Quantcast

Peach Tree Times

Saturday, October 5, 2024

Total OASDI beneficiaries in Georgia zip 30701 increase in 2018

Nowhiring06

There were 7,310 total OASDI beneficiaries in Georgia zip code 30701 in 2018, a 1.7 percent increase over 2017, which had only 7,190 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