Yes and no. You can receive both types of benefits if you are eligible, with one caveat. Social Security may reduce your monthly payments to prevent you from earning more than 80 percent of your previous earnings. This is called an offset. - Social Security bases the offset on your average current earnings, which is typically the highest of; - The average monthly wage on which your disability benefits are based - The average monthly wage during your five best paid years The average earnings during your highest paid year of the last five years Some workers’ compensation cases end with a lump sum settlement rather than ongoing payments. In those cases, an experienced attorney can explain how your workers’ compensation offset may work.