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Greenville Reporter

Wednesday, December 25, 2024

Total OASDI retired beneficiaries in North Carolina zip 28554 increases in 2018

Nowhiring09

There were 85 total OASDI retired beneficiaries in North Carolina zip code 28554 in 2018, a 6.3 percent increase over 2017, which had only 80 total retired 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.