In our previous blog, Workers’ Compensation Benefits Offsets Social Security Disability, we discussed how workers receiving workers’ compensation would have their Social Security disability benefits reduced. Now we will cover how the offset of benefits is calculated: To calculate the amount of the offset, Social Security first determines what it calls the “applicable limit,” or the maximum total monthly amount… READ MORE
Posts Categorized: Disability and Workers Compensation
Disability and Workers’ Compensation: How Social Security Offsets Lump Sum Settlements
In continuing our series on workers’ compensation and Social Security Disability Benefits, Eric Buchanan & Associates wants you to know how worker’s compensation lump sum settlements are considered by Social Security. Lump sum settlement in workers’ compensation cases are one choice workers sometimes have instead of taking a monthly payment. Many workers’ compensation claims are settled before a hearing or… READ MORE