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Benefit Offset

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Benefit Offset
A reduction of benefits that a retiree receives when he/she has not made sufficient contributions to a retirement plan. Many retirement plans and government programs allow benefit offsets when the beneficiary has overdue payments and/or has not contributed for a certain period of time. A benefit offset exists to protect the company or government from abuse by beneficiaries.


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Social Security Administration has awarded Abt Associates a contract to implement and evaluate the Benefit Offset National Demonstration (BOND).
Large benefit offsets would make personal accounts less costly for the trust fund but riskier for the worker.
The GPO "loophole" raises fairness and equity concerns for those receiving a Social Security pension and are currently subject to the spousal benefit offset.
 
 
 
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