Total OASDI retired beneficiaries in Jamestown increases in 2018

There were 4,845 total OASDI retired beneficiaries in Jamestown in 2018, a 3.3% increase over 2017, which had 4,690 total retired beneficiaries, 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.

Want to get notified whenever we write about Jamestown ?

Sign-up Next time we write about Jamestown, we'll email you a link to the story. You may edit your settings or unsubscribe at any time.

Organizations in this Story


More News

Metro Business Network