Great Lakes Wire

Great Lakes Wire

Monday, December 9, 2019

Total OASDI beneficiaries in Michigan zip 48649 decrease in 2018

Business

By Local Labs News Service | Nov 25, 2019

Nowhiring02

There were 465 total OASDI beneficiaries in Michigan zip code 48649 in 2018, a 3.1 percent decrease from 2017, which had only 480 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 Village of Oakley ?

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

Organizations in this Story

Village of Oakley

More News