Menu Contact
Injured? Call Us Today
Walborsky & Bradley
Focused On You And Your Recovery
View Our Practice Areas In this Section

Reaching retirement: Your workers' compensation benefits

Once you reach the age of retirement, you may not think there is any way to obtain workers' compensation for injuries. In truth, you know you can't return to work largely because of your age. Workers' compensation is designed to compensate you for being unable to work in the future.

According to the Federal Employees' Compensation Act of 1916, workers' compensation benefits are available to federal employees, but they can only receive either retirement benefits or workers' compensation benefits once they reach retirement age, not both. Workers' compensation pays up to 75 percent of a person's salary without any taxes taken out. Retirement benefits, on the other hand, pay 60 percent of the person's past salary.

In that case, it would often be wise to accept workers' compensation for as long as you can before switching to retirement benefits. You'd earn more of your total salary, supporting you with a larger portion of income for a greater period of time.

Keep in mind that every state is different, and some states are trying to pass laws requiring you to switch to retirement benefits once you reach retirement age. For now, it's in your best interests to look into your options and find out which of the two benefits pays more and for how long. Workers' compensation is usually limited to a short period of time, while retirement pays out until your death. Your attorney can help you understand which of these benefits works for your situation and when you should switch to retirement benefits instead of claiming workers' compensation benefits.

Source: FindLaw, "Can I Get Workers' Compensation After Retirement Age?," Le Trinh, Esq., accessed June 08, 2018

No Comments

Leave a comment
Comment Information
Email Us For A Response

How Can We Help You?

Bold labels are required.

Contact Information

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.


Privacy Policy

Walborsky & Bradley

2714 West 15th Street
Panama City, FL 32401

Toll Free: 800-800-8539
Phone: 850-250-4252
Fax: 850-434-6116
Panama City Law Office Map

438 East Government Street
Pensacola, FL 32502

Toll Free: 800-800-8539
Phone: 850-250-4252
Fax: 850-872-0649
Pensacola Law Office Map

Toll Free: 800-800-8539
Local: 850-250-4252
Fax: 850-872-0649