Quantcast

North Boston News

Saturday, November 23, 2024

Total OASDI disabled beneficiaries in Massachusetts zip 01844 decreases in 2019

Nowhiring01

There were 1,590 total OASDI disabled beneficiaries in Massachusetts zip code 01844 in 2019, a 3.3 percent decrease from 2018, which had 1,645 total disabled 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