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Tuesday, November 26, 2024

Lynn ranks ninth in total OASDI beneficiaries in Massachusetts in 2018

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There were 50,435 OASDI beneficiaries in Lynn in 2018, ranking it ninth in Massachusetts, according to the official Social Security Administration website.

The Old-Age, Survivors, and Disability Insurance (OASDI) 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.

The following table shows cities ranked by number of beneficiaries in Massachusetts.

Field Offices Ranking by Number of Beneficiaries in Massachusetts (2018)

RankField OfficeNumber of Beneficiaries
1Worcester101,880
2Springfield88,890
3Cambridge78,235
4Malden62,590
5Lowell61,755
6Holyoke60,505
7Quincy53,210
8Brockton51,945
9Lynn50,435
10Framingham47,410
11New Bedford45,995
12Hyannis45,965
13Hanover45,370
14Attleboro38,975
15Norwood38,440
16Salem37,575
17Boston36,835
18Fall River35,965
19Falmouth33,115
20Lawrence32,850
21Haverhill30,530
22Taunton28,305
23Waltham28,050
24Fitchburg27,855
25Pittsfield25,320
26Gardner19,735
27Boston, Roslindale19,275
28Roxbury15,140
29Boston, Dorchester14,730
30North Adams9,515
31Woonsocket, RI6,600

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