seeks to provide equitable compensation to survivors while sustaining the Church’s mission and ministries.”
The proposal “reflects a commitment to transparency and a realistic assessment of available resources,” it said.
The archdiocese noted that “no final agreement has yet been achieved.” The proposal would also establish a “Survivor Compensation Trust” to “evaluate claims and distribute compensation to survivors.”
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