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Private Pensions or Insurance

Private pensions and insurance do not cause offset of your Social Security Disability Insurance (SSDI) benefits. However, Workers' Compensation (WC) and Public Disability Benefits (PDB) benefits can cause reduction in your SSDI benefit. And, private policies are sometimes not easy to distinguish from Workers' Compensation (WC) and/or Public Disability Benefits (PDB).

Sometimes, insurance carriers provide private coverage such as: individual, employer specific, and/or union specific insurance, which is paid because of a disability. And, the same companies may also act as insurance carriers for WC or a PDB. Before you can determine if your plan is a "private pension or insurance" plan, it is important to know the underlying nature of your plan, not just who the provider of that plan is. If the nature of the plan is to provide Workers' Compensation or a Public Disability Benefit, then that plan is not a private pension or insurance, even if it administered by a private company.

Also some employers are "self-insured" as their own Workers' Compensation carrier. Under a "self-insured" plan, a payment made to you by your employer because of a work-related injury or illness is Workers' Compensation and is subject to offset. In some States (California is a good example) "self insurance" and multiple WC insurance carriers are prevalent.

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