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Thursday, November 21, 2024

Total OASDI beneficiaries in Pennsylvania zip 17006 decrease in 2018

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There were 210 total OASDI beneficiaries in Pennsylvania zip code 17006 in 2018, an 8.7 percent decrease from 2017, which had only 230 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.

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