Quantcast

Grand Canyon Times

Saturday, November 23, 2024

Total OASDI beneficiaries in Arizona zip 85358 decrease in 2018

Nowhiring02

There were 775 total OASDI beneficiaries in Arizona zip code 85358 in 2018, a 1.9 percent decrease from 2017, which had only 790 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