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Sooner State News

Tuesday, December 17, 2024

Total OASDI beneficiaries in Oklahoma zip 74346 increase in 2018

Nowhiring04

There were 2,105 total OASDI beneficiaries in Oklahoma zip code 74346 in 2018, a 2.2 percent increase over 2017, which had only 2,060 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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