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South Utah News

Monday, September 30, 2024

Total OASDI widow and parent beneficiaries in Utah ZIP 84774 increase in 2018

Nowhiring08

There were 20 total OASDI widow and parent beneficiaries in Utah zip code 84774 in 2018, a 33.3 percent increase over 2017, which had 15 total widow and parent 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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