Quantcast

Grand Canyon Times

Tuesday, November 5, 2024

Total OASDI beneficiaries in Arizona zip 86439 decrease in 2018

Nowhiring08

There were 565 total OASDI beneficiaries in Arizona zip code 86439 in 2018, a 2.6 percent decrease from 2017, which had only 580 total beneficiaries, according to the official Social Security Administration website.

The Old-Age, Survivors, and Disability Insurance (OASDI) program is a program of the Social Security Administration funded primarily through payroll taxes. It was signed into law in 1935 by then-President Franklin D. Roosevelt.

The OASDI program aims to supplement a worker’s lost wages due to retirement, disability or death of a spouse.

MORE NEWS