Quantcast

NC Georgia News

Wednesday, November 27, 2024

Total OASDI beneficiaries in Georgia zip 30116 increase in 2018

Werehiring02

There were 4,480 total OASDI beneficiaries in Georgia zip code 30116 in 2018, a 1.7 percent increase over 2017, which had only 4,405 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