If you find yourself in a situation where you are unable to work due to a job-related injury or illness in Florida, you may be wondering about the possibility of claiming both workers’ compensation and Social Security Disability Insurance.
To claim both benefits, you must understand eligibility criteria, offset rules and potential interactions between the two programs. Using both can help people facing disability challenges make strategic financial decisions.
Eligibility for SSDI
SSDI is a federal program designed to provide income to individuals who are unable to work for an extended period due to a severe medical condition. To qualify for SSDI, your condition must meet the Social Security Administration’s standards for disability. Remember, SSDI is not limited to work-related illnesses; it covers a broad range of health issues.
Workers’ compensation coverage
On the other hand, workers’ comp is a state-regulated program that provides benefits for injuries or illnesses related to your job. It encompasses medical costs and a portion of lost wages. It supports individuals who are partially disabled or unable to work for a short period.
Coordinating workers’ compensation and SSDI
If you are eligible for workers’ compensation, you can still apply for SSDI. Workers’ compensation may serve as a temporary solution while waiting for your other benefits. It can take several months to process SSDI claims.
Understanding the offset
If you apply for workers’ compensation and SSDI simultaneously, the total combined assistance cannot exceed 80% of your average earnings. If the total surpasses this threshold, the Social Security Administration will reduce your SSDI benefits. This offset continues until your workers’ comp benefits end or until you reach full retirement age.
If you are facing a work-related disability, you must consider all avenues to protect your financial security. Knowledge is a powerful tool when it comes to securing the support you need.