Yes. With respect to Social Security Old Age Benefits, if you were already receiving such benefits before the work injury, then there is no offset. However, if you started receiving old age benefits after the work injury, then the workers’ comp insurer is entitled to a 50% offset of your wage loss benefits.
With respect to Social Security Disability Benefits, you can also receive that simultaneous with workers’ comp- but your SSD entitlement/amount will be reduced commensurate with the amount of work comp wage loss benefits. Once you settle your workers’ comp case, the SSD amount should increase subject to a monthly offset (your portion of the settlement spread out over the rest of your expected life- converted into a monthly amount).
For more information, please feel free to email Michael W. Cardamone at Michael@cardamonelaw.com or call (215)-206-9068 for a free evaluation of your case.
-Michael W. Cardamone, Esquire- The Injured Worker’s Lawyer