Quantcast

South Utah News

Friday, October 4, 2024

Total OASDI beneficiaries in Utah zip 84749 increase in 2018

Nowhiring06

There were 60 total OASDI beneficiaries in Utah zip code 84749 in 2018, a 9.1 percent increase over 2017, which had only 55 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