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Can You Retire While on Workers Compensation?
When you’re hurt, your benefits should last as long as your injuries are present. However, you may also be nearing retirement age. Now, you may be wondering whether those benefits will last for the full duration of your needs.
At Pothitakis Law Firm, PC, we understand that you may need those benefits for your injuries, but you’re also wondering whether you can retire while on workers compensation. You may need an Iowa workers comp lawyer to help you make the transition into retirement without losing the compensation you need for your work injury.
You Still Have the Right to Compensation
When you’re hurt in a work accident, your employer is responsible for the suffering you’ve experienced, and for your physical recovery. Some injuries are long-term losses, which means you may still be getting compensated for an injury you suffered years ago.
However, that doesn’t make you less eligible for the compensation you once needed and still need. For example, your workers compensation benefits should still cover all related medical expenses, including travel to your medical appointments. Your Iowa workers comp lawyer can help you protect these rights.
Your Disability Benefits
When it comes to wage replacement benefits, things could get trickier. Your benefits may cover a significant portion of your wages, and your retirement benefits should do the same. Because of this, you may need to switch to a different plan.
To ensure all these benefits are paid, it’s best to talk to your lawyer about your case. You should receive benefits that replace the wages you would have received if you were working, but that’s not always easy.
Talk to Your Work Comp Lawyer About Your Retirement Options
When you’re on the verge of retirement and you’re still receiving workers comp benefits for your work injury, you may be unsure whether you get to keep those benefits. Current laws may even be a little confusing, making it tougher for you to make the right decision.
At Pothitakis Law Firm, PC, we understand that switching from one benefits system to another without losing coverage is a troubling idea. We’re here to help you maintain your benefits and get the help you need, without losing coverage.
If you’re worried about your case and what benefits you’ll be left with, give a workers comp attorney a call at 319-754-6400. You can also fill out the following online contact form to set up a free consultation.