Quantcast

Empire State Today

Saturday, November 23, 2024

Total OASDI beneficiaries in New York zip 14435 increase in 2018

Werehiring04

There were 760 total OASDI beneficiaries in New York zip code 14435 in 2018, a 2.7 percent increase over 2017, which had only 740 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