Quantcast

Empire State Today

Sunday, November 24, 2024

Total OASDI beneficiaries in New York zip 11235 increase in 2018

Nowhiring02

There were 14,670 total OASDI beneficiaries in New York zip code 11235 in 2018, a 2.1 percent increase over 2017, which had only 14,370 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