Great Lakes Wire

Great Lakes Wire

Saturday, February 22, 2020

Total OASDI beneficiaries in Michigan zip 49423 increase in 2018

Business

By Local Labs News Service | Feb 10, 2020

Nowhiring03

There were 9,390 total OASDI beneficiaries in Michigan zip code 49423 in 2018, a 1.1 percent increase over 2017, which had only 9,290 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.

Want to get notified whenever we write about City of Holland ?

Sign-up Next time we write about City of Holland, we'll email you a link to the story. You may edit your settings or unsubscribe at any time.

Organizations in this Story

City of Holland

More News