Social Security Offset and “Full Retirement Age”

Happy 2015 to everyone out there.  A recent law change has made a change to the workers’ compensation offset age.  A prior post here discusses the basics of the offset. Currently, the Department of Labor & Industries takes the offset until a worker reaches age 62.  Then the offset shifts to the Social Security Administration (SSA) at age 62. The change in the law is the age in which the offset reverts BACK to the Department of Labor & Industries.  Previously, the offset switched back at age 65.  Now, the offset from SSA will apply until the worker reaches their “full retirement age.”  “Full retirement age” is currently 66 but it is gradually increasing to 67 for those born after 1958.  You can find your “full retirement age” here.  Questions? Let us know.