I'm slightly confused by this. A point on a polyline doesn't have a single normal, as it's incident to two edges, and in general those edges have two different normals. If you push out the edge by the offset amount, that's what Tiller and Hanson proposed in 1984, and one of the things I found is that it performs surprisingly badly. It is in common use though.
If you're talking about a variation of that where you choose some other concept of "normal" relevant to the point, I'd be interested to learn more.