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What does “offset” mean?

April 26, 2017mean offset

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What does “offset” mean?

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Offset verb (offsetting; past and past part. offset) 1. counterbalance; compensate for. noun 2. something that counterbalances; a compensating equivalent.

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• A: Ordinarily, disability payments from other sources do not affect your Social Security disability benefits. But, if the disability payment is workers’ compensation or another public disability payment, your and your family’s Social Security benefits may be reduced. Your Social Security disability benefit will be reduced so that the combined amount of the Social Security benefit you and your family receive plus your workers’ compensation payment and/or public disability payment does not exceed 80 percent of your average current earnings.