“Will Disability Benefits Lower My Pension?”
There is not a clear-cut answer to this question. It depends on a number of variables. For one, it depends on the type of disability benefits you qualify for. It also depends on the kind of pension you receive.
Disability benefits from the Social Security Administration (SSA) can either be Supplemental Security Income (SSI) or Social Security Disability Insurance (SSDI).
If you are receiving SSI, or are about to begin receiving SSI, then there is a higher chance that your pension will impact your benefit amounts.
SSI And Pension Payments
Generally, it is not that your pension payments would be lowered, but rather the other way around — it could change the amount of disability payments the SSA sends you each month.
SSI qualifications are based, in part, on need. There are limits on the value of assets a recipient can own to qualify, as well as the income level of a potential recipient. The payout of disability benefits can change from month to month depending upon these numbers as they fluctuate.
If your monthly pension raises your income or asset levels enough, you may experience a decrease in your SSI payments. The SSA “offsets” the amount of pay you would receive, based on other income sources. If you experience an “offset,” it may be a temporary condition, or it could impact your overall disability benefit payouts going forward.
Most government pensions will not affect benefits from SSDI. The same is true for private pensions.
Cincinnati Supplemental Security Income (SSI) Legal Assistance
If you feel that you may need legal assistance for disability related issues, contact Clements, Taylor & Cohen LPA Co. and Butkovich & Associates in Downtown Cincinnati today.