Your Virginia Social Security disability benefits can be offset by any benefits you receive in a Workers’ Compensation claim. If you’re concerned about your benefits, you should have a Richmond injury lawyer review your case and help you receive the maximum value of your claim.
A lawyer who handles Workers’ Compensation cases on a day-to-day basis understands how any settlement can affect the income you receive through Social Security. In Virginia, the laws regarding Workers’ Comp cases can be very difficult to decipher without legal counsel. Therefore, it would be in your best interest to hire a Richmond injury lawyer.
Workers’ Comp and Social Security in Virginia
If there is no language in your Workers’ Comp settlement paperwork that protects your Virginia Social Security benefits, you risk losing a significant amount of your settlement. For example, suppose you settle your claim on your own for $75,000 at a time while you receive monthly Social Security disability payments of $800.
After the settlement, you could end up receiving only about $200 a month in disability benefits for the next 5 years or so simply because you didn’t insist on settlement language that would have protected your disability benefits.
When the 5 years are up, you would go back to receiving your $800 monthly benefits. In this case, the Workers’ Comp claim would be settled for nothing because Social Security is taking credit for the $75,000 until the lump sum is used up.
To avoid such a scenario, your lawyer is skilled to reach a settlement that is apportioned over a lifetime. This would result in no reduction in your disability benefits or a minimum reduction of $10-$20 monthly.
Contact Richmond Attorneys about Your Work Related Injury Claim
When you have difficulties with your work-related injury claim, a Virginia Workers’ Comp lawyer can bear some of the burden you’ve been placed under. To get back on your feet, whether it means getting back to work or getting the benefits you deserve, order a copy of our free book, the Ultimate Guide to Workers’ Compensation in Virginia, and contact a Workers’ Comp attorney at the Injured Workers Law Firm for a no-cost consultation – 1-877-755-7744 or 1-804-755-7755.