Can 8850 Form Compensation 2016-2023

Instructions and Help about Can 8850 Form Compensation

Hi and welcome to hill and Ponton Social Security disability blog I'm Natalia Joffrey our Social Security section director and I'm Shelly mark and the senior social security attorney so we've been talking about workers compensation and how it correlates with social security and how they can affect each other and one of our prior videos we had talked about how social security you can't receive more than social security and workers comp combined more than eighty percent of what your prior wage was okay so what they're gonna look at is how much were you making before and people say well what is that based on so is it going to be what I was making now the truth is that for the most part they're gonna look at what benefits you the most what gives you the highest monthly working wage so they're going to look at the 5 years before you became injured and they're gonna pick the year that you made the most money in order to make that 80 percent calculation now there's a difference between calculating the worker's comp and Social Security offset amount and what you're currently getting from workers comp and I know that this gets very complicated but I feel like I need to say this because workers comp is going to initially pay you based on 80% of what you were currently making what we're talking about is what are you gonna get how are they going to calculate your offset when it's workers comp and Social Security combined so that's all I'm referring to so they're going to look at the five years before you became or you stopped working and they're going to look at which was the highest year so that right off the bat can really...